The issuer will accept the charges if you are calling from abroad. If you travel abroad, you may want to call your card issuer and ask for a number where you can call them collect.
Having these #'s in a file can help you in the event your card becomes compromised. This is generally the lost/stolen department and most of the larger banks are open 24/7/365 for lost/stolen reporting. NEVER give your PIN to anyone, it can come back to get you, especially now that cardless PIN-based transactions are widely becoming more popular.įWIW, you may want to record the numbers on the back of each of your credit cards. Although, in the case of PIN-based ATM fraud, you generally must notify within 2 days, or your liability increases exponentially. "timely fashion is generally no later than 60 days from the date the first statement was sent that contained fraudulent charges". It matters only how the transactions were processed and how quickly you notified the institution. It has nothing to do with the # of times this happened to you. Limits a consumer's liability for unauthorized electronic fund transfers, such as those arising from loss or theft of an access device, to $50 if the consumer fails to notify the depository institution in a timely fashion, the amount may be $500 or unlimited. Section 205.6 Liability of consumer for unauthorized transfers It worked out ok for me this time, but get victimized twice and I bet it's a whole 'nother story.Įlectronic Funds Transfer Act, aka Federal Bank Regulation E This tells me that they can at any point say its my fault for any number of reasons such as using my card on the internet etc. It has a notation that your refund was less any personal liability I may have in the process of the fraud (as provided by the electronic fund transfer act).
Some of the verbiage in the conclusion letter they send is sort of disconcerting.