Question

Which of the following statements is TRUE? If there is a mistake on one of your bank accounts, there is nothing you can do about it. If there is a mistake on one of your bank accounts, you should wait 30 days as these issues tend to resolve themselves. If there is a mistake on your bank account, you should contact your financial institution immediately. None of the above.

Answer 1

This statement is true.

If there is a mistake on your bank account, you should contact your financial institution immediately.

Explanation:

The financial institution must be informed immediately if there is something unusual in the bank account of a person as there are many ways the safety of the account can be and has been compromised by others.

To make sure this does not happen the person must make sure to contact the authorities immediately and to not wait.

Ideally they will resolve the issue or seal the account and give you back your funds or have some  recompense.

One must not wait in these cases at all.