Bank of Guyana Governor Gobind Ganga will be meeting with Republic Bank (Guyana) Limited today and he says it has to refund for all fraudulent activity on its Visa International Debit Cards.
Speaking with Stabroek News yesterday Ganga said reports of the bank only paying customers for fraudulent purchases made within three months of a report are “unacceptable”.
“That is unacceptable if there is fraud it doesn’t matter how long that fraud is dated back. Republic Bank or any bank will have to ensure that the customer receives their appropriate refund,” he said in response to questions on the issue.
