Is "AUTO DEBIT AUDI FINCL, INC. XXXXXXXXXXXXXXX RECURR" fraud?

Written by Remi Russell

June 18th, 2024

Medium Risk

What is "AUTO DEBIT AUDI FINCL, INC. XXXXXXXXXXXXXXX RECURR"?

Audi is a German automobile manufacturer that has been in business since 1909. The company primarily produces luxury vehicles, including sedans, SUVs, coupes, convertibles, and electric vehicles. Additionally, Audi offers performance-oriented models under its Audi Sport division and high-performance RS models. The company is recognized for integrating advanced technology, engineering, and design into its product lineup.

AUTO DEBIT: Indicates an automatic withdrawal from your account.

AUDI FINCL, INC.: The name of the financial entity processing the transaction.

XXXXXXXXXXXXXXX: Typically a reference or account number related to the transaction.

RECURRING INTERNET PAYMENT: Denotes that this is a regularly scheduled payment made via the internet.

Verify if this transaction is fraud in 30 seconds

Verify With Receipt

The best way to tell if this charge is fraudulent is to find the receipt. You may have an electronic copy of the receipt, which you can finding by searching in your email accounts for.

Or, if you want to automatically find and reconcile receipts so you never worry about fraud, you can use SimplyWise to automatically match all bank and credit card transactions to email and paper receipts. The app instantly reconciles your expenses and flags anything that doesn't match.

STEP 1

Connect your Email

Download the SimplyWise app and connect your email account. SimplyWise will search through your emails and find all the receipts in your inbox. This allows you to understand what exactly you are paying for when you see a bank transaction on your statement.

STEP 2

Connect Your Bank

Connect to your bank account/credit card transactions through the secure (256 bit encryption) Reconciliation feature within the app.

STEP 3

Reconcile

Reconcile the charges reported by your financial institution against what you've recorded in your SimplyWise account. Find fraud quickly! SimplyWise will match your transactions to your bank/credit card spending and check those items off.