Cryptocurrency Q&A
Will the bank refund money if scammed?
Will the bank refund money if scammed?
CryptoEmpire
Mon Dec 16 2024
|
6 answers
1319
I got scammed and lost some money. I'm wondering if the bank will refund me the money I lost due to this scam.
6 answers
Eleonora
Wed Dec 18 2024
The likelihood of a bank refunding money lost to a scam varies widely based on the institution's policies.
Was this helpful?
378
76
Nicolo
Wed Dec 18 2024
Banks often have a responsibility to reimburse customers for funds lost due to fraudulent activities.
Was this helpful?
360
72
Tommaso
Wed Dec 18 2024
However, this obligation can be voided if the customer is deemed to have been negligent in protecting their personal information or fell prey to the scam due to their own actions.
Was this helpful?
328
98
DigitalDukedom
Tue Dec 17 2024
Some banks may be more generous in providing refunds, while others may be more stringent in enforcing their rules.
Was this helpful?
113
85
Valentina
Tue Dec 17 2024
The type of scam also plays a role in whether a bank will offer a refund.
Was this helpful?
98
21
Load 5 more related questions
