# Check these 7 bank transactions now or risk losing money 2026-09-23T15:46:47+00:00 | Governance | Indian Opinion Desk Corroboration: 1 independent outlet NDTV has listed seven types of bank transactions that customers should check immediately to avoid financial loss. These include failed transactions where money is debited but not credited, unfamiliar debits from unknown merchants, and multiple charges for the same service. The list also covers transactions that show as pending for unusually long periods, automatic renewals or subscriptions the customer did not authorise, small test transactions that could indicate fraud, and transactions that appear with wrong amounts or dates. The advisory stresses that not every failed or unfamiliar transaction means money is lost, but ignoring it can delay correction. Customers are advised to report discrepancies to their bank's customer service or dispute resolution portal as soon as they notice them. Banks are required under RBI guidelines to resolve failed transactions within a specified time frame, failing which customers may be entitled to compensation. ## Indian Opinion Analysis The RBI's master circular on limiting customer liability, issued in 2017, makes banks liable for unauthorised transactions if the customer reports them within three working days. After that, liability shifts partly to the customer unless negligence by the bank is proved. The seven red flags highlighted here mirror the most common complaints that the Banking Ombudsman handles: failed UPI payments, wrong debits from dormant accounts, and subscription traps. What is at stake is not just the immediate amount but also the pattern: fraudsters often test with small sums before a larger hit. Customers should note that for failed UPI or NEFT transactions, the bank must credit the amount back within one hour of reporting, or else pay Rs 100 per day of delay as per RBI rules. ## Coverage - ndtv.com Tags: Banking Ombudsman, RBI, UPI Canonical: https://indianopinion.org/check-these-7-bank-transactions-now-or-risk-losing-money/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/check-these-7-bank-transactions-now-or-risk-losing-money/#story-in-brief