The Protection Index · 14 countriesReviewed June 2026

Does your bank have to refund a scam? It depends which country you're in.

We compared 14 countries on one question that decides most scam losses: if you were tricked into sending the money yourself, does the law make your bank give it back? The answer is starker than most people expect. Only one country mandates it. Almost everywhere else, banks refund the hack — not the con.

1
Mandate a refund (Strong)
1
Partial / case-by-case
12
Cover only unauthorised (Weak)
How we rank it. One factual axis: does the law force a refund for an authorised (deception) scam payment — what's known as APP fraud? Strong = mandated. Partial = some deception covered, or case-by-case. Weak = only unauthorised transactions covered. Tap any country for the detail, the reporting body, and our full guide.

Last reviewed June 2026. Laws and bank schemes change — always confirm with the linked authority or your bank before acting. This is general information, not legal advice.

How to claim a refund after a scam — in any country

The exact rights differ by country, but the order of operations is the same everywhere. Speed is the single biggest factor.

1Call your bank immediately. The moment you realise, phone your bank's fraud line and ask them to attempt a recall of the funds. The first hour is when a recall is most likely to succeed. If the payment was unauthorised (you didn't make it), say that clearly — it changes your rights.
2Dispute the card or funding source separately. If a card funded the payment — including a card linked to a payment app — the card chargeback process is separate from the bank's scam decision and is governed by different rules. Pursue both at once.
3Use your country's escalation route. If the bank refuses unfairly, escalate free of charge to the relevant ombudsman or regulator for your country (find yours in the table above) — for example the Financial Ombudsman Service in the UK, the FSPO in Ireland, AFCA in Australia, or the CFPB in the US.
4Report it to the authorities. File with the official reporting body for your country (linked per row above). It builds the case record even when an individual refund isn't guaranteed.
5Never pay a fee to 'recover' your money. No legitimate body charges an upfront fee to get your money back. Anyone who contacts you offering recovery for a fee is running the second scam.

The one distinction that decides everything

Unauthorised fraud — a stolen card, an account takeover, a payment you never made — is broadly refundable, usually with a small liability cap. Authorised fraud (APP fraud) — where a scammer manipulates you into sending the money yourself — is treated as a valid instruction, and in most countries isn't automatically refunded. The UK changed that in October 2024; most of the world hasn't. If you remember one thing: the word the bank applies to your payment, authorised or unauthorised, usually decides whether you ever see the money again.

Go deeper

The country-by-country detail behind this index:

Do banks refund scammed money? (US / general)Do Irish banks refund scam victims?Scammed in Europe — can you get it back?Recovery odds by payment methodWhere to report a scam (by country)

Common questions

Which countries make banks refund scam victims?

Of the 14 countries in this index, the United Kingdom is the only one that legally MANDATES reimbursement for authorised push-payment (APP) scams — money you were tricked into sending yourself — up to £85,000, under the PSR rule in force since 7 October 2024. The Netherlands is the lone 'partial': a voluntary banking scheme reimburses bank-impersonation (spoofing) fraud. Every other country covers only UNAUTHORISED transactions (where someone took your money without permission); a transfer you authorised under deception usually isn't refunded.

Does my bank have to refund a scam I authorised myself?

In almost every country, no. The dividing line is 'authorised' vs 'unauthorised.' If someone accessed your account or used your card without permission, that's unauthorised and your bank generally must refund it (often with a small liability cap like €50 or $50). But if you were deceived into approving the payment yourself, that counts as authorised — and outside the UK (and partially the Netherlands), no law forces the bank to give it back. That single word decides most scam-refund outcomes.

Why does the UK refund scams when other countries don't?

Since 7 October 2024 the UK's Payment Systems Regulator (PSR) has required banks to reimburse victims of authorised push-payment fraud, up to £85,000 per claim, with the cost split between the sending and receiving banks. No other country in this index has an equivalent mandatory rule yet — the EU's PSD2 still only covers unauthorised transactions, and proposals under PSD3/PSR would cover only narrow cases like bank-impersonation.

What's the difference between authorised and unauthorised fraud?

Unauthorised fraud is when a payment leaves your account without your permission — a stolen card, account takeover, or a transaction you never made; this is broadly refundable. Authorised fraud (also called APP fraud, or 'the con') is when a scammer manipulates you into sending the money yourself — a fake bank call, a romance scam, a bogus invoice. Because you pressed send, banks classify it as a valid instruction, and in most countries it is not automatically refunded.

How is the protection ranking decided?

It's built on a single factual axis: does the law force a refund for an authorised (deception) scam payment? 'Strong' means a mandate exists (the UK). 'Partial' means a scheme covers some deception or reimbursement is case-by-case (the Netherlands). 'Weak' means only unauthorised transactions are covered. We use tiers rather than invented scores, every row links the authority and our detailed country guide, and the data is reviewed periodically (last reviewed June 2026).

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