Phantom withdrawal
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A phantom withdrawal is a cash withdrawal from an automatic teller machine where money has been withdrawn from an account, and neither the customer nor the bank admit liability.
 | You can help expand this article with text translated from the corresponding article in Japanese. (July 2019) Click [show] for important translation instructions.
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If the banks are unable to find any error on their side, they conclude that the withdrawals were done by the customers.[1] Many experts ascribe phantom withdrawals to criminal activity done using the banking network itself. [2][non-primary source needed]
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