Thursday, 9 October 2025

30% of bank transfer fraud claims are rejected

A year ago, new rules were introduced, requiring firms to reimburse victims of bank transfer fraud (when you accidentally transfer money to a scammer) within five business days in all but exceptional cases. The good news is that the reimbursement rates are relatively high, however 30% of claims were rejected in first nine months of the scheme.

Find out how it works and how to fight your corner if a claim gets rejected and you think you've been treated unfairly.


Source: Which? (08 Oct 2025)

https://bexleywatch.blogspot.com/2026/03/working-together-for-safer-bexley.html

Scams to watch out for right now

Stay in the know about scams that are currently targeting people across the UK. Our experts share real examples and telltale signs to look o...