NatWest suspends Get Cash app amid reports of fraud
Natwest Bank has postponed its Get Cash app following a report by BBC Radio 4 into the defrauding of customers by thieves.
The app supplies a Cash Code which allows customers to take out cash without a bank card, however there have been instances reported where a security code had been downloaded by a user who does not own the account, allowing them to fraudulently withdraw up to £100 daily.
Despite NatWest claiming the app has ‘strong security measures’ it has suspended it for a “planned update” which will reduce the daily limits.