Revolut, are they really protecting you?

Ballard

I seem to be out on my own with this but I don’t see a huge problem with it. Revolut think that the payment is a scam and have done everything they can to warn the customer. They are then confirming to Revolut that they understand the concerns but with to proceed anyway.

if it’s a case of ticking a box to say that they understand the risks they could probably get away with later saying that they didn’t fully understand them. Going to the trouble of writing it down is a further step. How an ombudsman would treat it, I have no idea.

If I were asked to do this I’d be more than a little peeved but I would comply. 

I should point out that I’m not saying that the OP is being scammed, merely that the FI thinks so. 

GeoffTF

northwalesd said:

If a bank asked me to do that it would be my last dealing with them.

Is there any bank that does not do that nowadays, albeit with a less compelling graphic? I expect that you would end up debanking yourself.

born_again

https://www.psr.org.uk/news-and-updates/latest-news/news/psr-confirms-new-requirements-for-app-fraud-reimbursement/

Heard something on the radio that some of the companies are not ready for the October date & to get their fingers out, in effect.

northwalesd

GeoffTF said:

northwalesd said:

If a bank asked me to do that it would be my last dealing with them.

Is there any bank that does not do that nowadays, albeit with a less compelling graphic? I expect that you would end up debanking yourself.

I meant that specifically, so no I wouldn't.