1. Dealing with Internet Banking Fraud
Posted by admin On December 10, 2009 6:16 AM
The best way to deal with Internet banking fraud is to be proactive or practical. The worse thing to come
about to the victims of such frauds is their banks and credit unions refusing to make available information to
them. Things can really be very difficult especially for those who are not computer savvy. Still, following these
simple proactive steps can help you deal with banking frauds effectively.
Change The Password And Personally Visit Your Bank
The moment you log into your online bank account and see that a fraud has occurred, the first thing that you should do is
change your password. Give a phone call to your bank and inform them about the Internet banking fraud. It is even better if
you personally visit the bank or credit union.
Explain The Fraud
While you are talking to the bank representative, you will have to explain the fraud. However, just verbal explanation is not
going to do any good. You had better ask for the dispute form and fill out the same. For every fraudulent transaction that
has taken place on your Internet banking account, you should submit a separate dispute form. Do not forget to keep a copy
of these forms with you.
Make A Request To Deactivate Your Account
Withdraw all of your money from your account and place a request to the bank to freeze your banking account. Now, you can
either take your business to a different bank or open a brand new account in the same bank to safe and sound deposit your money.
Ask The Bank To Send An Email To You
For better or enhanced protection, you are strongly recommended to ask the bank representative to send you an email,
explaining all the actions they have taken against the banking fraud that occurred in your account. The electronic mail must
consist of a tracking number so that you can follow up the course of action through phone, electronic mail, or Internet.
Get Email Access To The eBanking Manager
The information technology department in the United States of America is commonly referred to as eBanking Department.
Make sure or ensure that the bank representative gives a phone call to this department and tell them about the Internet
banking fraud you have faced. For better protection, you should also ask the representative to send an email to that IT department
with all the details about the fraud and send a copy to your email address as well. This way, you get access to both the phone number
as well as the email address of the Internet banking manager.
Do not just sit back after submitting your dispute forms. If you would like your money to return fast, you must keep a track of the
progress. Since you have the phone number and email address of the Internet banking manager, you can call them directly. They will
give you the true picture of progress on your case. Your bank representative will only give you assurance, not accurate or correct
information about the entire or whole developments. In consequence, just by being a little proactive, you can effectively deal with
online banking fraud and get back your money quickly and speedily.
Disclaimer: This entry / entries are for sole purpose of entertainment . It is not meant to give any sort of advice / advise . We makes
no representations as to accuracy, completeness, correctness, suitability, or validity of any information on this site and will not be
liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. All
information is provided on an as-is basis. Please use at your own risk . Some of the links mentioned within this post or posts may lead
to our own sites and or affiliate links . In such case we will get compensated for recommending those products. However, we will
never recommend something that we don`t personally believe in and we welcome your questions and feedback.
http://blog.royaltyuniverse.com/dealing-with-internet-banking-fraud/