AIB refunds €8 million to ATM customers

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 one source. "The control measure now is proactive in ensuring the banks' customers can be refunded

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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

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: