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Card fraud could wipe you out

15 December 2004 - Sowetan

Some security tips on using ATMs from the Ombudsman for Banking Services.

  • Never allow anyone to stand near you or assist you at the ATM.

  • Never key in your pin until the ATM prompts you to do so.

  • Criminals involved in ATM scams will usually be well dressed and seem to be friendly - they are trying to make you trust them.

  • Don't use an ATM that doesn't easily accept your card on the first attempt.

  • Only use ATMs in safe, well-lit areas.

  • Immediately tell the bank when a card has been retained by the ATM for any reason.

  • ATM criminals use sleight-of-hand to obtain your card. They might try to convince you that your card is inside the ATM when in fact the criminal has got it. They might ask you to let them watch you enter your pin.
  • Ensure that your daily ATM withdrawal limits are in accordance with your needs.

  • Only allow your card to be put through a card-reader at a reputable merchant or in a bank. Keep your card in sight at all times. Do not allow your card to be swiped through a card-reader if you are not making a transaction on your account.


  • Tips on debit and credit cards:

  • Always know where your credit card is. Regard it as cash.

  • Ensure that you have signed your credit card.

  • Check your statement regularly. You have a limited time within which to dispute fraudulent transactions. Inform the bank in writing if you change your address (even temporarily).

  • Report the loss of a card to the bank immediately.

  • Do not count on your signature to protect you from fraud. Your signature on the card can be forged. The signature on a fraudulent voucher can be compared only with the signature on the card.


  • Your secret:

  • Memorise the secret PIN number for your card.

  • Also write it down and hide the piece of paper where you can always find it.

  • Always make sure that no one sees what keys you press when using the ATM so that your PIN number remains a secret.

  • If your card is swallowed by an ATM tell your bank immediately.

  • When asking for your PIN number at a bank always take the name of the bank employee who helps you.


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