🌍 Who is most affected?
Banks based in European Union countries that work with clients in Bosnia and Herzegovina—as well as in Germany, Austria and Switzerland—are often exposed, especially where there is active cross‑border and diaspora activity.
🛡️ Case snapshot
In one matter, a fraudulent payment order was sent from Bosnia and Herzegovina to a bank in Germany. Acting in good faith, the bank executed the transfer. Once the fraud was detected, the bank reimbursed its client and reported the case to the authorities.
A claim for damages can be pursued before a court in Bosnia and Herzegovina against the person who sent such an order, with the possibility of obtaining a final judgment.
🤝 Communication with foreign clients
We communicate with foreign clients in English and German to ensure clarity and efficiency throughout the process.
💬 FAQ
1) Who bears responsibility for a fraudulent transfer order? Responsibility is determined with regard to the person who issued, created or misused the order.
2) Must proceedings be brought in Bosnia and Herzegovina? Yes, when the liable person is within BiH.
3) Can financial loss be recovered in court? Yes—through a civil damages action.
📞 Contact
Email: ana@raguzlegal.ba
Phone: +387 63 413 147
