₦airaland Forum

A junior colleague of mine at RCCG in Abuja into POS withdrawal business had an ongoing case of phone robbery which he new nothing about and unfortunately for him a transfer was made from the said stolen phone to his POS account domiciled with Access bank which he paid cash to the withdrawer (cash given by one of his numerous employees at that time) as the case may be and the police are holding him responsible and Access bank using him as bait.

Commercial banks aren't doing enough to protect POS operators from such menace because the Police as we all know will not do the needful to unravel the case but will go for a shortcut to implicate the legally registered POS operator all to have a case solved and get the medal towards promotion in good time.

Banks and CBN should give access to POS operators to verify BVN biometrics for transfer withdrawals, infact for all withdrawals.
Access bank Plc and all other banks including CBN should please do the needful and protect POS operators. Do proper job on KYC before issuance of POS and have a law/regulation against account officers/bank officials who might collude to give hoodlums POS machines.

This case is currently at New Nyanaya NPF Area Hqs outskirts of Abuja (Nasarawa). The case is under the DPO there.

MODs please take this to front page to have it solve for my guy asap. Thanks

Access Bank?

The bank is part of the racket.

It's in your best interest to abandon the bank.

Take it from a victim.

Banks generally don't help victim of fraud catch the culprits at all.

Mide3367:
Banks generally don't help victim of fraud catch the culprits at all.

It is the account holder's responsibility to protect his account details. If the banks were to reverse every transaction on mere accusation of fraud, they would be inundated with all kinds of requests and subject to tonnes of litigations. Tell your POS friend to limit his business to ATM cards and not accept phone transfers...at least for any amount more than he's willing to pay back if it turns out to be fraudulent.

In fact, your duty to secure your account is spelled out in the fine print of practically every contract form you sign with your bank, from opening, to ATM renewal. Don't you read them?

You’re a victim of your own carelessness. You think your taunting is affecting the bank in anyway?

Golan007:
Access Bank?

The bank is part of the racket.

It's in your best interest to abandon the bank.

Take it from a victim.

RisenPhoenix1:
It is the account holder's responsibility to protect his account details. If the banks were to reverse every transaction on mere accusation of fraud, they would be inundated with all kinds of requests and subject to tonnes of litigations. Tell your POS friend to limit his business to ATM cards and not accept phone transfers...at least for any amount more than he's willing to pay back if it turns out to be fraudulent.

In fact, your duty to secure your account is spelled out in the fine print of practically every contract form you sign with your bank, from opening, to ATM renewal. Don't you read them?

Except now you pointed out, though have come across it, I never really took notice of it.

Regex:
Except now you pointed out, though have come across it, I never really took notice of it.

Most people never read policies before signing or don't pay attention. Both online and in hardcopy, they just look for the "I agree" button and press it, or find the dotted lines and sign robotically. I am not dissing anybody, it's their problem; but no one should now come online and blame others for their own lack of attention.

RisenPhoenix1:
Most people never read policies before signing or don't pay attention. Both online and in hardcopy, they just look for the "I agree" button and press it, or find the dotted lines and sign robotically. I am not dissing anybody, it's their problem; but no one should now come online and blame others for their own lack of attention.

True. I'll take correction and make sure I read before I accept. Thanks

RisenPhoenix1:
Most people never read policies before signing or don't pay attention. Both online and in hardcopy, they just look for the "I agree" button and press it, or find the dotted lines and sign robotically. I am not dissing anybody, it's their problem; but no one should now come online and blame others for their own lack of attention.

Because most policies are deliberately made to be soo long that you will be discouraged reading it but unfortunately, those long lines is where they hide their scams to hoodwink us later

emmaodet:
Because most policies are deliberately made to be soo long that you will be discouraged reading it but unfortunately, those long lines is where they hide their scams to hoodwink us later

Lol. If you believe that, then you should have more reasons to read and fish out the scams that they are using to 'hoodwink' you.

Actually, these are legal clauses they use to protect themselves from unreasonable client demands. They have to be comprehensive because wily corporate lawyers specialise in loopholes. That is why they are long.

RisenPhoenix1:
Lol. If you believe that, then you should have more reasons to read and fish out the scams that they are using to 'hoodwink' you.

Actually, these are legal clauses they use to protect themselves from unreasonable client demands. They have to be comprehensive because wily corporate lawyers specialise in loopholes. That is why they are long.

Wily corporate lawyers got me laughing.

RisenPhoenix1:
Lol. If you believe that, then you should have more reasons to read and fish out the scams that they are using to 'hoodwink' you.

Actually, these are legal clauses they use to protect themselves from unreasonable client demands. They have to be comprehensive because wily corporate lawyers specialise in loopholes. That is why they are long.

Ok oooo but in most case, do we really have a choice?
For example, if i want to install an app like facebook, they will give series of policies which if i don't like, it is as good as not installing the app despite the fact that i need it.
There is no option of ticking No or Yes in each statement, just agree or disagree and that is final.

emmaodet:
Ok oooo but in most case, do we really have a choice?
For example, if i want to install an app like facebook, they will give series of policies which if i don't like, it is as good as not installing the app despite the fact that i need it.
There is no option of ticking No or Yes in each statement, just agree or disagree and that is final.

Actually, you do have a choice. You are free not to use the app. Just walk away. But if you don't, and you accept their terms, you relinquish any right to complain about their service which you agreed to as is. It is assumed that you would have studied the weaknesses in the service and found ways to mitigate them as far as they can affect you.

Regex:
Wily corporate lawyers got me laughing.

Lol. Don't let me get started on corporate lawyers.

RisenPhoenix1:
Lol. Don't let me get started on corporate lawyers.

Those people are better than the devil in finding what to prosecute you with.

Regex:
Those people are better than the devil in finding what to prosecute you with.

No. That's litigators you're talking about. They're the ones who sue on the basis of loopholes. Corporate lawyers are the ones who create those long winded agreements. Their work is mostly to close loopholes and advise companies, not to prosecute. It's like the difference between black hat hackers and ethical hackers.

The problem is that they carry this attitude to their private lives. Don't ever marry or make friends with one.

RisenPhoenix1:
No. That's litigators you're talking about. They're the ones who sue on the basis of loopholes. Corporate lawyers are the ones who create those long winded agreements. Their work is mostly to close loopholes and advise companies, not to prosecute. It's like the difference between black hat hackers and ethical hackers.

The problem is that they carry this attitude to their private lives. Don't ever marry or make friends with one.

Even funnier...lol