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How long does it take to resolve a fraudulent charge dispute?

Curious about Fraudulent charges

How long does it take to resolve a fraudulent charge dispute?

The time it takes to resolve a fraudulent charge dispute can vary depending on the complexity of the case and the policies of the bank or credit card issuer involved. In India, the Reserve Bank of India (RBI) has set guidelines for banks and financial institutions to resolve complaints within a fixed time frame. According to these guidelines, banks are required to acknowledge complaints within 3 working days and resolve them within 90 days. However, the actual time it takes to resolve a dispute can vary depending on the circumstances of the case. It is important to follow up with the bank or credit card issuer regularly to ensure that the dispute is being handled in a timely manner.

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