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What is meant by off-us transaction in banking domain?

Updated: 9/18/2023

Wiki User

∙ 12y ago

Best Answer

off-us txn means that the bank that issue your card is the different as the one which owns the ATM or POS terminals on which you made txn

Suppose a customer has an account in SBI bank and has a debit /card from SBI bank. If the customer uses the SBI card in the ICICI ATM then it is said to be 'OFF-US' Transaction

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∙ 12y ago

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