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SBP asks public not to share banking information

SBP asks public not to share banking information

KARACHI: State Bank of Pakistan (SBP) has advised the public not to share their banking information to fake calls.

According to a statement issued on Monday, the SBP said that it had come to the central bank’s knowledge that fraudsters were attempting to defraud the banking customers by seeking bank account details on the pretext of biometric verification.

In many cases, this is being done through fake calls by masking the official helpline or registered numbers of banks.

The receivers apparently believe that the call is genuine or from the bank and share their personal information including bank account number, ID, password, CNIC number, etc. resulting in loss of funds even during the calls.

The fraudsters generally impersonate as officials of State Bank of Pakistan, Army Officer or representative of Superior Courts of law, etc. on pretext of biometric verification of accounts.

In this context, public is advised to immediately contact their banks on their registered numbers/helpline themselves instead of responding the incoming calls and sharing their credentials.

It is informed that SBP/Banks/Micro Finance Banks do not conduct biometric verification of Banks’ existing customers through telephone calls. If public receive any such call, they may share details of these cases/incidents with law enforcement agencies or SBP helpline at 021-111-727-273 or email at cpd.helpdesk@sbp.org.pk.