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Banks to refund victims of scam

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Banks to refund victims of scam

Police stepping up their investigations

A Facebook user shows multiple fraudulent cash withdrawals, all for small amounts, appearing in her bank statement. She wrote on a Facebook page on Monday that more than 300 unusual withdrawals, amounting to 20,000 baht, were made. (Photo from Sharing Experience on Unaware Cash Withdrawal Facebook page)

Banks have confirmed they will pay back money to victims of unauthorised online withdrawals of cash debited via plastic bank cards after a spate of unauthorised online transactions.

Payong Srivanich, chairman of the Thai Bankers’ Association (TBA), said the TBA has concluded with all bank members that banks would pay back money to the victims of these cases…

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