Skip to main content

AIB refunds €8 million to ATM customers

Billing errors have caused Allied Irish Bank to rethink its ATM anti-fraud strategy

aib-bankcentre-dublin

Allied Irish Bank (AIB) has announced it will refund customers €8 million after mistakenly billing them for transactions that never took place. The bank will refund €5.1 million relating to 41,000 AIB customer transactions and €3.2 million relating to 30,000 non AIB Bank customers.

AIB has also had to rethink its ATM anti-fraud strategy. "Changes have been effected so it can't happen again," says

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Want to know what’s included in our free membership? Click here

Show password
Hide password

Emerging trends in op risk

Karen Man, partner and member of the global financial institutions leadership team at Baker McKenzie, discusses emerging op risks in the wake of the Covid‑19 pandemic, a rise in cyber attacks, concerns around conduct and culture, and the complexities of…

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here