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Guyana: Republic Bank says detects fraudulent online activity with its VISA ONECARD

Republic Bank (Guyana) Limited today said it has detected fraudulent online payment card activity and that affected customers will be reimbursed for amounts proven to have been illegally taken.

A press release from Republic Bank follows:

Republic Bank (Guyana) Limited advises that its monitoring systems have detected fraudulent online payment card activity at some global online merchants, and the Bank has identified cases where some customers’ cards were compromised, and their accounts debited. Unfortunately these attacks are quite common when there is online card usage.

The Bank wishes to assure customers that it continues to follow existing standard global practices for disputed international debit card transactions, and all affected customers will be reimbursed sums proven to have been fraudulently withdrawn. Customers who suspect fraudulent transactions to their accounts are therefore encouraged to contact their nearest branch to validate their transactions and initiate claims where necessary.

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