Reliance Jio is going to shut down its payment bank service Geo Money. The company is giving its information to all the customers via the message. After the service is closed, the customers of Geo cannot transfer money from mobile wallet to the bank. Official sources of Geo say that this move has been raised after the RBI's new guidelines. This guideline will apply not only to live but also to all companies If you have money in your wallet then transfer it to any bank in the recent past before the 27th of February. If you do not do this by February 27, then your money will not be transferred to the bank and the wallet will also be closed. Customers who transfer money to the bank till this date, do not have to pay any additional charges. The money must be transferred from the wallet to the bank at one go. According to Geo's official sources, the other features of Geo Money will continue to work as before. The application is not closing. If you like this post plz sh...