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CBN cautions bank customers against fraudulent SMS on debit cards

Roland Edwards by Roland Edwards
May 12, 2016
in Business, News
0
CBN links cashless policy to increased electronic banking risks

Central Bank of Nigeria

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The Central Bank of Nigeria (CBN) has cautioned bank customers against disclosing their Debit (ATM) Card details to fraudsters who send out fake SMS messages.
This is contained in a statement by the acting Director of Communications, CBN, Mr Isaac Okorafor, on Thursday in Abuja.
The statement warned customers not to reply text messages from individuals pretending to be Customer Care representatives of the CBN, asking for Personal Identification Numbers or Bank Verification Numbers.

“Those messages and calls are intended to lure bank account holders to reveal their personal details which the fraudsters could use to defraud them.

“The public is, therefore, warned that neither the CBN, deposit money banks nor their employees or agents would ever call bank customers or send email, text messages requesting for passwords or cards’ details.

“Bank customers are, therefore, advised to personally visit their banks for any issue requiring disclosure of personal bank details,” it stated.

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© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.