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It’s a frustrating scenario; you go to an ATM to withdraw money or try to use your debit card to pay for something and discover that your bank has frozen your account. The good news is, it's fairly quick and easy to get this fixed.
This guide lists what steps to take to unlock your bank account, as well as outlines why it might have been locked in the first place. It's common to have your account locked if you're overseas and didn't tell your bank. You can also compare a range of travel debit cards in this guide that are convinient options for accessing your money overseas.
If you need to “unlock” your account, you’ll need to contact your bank as soon as possible. If your account has been locked because of a security issue, you might find the only way to do this is by phoning your bank’s emergency assistance or help line. If the banks thinks there's suspicious activity on your account, you might have trouble logging into Internet or mobile banking.
If you're overseas, you can make a reverse charges call from to find out what is going on and regain access to your account. Just remember that it’s a good idea to use a landline if possible, as overseas calls from mobiles can be ridiculously expensive. The contact details of some of Australia’s “Big Four” banks are listed below:
Bank | Phone Number | Working Hours |
---|---|---|
Commonwealth Bank | +61 2 9999 3283 | 24 hours a day, 7 days a week |
Westpac | +61 2 9293 9270 | 24 hours a day, 7 days a week |
ANZ | +61 3 9683 9999 | 24 hours a day, 7 days a week |
NAB | +61 3 8641 9121 | 24 hours a day, 7 days a week |
In the modern world of online banking, mobile payments, ATMs and PINs, banks need to be more vigilant than ever to protect their customers against fraud. Phishing, email scams, online hacking and good old-fashioned identity theft are just some of the risks banks must monitor and provide protection against.
As part of this protection, banks have systems in place to monitor customer accounts for any suspicious activity, such as a rarely-used credit card all of a sudden being used to rack up thousands of dollars of spending. Another telltale sign of suspicious account activity is when your Australian credit or debit card is, without warning, used to make a range of purchases overseas.
Have you ever received an email, letter or Internet banking message from your bank urging you to let them know if you’re going overseas? The reason banks send out these communiques is so that if foreign transactions start showing up on your account, they can be sure you haven’t been a victim of fraud, you’re just using your card to make purchases on your holiday.
Every Australian bank, credit union and building society will have a system in place for customers to notify them before heading overseas. The exact process varies from one bank to the next, but the easiest way to do so is typically to login to your Internet banking account. Alternatively, you could phone the bank directly or maybe inform the bank of your travel plans through its mobile banking app.
You can specify the countries you will be visiting and the travel dates, and you can also provide details of the best way for the bank to get in touch with you while overseas. You can log back into Internet banking at any time, even if you’re already overseas, to make changes to your travel plans.
Once your bank has been informed that you’re heading overseas, it will expect some overseas transactions and can also monitor your account more closely for signs of suspicious activity.
There are plenty of other useful money tips that can make things easier for you when travelling overseas:
Get today’s best Australian to US dollar exchange rates before you send money overseas.
Beat the banks, find the best exchange rates and avoid fees when you send money abroad from Australia.
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I met this guy a few weeks ago online and he is currently to be in Dubai. He had taken large containers with him from his business, stating to me he had paid all fees and taxes upfront. He informed me that he owes an additional$30,000.00 but his off sure bank has locked his account and is preventing him from transferring money from his account. Who can I report him to if this is suspicious
Hi Kay,
Thanks for getting in touch with Finder. I hope all is well with you. :)
It would be a good idea to be cautious when dealing with people on the internet. If you want to report an online scam or suspicious online activities, you may want to get in touch with ACCC, Australian Federal Police, or to the Australian Cybercrime Online Reporting Network.
I hope this helps. Should you have further questions, please don’t hesitate to reach out again.
Have a wonderful day!
Cheers,
Joshua