Wednesday, January 6, 2010

Debit Fraud How Long Does It Take For The Bank To Recover Funds From Debit Card Fraud?

How long does it take for the bank to recover funds from debit card fraud? - debit fraud

I have $ 330 in unauthorized transactions morning with my Visa credit card today .. I informed the bank and put a dispute .. They said they back the money, but you do not know when.

Has anyone any idea how long it takes to be credited to your account? I have $ 9 in cash for the next 10 days

2 comments:

Rainfly4... said...

It really depends on bank policy.

where I work, which will give you the credits for "preliminary" in ten days. However, the search can be up to twenty days. After completion invesigation sent a letter indicating whether they are no longer available as a fraudulent or not. If they are, then you can always have the resources. If you find that it is a legitimate business, then deducted from the fund.

If you use the money that is used your account overdrawn. So, before the initiation of proceedings .. ensure that it is not you, or you break the rules, not somewhere .. That means someone your card or PIN.

Sharon T said...

That is why debit cards are so vulnerable. Get a credit card and use it to maturity. Otherwise, write a check or pay in cash.

I hope it turns around quickly for you, but would with a credit card almost immediately.

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