2001 Opel Case

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Key Facts

Amount stolen DEM 2100
Number of Withdrawals 2
ATM Locations Munich, Germany
Issuing Bank Satander Bank
Acquiring Bank(s) Münchner Bank EG, Rotkreuzplatz
Card Type VISA Credit Card
Withdrawal time period 10 minutes
Days from theft to discovery 3 hours
Card theft involved Yes
Level of customer action Court
PIN Status Changed after Issue (unconfirmed)
Outcome Resolved. Court did not find in favour of Satander bank.

Case Details

  • Opel's wallet was stolen, and transactions appeared a few hours before he discovered the theft.
  • The bank initially refunded the sum, but a month later reinstated the debt.
  • Opel went to court in late 2001 and lost.
  • A recent appeal also failed.
  • Opel has site describing his experiences http://www.kreditkartendiebe.de/.