How to Get a Refund for Unauthorized Bank Transactions
Learn how to efficiently get a refund for unauthorized transactions with your bank.
270 views
Yes, most banks will refund an unauthorized transaction. However, you must report it within a specific timeframe, typically 60 days. Immediately contact your bank's customer service, provide details of the transaction, and fill out any required dispute forms. Prompt action is crucial to ensure the best chance of a refund. Always monitor your statements regularly to catch any unauthorized transactions as soon as they occur.
FAQs & Answers
- What should I do if I find an unauthorized charge on my bank statement? Immediately contact your bank's customer service to report the charge and follow their dispute process.
- How long do I have to report unauthorized transactions? Typically, you need to report unauthorized transactions within 60 days of noticing them.
- Will my bank automatically refund unauthorized transactions? Most banks will refund unauthorized transactions once reported, provided you follow the necessary steps.