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dunkang
#21 Posted : Thursday, March 01, 2012 10:35:14 PM
Rank: Elder


Joined: 6/2/2011
Posts: 4,818
Location: -1.2107, 36.8831
Mine was not an ATM case. A lady teller (Kip-whatever) at KCB sarit center issued me with an outdated 199(x) USD100 bill amongst 2006 bills, only realised it while at a FOREX, and i lost 400/- for that note! This happened in Mid Jan 2012!

No wonder they declare such bloody and cursed profits!
Receive with simplicity everything that happens to you.” ― Rashi

earthvoice
#22 Posted : Thursday, March 01, 2012 10:53:21 PM
Rank: Member


Joined: 1/29/2011
Posts: 257
keraka wrote:
kompany wrote:
i am a kind of a person who tend to withdraw cash from ATM and leave the place without confirming what is on my hand tally with the receipt and what i had key in.Two days ago how ATM i was surprise can defraud pple.Atm counts for you a 500 and 200 note in place of a 1000 note and then deducts the whole wrong amount

amount withdrawn=15000
amount received= 13700 (12 one thds notes,1 five hrd and 1 two hrds)

ATM receipt=15000

Amount keyed in =15000

the following day i went to there offices just at the door in Sarit this is the respond i got
atm got 'confused' and mixed up notes for 1k, 500 n 200


If it were you can you trust them?


Kinjana how many years have you been in form one.Me thinks the ATM was right n you n arithmetic and grammar r enemies.

He he he... be nice!
"All intelligent investing is value investing -- acquiring more than you are paying for. You must value the business in order to value the stock." - Charlie Munger.
earthvoice
#23 Posted : Thursday, March 01, 2012 10:56:01 PM
Rank: Member


Joined: 1/29/2011
Posts: 257
ali wrote:
Stanchart westlands branch. I withdrew 12k and got 14k.
Stanchart Moi avenue:i withdrew 25k and got 22k.
For me, counting is a must.

I'd stick with the Westi branch, if I were you... I'm just saying.Whistle
"All intelligent investing is value investing -- acquiring more than you are paying for. You must value the business in order to value the stock." - Charlie Munger.
mukiha
#24 Posted : Friday, March 02, 2012 12:09:07 PM
Rank: Elder


Joined: 6/27/2008
Posts: 4,114
Drunkard wrote:
How do you even know the note is fake, unless of course you've made fake note before!


Check the elephant at the bottom left hand corner of the front side of the note [next to lion's head]. The two halves of the elephant match perfectly when viewed against a light source.

In my view, this elephant is more secure than water marks, metal lines and UV marks.
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
mukiha
#25 Posted : Friday, March 02, 2012 12:13:00 PM
Rank: Elder


Joined: 6/27/2008
Posts: 4,114
BTW: If the machine gives you wrong amount, that matter ends there. You have already signed an indemnity when applying for the ATM card....

Did you read the terms and conditions of use?
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
theking
#26 Posted : Friday, March 02, 2012 4:54:40 PM
Rank: Member


Joined: 1/25/2010
Posts: 344
@mukiha,that is not right
Impunity
#27 Posted : Saturday, March 03, 2012 12:17:39 PM
Rank: Elder


Joined: 3/2/2009
Posts: 26,328
Location: Masada
mukiha wrote:
BTW: If the machine gives you wrong amount, that matter ends there. You have already signed an indemnity when applying for the ATM card....

Did you read the terms and conditions of use?


Pray Pray Pray
Na'ah!!!
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

slickyoz
#28 Posted : Saturday, March 03, 2012 12:45:49 PM
Rank: Member


Joined: 5/9/2011
Posts: 178
Location: Nairobi
Drunkard wrote:
How do you even know the note is fake, unless of course you've made fake note before!

Doesn't matter if you've made fake note before!Utapatikana..nobody wants to take responsibility for ownership of a fake note..try taking it back and they deny!! Wasn't me!!!!!!!!
Those who follow the crowd usually get lost in it - Techbiznah
QW25091985
#29 Posted : Saturday, March 03, 2012 12:59:54 PM
Rank: User


Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
Impunity wrote:
mukiha wrote:
BTW: If the machine gives you wrong amount, that matter ends there. You have already signed an indemnity when applying for the ATM card....

Did you read the terms and conditions of use?


Pray Pray Pray
Na'ah!!!



what ! I waste my time reading that boring long letter, . Lol.
But companies like misusing that indemnity clause.
aces
#30 Posted : Sunday, March 04, 2012 1:41:19 PM
Rank: Member


Joined: 9/6/2009
Posts: 92
@kompany, if wat you are sayin is true, then blame the person who loads the atm. The atm machine is ok, coz it dispenses wat its being fed with. There are diff cassetes for diff denominations, say 100,200,500 en 1000. So when loadin, the dude put the 500 en 200 note in the 1000 cassette, u get? Can be the dude confused or had taken a joint!
"

Life's a wheel of fortune and its my chance to spin it"
|
dunkang
#31 Posted : Sunday, March 04, 2012 1:45:57 PM
Rank: Elder


Joined: 6/2/2011
Posts: 4,818
Location: -1.2107, 36.8831
aces wrote:
@kompany, if wat you are sayin is true, then blame the person who loads the atm. The atm machine is ok, coz it dispenses wat its being fed with. There are diff cassetes for diff denominations, say 100,200,500 en 1000. So when loadin, the dude put the 500 en 200 note in the 1000 cassette, u get? Can be the dude confused or had taken a joint!


Can this be done intentionally?
Receive with simplicity everything that happens to you.” ― Rashi

Gordon Gekko
#32 Posted : Sunday, March 04, 2012 4:04:46 PM
Rank: Elder


Joined: 5/27/2008
Posts: 3,760
The beauty of kenyan currency notes is that different denominations have different sizes, unlike the US$, so how can a 100 note fit in a 1000 catridge or vice versa?
aces
#33 Posted : Sunday, March 04, 2012 5:31:36 PM
Rank: Member


Joined: 9/6/2009
Posts: 92
@dunkang, if its intention, that amounts to fraud..
@gekko
the cassetes are of the same shape en size, it aint like there made to hold the diff denomination...but, the intelligent atm, which can take deposit en recycle for withdrawal is an exception...
Take this for example, a friend of mine went to atm to withdraw 500, but the atm dispensed 1k. So he did this repeatedly en he parted with 5k, unlucky for him, when the recon was done he was debited the extra cash withdrawn..
"

Life's a wheel of fortune and its my chance to spin it"
|
dunkang
#34 Posted : Sunday, March 04, 2012 7:17:26 PM
Rank: Elder


Joined: 6/2/2011
Posts: 4,818
Location: -1.2107, 36.8831
If this machine can notice that it has issued more, can't it also know that it has issued you less!

For the case of fake cash, that must be FRAUD!
Receive with simplicity everything that happens to you.” ― Rashi

mukiha
#35 Posted : Wednesday, March 14, 2012 9:12:50 AM
Rank: Elder


Joined: 6/27/2008
Posts: 4,114
This advisory came from my bank this morning:


Dear Customer,

As your Bank and in conjunction with Kenya Bankers Association , we are making all efforts to prevent ATM fraud. Here are 5 tips that can help you ensure your money is safe when you make transactions at the ATM:

(1) Check the area before using the ATM. If anyone or anything looks suspicious leave at once

(2) Do not use an ATM that appears to have tampered card slots or cash slots

(3) Never accept help from a stranger, call your bank

(4) For your security, never count your money at the ATM

(5) Ensure that your pin number is hidden from view when typing it in


Please contact our 24 hour call center immediately should you suspect anything on 3221000/ 0719 088 000/ 0732 100 000.

Be alert! It’s your money , It’s your sweat.

With Regards,

I&M Bank Ltd.
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
chemos
#36 Posted : Wednesday, March 14, 2012 4:39:27 PM
Rank: Elder


Joined: 11/28/2006
Posts: 1,799

(4) For your security, never count your money at the ATM



Laughing out loudly Laughing out loudly Consider urself warned.. if you go back to the bank saying ATM ilitoa kidogo
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