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Published byElmer Harvey Modified over 8 years ago
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If a checkbook, ATM, and/or debit card becomes lost or stolen Immediately report it to the financial institution File a report with the police Reported lost/stolen checkbook: Financial institutions generally do not hold the account holder liable for any fraudulent charges Checking Account Safety
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Within 2 business days Cardholder is only liable for $50.00 Longer than 2 business days Could be liable for up to $500.00 Varies depending upon the financial institution May not charge the account holder anything if the correct steps were taken to report the lost/stolen card Report lost/stolen ATM/debit card:
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Ability to maintain your bank account by accessing the account online Anyone with an account at a bank is eligible There are no fees associated What is online banking?
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Access world wide from any computer Transfer money Payment of bills Check Balance Simple and Easy to use Advantages
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Cannot make deposits Bank security could be “hacked” into Reimbursed if you do lose money No internet service means no access to your account Initial setup can take longer Disadvantages
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