Torgeek
Call the bank's fraud division…now! Once you contact the bank or credit union, it usually has 10 days to investigate your claim. It has another 3 days to let you know of the results. They have a total of 45 days to complete the investigation.
- What to do if money is stolen from the bank?
- What happens if money is taken from my bank account?
- How long does a bank have to refund stolen money?
What to do if money is stolen from the bank?
Notify your bank immediately. For more details, give a missed call on 14440. If someone has fraudulently withdrawn money from your bank account, inform your bank immediately. When you notify the bank, remember to take acknowledgement from your bank.
What happens if money is taken from my bank account?
At the latest, you must notify your bank within 60 days after your bank or credit union sends your statement showing the unauthorized transaction. If you wait longer, you could have to pay the full amount of any transactions that occurred after the 60-day period and before you notify your bank.
How long does a bank have to refund stolen money?
If I have fraud on my account, how quickly will you give me a provisional credit for the money stolen? (Banks have up to 10 days, under the law.)
