What consumer protections exist for online banking fraud in Australia?

Can you explain the legal protections available to consumers in Australia who fall victim to online banking fraud?

Category: Banking & Finance
Location: Aguas Buenas

Answers

Australian law provides consumer protections under the ePayments Code, which requires banks to reimburse customers for unauthorized transactions in many cases.

10 months ago

Consumers can also seek recourse through the Australian Financial Complaints Authority (AFCA) if they experience online banking fraud.

10 months ago

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