Bank wont stop unauthorised payment??

DeeMarie89

dunstonh wrote: »

I had a couple of fraudulent transactions on a debit card last year and Lloyds refunded them the same day, cancelled the card and got me a new one out a few days later.

If you have managed to have fraudulent transactions from 4 banks then chances are the banks are doubting you if they are making you wait. You have to be culpable in some way to have that many fraudulent transactions.

Culpable? Not really. The cash machine I frequented had a skimming device, anD over about a month I used my Lloyds, Natwest and RBS cards in it, not knowing. The following month myself, and a lot of my neighbours, found ourselves to be victim to fraud. The bank which sorted it fastest was my husbands bank, Santander

dunstonh wrote: »

If they only have an earmark and the transaction hasnt arrived, then how do they know its dodgy or not? For all they know the retailer may have typed a transaction in error and corrected it themselves.

And this is why I believe that the bank should know where it's going. If £500 has been paid to a shop I have never visited, then it's not going to be a retailer error from somewhere I've been

dunstonh wrote: »

Why does it bother you? Did it bother you when you wrote a cheque out in the past and the bank didnt know the payee until it arrived? If someone got hold of your cheque book and started issuing cheques, the bank wouldnt know until they arrived back at the branch. So, why should a debit card be any different?

I've never had a cheque book, so it's a bit of a moot point. But it's a case of the funds being earmarked for days, which can be particularly irritating if you've got bills to pay and mouths to feed, and all your money is earmarked.