Taking Control When Your Money is Lost or Stolen
In the unfortunate event of losing your wallet or having it stolen, swift and decisive actions are crucial to minimize the impact on your financial well-being. This comprehensive guide outlines essential steps to take when faced with such situations, covering aspects like handling lost bank cards, transferring money abroad, and seeking assistance from consulates.
Dealing with Lost Bank Cards and Credit Cards
If your bank card or credit card goes missing or is compromised while abroad, don’t panic. Take immediate action by contacting your bank’s blocking service to prevent unauthorized access.
Transferring Money Abroad – Your Options
Request an International Money Transfer
Consider requesting an international money transfer or a deposit to your own bank account from a trusted friend or relative. Ensure the safety of your transactions by choosing reputable services.
Utilizing Your Finnish Bank Account
If someone transfers money to your Finnish bank account, withdrawing foreign currency becomes feasible. Leverage the convenience of your bank or credit card in these situations.
Assistance from Finnish Missions
In exceptional cases, Finnish missions may provide assistance for your journey home against a written agreement to repay the sum. Familiarize yourself with the terms and conditions, including the possibility of funds transfer from your account with a reasonable fee.
Consulates – Understanding Limitations
Financial Aid from Finnish Missions
In distress and unable to access funds through conventional means? Finnish missions abroad may assist by transferring funds from your account, including a transfer fee of EUR 40. Designating another person for the deposit is an option.
Journey Home Assistance
For situations where arranging a deposit is impossible due to a crime, severe illness, or other reasons, missions can consider providing assistance for the journey home. Understand the associated costs and terms, including the EUR 150 charge for extensive evidence requirements.
Repayment and Legal Considerations
Repayment of financial assistance is subject to debt enforcement procedures without separate decisions. Refer to the Decree of the Ministry for Foreign Affairs on Fees for Services Produced by the Foreign Service for detailed information.
In conclusion, navigating the complexities of lost or stolen wallets and financial distress abroad demands a proactive approach. Stay informed, act decisively, and safeguard your financial well-being in any situation.