Banks are obliged to check transactions

A man who failed to properly secure his bank card and PIN number and then took several days to report the card’s loss has won a case against his bank after it refused reimbursement for frauds carried out.

Connexion journalist

Published Wednesday 16 August 2017 - 12:01 Modified Wednesday 16 August 2017 - 12:01

Banks were reminded they had an obligation to check all transactions as the Cour de Cassation appeal court upheld the client’s claim.

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Banks are obliged to check transactions

A man who failed to properly secure his bank card and PIN number and then took several days to report the card’s loss has won a case against his bank after it refused reimbursement for frauds carried out.

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