Better compensation for scam victims from banks

Better compensation for scam victims from banks

Banks are putting in better compensation for scam victims.

Better Compensation For Scam Victims

The updated Code, which outlines the new approach to scam protection and compensation, comes into force on 30 November 2025. This is to allow the banks time to get all the protections in place.

Now Deutsche Bank is going into the charm offensive, wanting to easily compensate customers after the millions of dollars of the locker system in Lübeck.

Metro Bank Partners with Victim Support

Metro Bank is partnering with the charity Victim Support to provide an independent support service for its customers who have been a victim of fraud. Victim Support’s team of dedicated fraud case workers offer free, confidential and personalised support to help victims manage the impact of the fraud and help to ensure they feel more able to spot fraud in the future. Any Metro Bank customer experiencing any type of fraud will have access to addit…

Minister hails 'important win for bank customers'

NZ banks stepping up moves to protect customers from scams with reimbursement for victims of up to $500k, but warn they can't take on full liability for scam losses beyond their control

With Deutsche Bank, the next bank branch leaves Bad Oldesloe. Postbank, too, had recently broken down its warehouse, creating the next vacancy in the city centre.