Expat Community > Ecuador

crowdpub
Joined 2010
Posts: 726

Cloning ATM crimes Ecuador

13 years ago

The cloning or skimming issues at ATM's continue to be a security problem for banks in Ecuador. Some measures are being introduced to combat this including biometrics.

However, beware if you are a bank customer in Ecuador and are victimized - Think the bank will make good on your losses if the criminal clone your information from an ATM - think again. At the current time each cases is handled individually and the banking association has not provided any firm agreement with prosecutors as to returning funds to a victim - they did state in a recent article that it would not be 100%.
http://latinamericacurrentevents.com/ecuador-atm-cloning-continues-security-challenge/

There is very little protection for consumers in Ecuador. Try returning an item - It is rarely done successfully. The customer service generally extends up to the point you exchange money - then after - well buyer beware. Famous Ecuadorian phrase :
No se, no es mi culpa
I don't know and it is not my fault.

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