Do i need to check my credit card card trade or transaction?Was I responsible for the credit transaction after I found my credit card was lost or stolen?Well, undoubtedly the answer is Yes. Make a regular practice to always check your credit card balance,and recent transactions you made for any purchase to make sure there is no any unknown or fraud transaction being made by your credit card . Spend some time to examine your monthly credit card billing information for any discrepancy.It is very important and checking your monthly credit card billing was the most effective way to trace back if something goes wrong with your credit card transaction.

You should always take preventive action to avoid stolen card. By doing so, you will not be responsible for any applicable trade or transaction made after you report the loss of your credit card to your credit card company, whether verbally or by paper. However, for oral reports, some banks may require you to propose official writing using their forms and policy reports to them. Conversely, if applicable trade or transaction made without a proper report, you may be responsible for that certain amount, depending on the requirements provided by your credit card company.

You should notify your credit company or bank as soon as possible if there is any error on your monthly credit card bill or possible fraud trade/transaction being made involving your credit card PIN number.For more details explanations you may refer to your credit card bank or company brochure you are using or direct to the Bank Negara Malaysia through their website www.bnm.gov.my or contact no. In addition, you also can go contact Banking Bureau for more information.

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