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So who ends up footing the bill? Does the bank just write it off as a cost of doing business? Also aren't financial transactions reversible among banks?
by supster 12y ago
So who ends up footing the bill? Does the bank just write it off as a cost of doing business? Also aren't financial transactions reversible among banks?
- vitd 12y ago> Also aren't financial transactions reversible among banks? Maybe, but when they steal from ATMs, there's no other bank involved in that transaction.
- sumedh 12y agoThis looks the money was stolen from the bank's own account not their customers. Pretty sure that they just write if off and call it day.