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Tourists, locals, monks and nuns form long queues at ATMS, banks,/ENG

2016. november 11./Phayul.com/TibetPress

eredeti cikk

By Tenzin Monlam

DHARAMSHALA, November 11: Long queues of people including tourists, monks, nuns, lay Tibetans, local Indians outside ATMs and banks were a common sight in this sleepy tourist destination today, 3 days after Prime Minister Modi announced demonetization of 500 and 1000 currency notes.

After being in the queue from eight in the morning yet only managing to withdraw her money around noon, Deri, a 50-year old Tibetan woman, said, “I was here from eight in the morning. There are very few counters to attend everybody but I managed to withdraw after a long wait. It is really crowed inside the bank.”

Tourists and backpackers seem to be having difficult time as they neither have bank accounts to deposit their old cash nor can withdraw from ATMs, most of which were either out of cash or had long queues. “It is a pity it takes so much time. I have not had breakfast because they would not accept these notes. I don’t have a bank account here,” said Timothy from the US.

An individual is required to fill up a form and present a government issued ID to get 4000 Rupees in old notes exchanged with new ones. “I don’t know much about bank works. Luckily I got help in getting my form filled. The rush is bad and the waiting period is very long,” Kyizom, a 70-year old Tibetan said.

However, sighs and frustration from the wait has been a common sight across the hill station, which according to Kunsang Dorjee, Financial Service Consultant at ICICI Bank, would take at least a week to return to normalcy. “We have started to dispense the new 2000 rupee note from afternoon but we are yet to receive the 500 rupee notes as of now. Since it is only 4,000 rupee per person per day, we are expecting the rush over to remain at least for a week,” he said.

To cope with the overwhelming rush, the government has ordered banks to remain on weekends and do extended shifts.

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