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What should I do in case of a suspected fraud on my account?

Asked 5 months ago
In the event of suspected fraud on an account with National Bank of Canada, it is essential to act quickly to mitigate any potential damage. First, the account holder should review all account transactions to identify any unauthorized activities. It is important to keep a record of the transactions in question, as this information will be vital for any follow-up actions. Next, the individual should consider taking immediate steps to secure their account. This may include changing their online banking password and enabling any additional security features available through the bank, such as two-factor authentication. While it is not recommended to contact National Bank of Canada directly, individuals can look for contact information on the bank's official website to report any suspicious activity. The bank typically has dedicated departments for handling fraud cases, and they will provide guidance on what steps to take next. This could include freezing the account or initiating an investigation into the fraudulent activity. Lastly, it is advisable to monitor the account closely for any further unauthorized transactions after reporting the fraud. Additional preventive measures may include setting up alerts for transactions and keeping personal information secure. Taking these actions promptly can help in resolving the situation and protecting the individual's financial well-being.
Answered Jul 19th 2025

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