ibq credit card fraud

deept
By deept

i have IBQ credit card. last April i fund my credit card is used in India by someone for 3000 QR. i have the card with me. i told the bank to investigate. they ask me to give a copy of the passport. after few weeks they are telling the transactions are real and i have to pay. how can i do transactions in india while i am in Doha. where can i go to recover my money next if the bank lies?

By Mandilulur• 5 Jun 2009 14:58
Rating: 4/5
Mandilulur

The answer is that you could easily have a transaction in India while you are in Qatar - by phone or internet order. That's the beauty of credit cards for long-distance purchases. You will have the read the "fradulent charges" fine print on your card's statements. The ones I have protect me from any more than $50 if I dispute the charges. If I notify the credit card company within three days I'm not even liable for that amount. Believe me, credit card companies have teams of lawyers to make sure what they do is legal according to the fine print and the laws of the country in which they are chartered.

By _noms_• 5 Jun 2009 14:10
_noms_

my friend, banks are crooks in suit..!! you will hve to fight...get a strong explaination from the bank, that how was it used in india, & why wasnt there any confirmation asked before the credit card was used in another country.

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