Malaysia: Citibank launches card protection service
Citibank launched the Card Protection that offers its cardholders a convenient global card protection and assistance service. The first such service in Malaysia, Citibank credit cardholders who lose their wallets can now cancel their credit, debit or ATM cards, including those issued by other banks, with just a single phone call.
Besides the 24-hour card loss reporting service, Card Protection also provides cardholders cover of up to RM4,400 against the fraudulent use of their credit cards before the loss is discovered and up to a total sum of RM300,000 once the loss has been reported.
–www.theasianbanker.com (July 31 2006)–