There's an ATM Crime Wave? Who Knew
Bob Sullivan writes on The Red Tape Chronicles:
Citibank is using the rather blunt instrument of lowering some customers’ daily ATM cash withdrawal limits to fight a recent spate of cash machine fraud. The company said Thursday that the change impacts "a small population of customers" in New York City, but would not provide additional details.More here.
It's not clear how much daily withdrawal limits were lowered, but the New York Daily News spoke with one consumer who said her limit had been cut in half.
"Though we can't provide details of ongoing security investigations, we are working closely with law enforcement on this matter," Citibank said in a statement to msnbc.com. "We continue to monitor our customer accounts for suspicious transactions and encourage customers who notice suspicious activity to call our customer service unit at the number on the back of their ATM cards."
3 Comments:
This is really appreciated .. I think this will really make this process more protected !
I really like the way that the banks are really working ahead to make their customers feel good and safe !
uk employment law solicitors -
that's funny, but you forgot the sarcasm HTML terminator (which blogger.com won't let me actually post, AFAIK).
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