Do banks refund money if scammed?
In Nigeria, if you accidentally send money to the wrong account, you must report it immediately to your bank. The bank will then contact the recipient's bank to request a refund. If the recipient refuses to return the funds, the bank can seek a court order to debit the account and reverse the transaction. For scam-related issues, regulations provided by the Central Bank of Nigeria emphasize prompt reporting to the bank to initiate the recovery process.
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