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We have been alerted to a higher than usual number of suspected fraud cases involving credit union member accounts recently.

These cases relate to both incoming and outgoing payments to and from credit union member accounts.

We would like to remind members before sending a payment that once the payment has been sent, it is irrevocable. In addition, when making large over-the-counter payments please ensure that you are confident prior to sending a payment that the recipient is legitimate and will honour commitments to deliver goods or services.

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Limerick & District Credit Union