A friend of mine had her purse stolen out of her car, and her ATM card was used and $1800 in cash was withdrawn from her checking account (she had her PIN as her birthday)... She reported the card stolen, but the bank said that she would be getting an affadavit to fill out... Do banks usually credit your account for fraudulent transactions when a PIN is used? Any experiences welcome.
Depends, because it was reported fast, I am sure they will check it out and be able to find out who was using it. So, in that case if it wasn't her, she should. I see in the last couple months you had your card stolen, your friend had a car stolen and someone else had a bunch of cards taken. Maybe everyone needs to keep a hold of their purses and wallets and keep the keys in them.
The ATM's have cameras But getting the cash back is a long drawn out procedure if it was directly withdrawn.
my story... I had a Greyhound layover in Cleveland and I had a panhandler show me where an ATM was so I could get some cash. I took out the last $30 or so in my bank account. I went to a coffee shop in the same hotel lobby so I could make change to tip the panhandler, but I was in such a rush to do it I left my ATM card in the machine. Did the lousy thieving SOB that showed me where the ATM was want another transaction? Of course he did. He took $200 out of my empty account. Then he had the nerve to follow me to the coffee shop to get his tip, too! The $200 went on my overdraft protection. I found out about it several days later when I got home from my trip and couldn't find my card. I filed a fraud report with my bank and they investigated. The ATM I had used did not have a camera so they had no evidence of what happened either way. They credited my account for the fraudulent withdrawal. All I got stuck with was the cash advance fee for the overdraft protection on my credit card. The fraud report with your bank should take care of things. Police report is also a good idea. Myself, I'd like to campaign for ATMs to require PIN re-entry for each transaction, and I'm also a big proponent of "swipe through" ATMs so your card never has to leave your hand. -ingenue
