Torgeek
Bank are required to reimburse you for fraudulent transactions, with the maximum amount of liability capped at $50 if the theft is reported promptly — within two days of the customer's noticing the unauthorized transaction — and $500 if it's not (there are nuances to this; read more here).
- Will the bank refund stolen money?
- Can someone steal money from my bank account with my account number?
Will the bank refund stolen money?
Your bank should refund any money stolen from you as a result of fraud and identity theft.
Can someone steal money from my bank account with my account number?
But if scammers gain access to your bank account number, they can use it for fraudulent ACH transfers or payments. For example, scammers could use your bank account details to buy products online. Or worse, they could trick you into sending them money that you'll never be able to get back.
