California Introduces Restrictions on ATM Transactions to Curb Scammers

deltin33 2025-11-13 04:39:05 views 452
In a significant move to combat ATM scams, California has recently implemented new limits on ATM transactions.

Local authorities have noted a surge in fraudulent activities at ATMs across the state, prompting the introduction of stricter regulations.

Under the new law, banks and financial institutions are required to impose a daily maximum on the number of transactions that can be made at an ATM.

This measure aims to prevent scammers from conducting multiple withdrawals in a short period, thereby reducing the risk of financial loss.

While the change might seem inconvenient to some users, it is viewed as a necessary step towards securing their hard-earned money.
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