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The credit card loan is transferred to a wrong account. What to do?

Dear sir/madam,

My credit card loan was transferred to a wrong account. The person is not willing to pay it back.

Is there any chance to get back the money?

Kindly advise me!

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Khalifa Bin Huwaidan Advocates & Legal Consultants
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29 Sep 2022, 07:09

Hi,

In such a case, you must inform your bank immediately about what happened.

You may call the customer care center. Make a note of the transaction's date and time, as well as your account number and the account to which the funds were mistakenly transferred.

It is advised to file a police report of the incident, and maybe visit the bank in person with a letter of what happened and request for retrieval of money.

29 Sep 2022, 07:11

If this does not work, book a consultation meeting with us (AED 2,000) and we can discuss possible steps to be taken.

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Laila Hamza Al Mulla Advocates and Legal Consultants
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29 Sep 2022, 08:17

Dear questioner,

Only you have to try with the person and the bank.

29 Sep 2022, 08:18

You can take legal action if the amount is big, because of the legal fees.

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Shamsa Albedwawi Advocates & Legal Consultants
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29 Sep 2022, 10:48

Dear questioner,

Did it happen due to the bank's error?

If yes, then you need to put a complaint and ask them to refund it to your account.

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Mohamed Bakheet Advocates & Legal Consultants
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29 Sep 2022, 12:33

Dear questioner,

You can submit a notification to the bank and then resort to the police in case of non-response.

For more assistance, please contact us via WhatsApp.

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Dar Al Haqooq Legal Consultancy
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4 Oct 2022, 08:56

Dear Client

Hope you are doing well.

I would definitely assist you in this situation.

Firstly, you should raise a dispute with the concerned bank. After that, if the issue is not resolved, you can choose a legal route.

For any legal assistance, you can call or email us. We have an extensive team of knowledgeable and experienced lawyers to provide the legal assistance you need.

We will definitely be happy to help you.

Thanks & Regards

ABDUL WAHIED

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