Depositors seek end to ATM ‘decline fee’ Top Searches Depositors seek end to ATM ‘decline fee’ Mayur Shetty / TNN / Updated: Jan 25, 2021, 16:38 IST FacebookTwitterLinkedinEMail (Representative image) MUMBAI: The All India Bank Depositors’ Association of India in their pre-policy meeting with RBI governor Shaktikanta Das have asked for the withdrawal of an “unjust” ‘transaction decline charge’ on debit cards. Each time a person without adequate balance in his/her account tries to withdraw cash from an ATM or uses debit cards to make a payment, the bank penalises him/her Rs 25 plus GST as ‘transaction decline’ charge. This can be termed as the digital version of a charge for bouncing a cheque.