Lost your Credit Card
>From : directes
says.com.
Your credit card is
stolen. You place a phone call to the number provided in your
tourist guide or in the local daily press. You provide your
details and you cancel your card. You block it. In a few
minutes, it should be transferred to the stop-list available to
the authorization centres worldwide. From that moment on, no
thief will be able to fraudulently use your card. You can sigh
in relief. The danger is over. It is definitely not. To
understand why, we should first review the intricate procedure
involved. In principle, the best and safest thing to do is call
the authorization centre of the bank that issued your card (the
issuer bank). Calling the number published in the media is
second best because it connects the cardholder to a "volunteer"
bank, which caters for the needs of all the issuers of a given
card. Some service organizations (such as IAPA - the
International Air Passengers Association) provide a similar
service. The "catering bank" accepts the call, notes down the
details of the cardholder and prepares a fax containing the
instruction to cancel the card. The cancellation fax is then
sent on to the issuing bank.