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Wednesday, 20 April 2016 12:12

Wide Angle: Public Cause

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Public Cause: In modern days banking, any incidence in breach of Sanctity or Security within the banking ambience assumes importance as hard evidences are not created instantaneously. Because the Banks have shifted most of the Banking Transactions in the branches of their Banks to the virtual medium of electronics.

Every Branch of the Banks have the security features like - half opened entrance, security guards, CC TV and incidental presence of human beings - all will stand witnesses for any untoward happenings within the banking premises.

But, Debit Cards and Net Banking transactions have changed the way we bank. The transactions are executed in a virtual medium which does not have boundaries or witnesses.

A Fraudster can trespass into your Savings/Current banking account through Electronic medium and get away with the defrauded money easily. Because, the banks will conclude that the fraud was perpetrated due to the carelessness of the Customer.

The Banks will always shirk away from their responsibilities to investigate for any insiders involvement in the fraud. The Banks are refusing to recognise the fact that, if these Fraudsters are not identified and eliminated these fraudsters will remain as "live threats" to the sanctity of the Banking environment.

Sanitising the system:

The Banking Privacy Laws are presumed by Banks as Banking Piracy Laws, the Banks will not pursue our cases/help someone who pursue in public interest.

As such to restore the sanctity in the Banking ambience needs lot of efforts from the victims themselves so that, no one being victimised in future.

 

If as a victim, you want to pursue your case on a wider perspective we will guide you to our level best. Your efforts will contribute valuable information to this repository "Banking Awareness Campaign for Public Cause"

 

Read 810 times Last modified on Tuesday, 21 June 2016 19:10

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