[Fraud] Someone in Bangkok Emptied out my checking account

getting money back for debit card transactions is a b****.

 

It'll take a few days at least to go through their fraud division. I had a similar thing happen with my Wells Fargo acct. I had the money back within a week and they covered any overdraft fees. There is nothing they can do until the transaction posts.

 

My girl had something similar happen a few weeks ago. Luckily her account wasn't drained, but there was about $400 in charges made in Canada. The bank said she had to wait for the charges to clear, then after that she had to get a police report, and then they would be able to refund the charges. It took about a week for them to clear, and after filing a police report her money was back that same night. I think thats BS. Banks should refund you and do the investigation themselves.

 

what is a non-bank atm?

edit: never mind, i thought you were talking about a debit card...

 

My BoA debit card was stolen a couple of months ago. When I called to report it stolen, the rep hung up on me because I asked to speak to her supervisor. I argued that it was idiotic to allow fraudulent transactions to be processed before allowing customers to file a claim. I emptied out my account before anything could be taken out. Fortunately there were no fraudulent charges (they told me someone had used it at a gas station) and once I got my new ATM card I put my money back in. It is a lengthy process to get your money back for debit cards. Credit card companies instantaneoulsy give you credit.

 

Another reason to use credit cards.

 

When living in London our checking account got emptied. I called Chase and they said 'you're in Spain and you just withdrew the money.' I said 'no, I'm in England and I've never been to Spain.' They said 'It shows that the person withdrawing the money has the card.' I said 'I don't think so since I'm staring at the card right now.' After a few more choice words on my part they made a note and reimbursed the money, but it took a couple of days.

 

I had the same result. Filed a police report and got the money back in a week or two. I didn't have a problem with it. Hell, at least I got my money back.

 

All the lady could say was "sir you will get your money back and they can't take anything more out cause your card is now cancelled." I was like "what will I do with $0 in my account for the 2-3 weeks it takes to go through the dispute process?"

 

Is anyone else surprised that this many people have had their checking accounts cleaned out?

 

FYI reason for requiring a police report is just to try and hinder people from having their friends "steal" their card. Not that a police report can prevent something like that, but it is more as a mental hinderance.

 

You should not put much money in your checking account other than maybe just monthly deposit from your paycheck. No more than one month pay shoud be in your checking at anytime. put money in money market or saving account that is tied to the checking account.

 

Debit cards, how quaint.

 

It is?

I'll be right back.

 

I guess kidneys aren't the only thing to check after a wild night in Bangkok.

 

You sir, got bangkok'd.