Fake bank frauds calls: SBP issues new instructions for customers

Fake bank frauds calls: SBP issues new instructions for customers

KARACHI - The State Bank of Pakistan (SBP) has issued instructions over the fake bank frauds calls.

SBP has advised people not to share personal information like CNIC number, bank account number, password, etc. on fake calls from individuals impersonating as officials of SBP.

"Public is advised to inform such incident to law enforcement agencies and approach their banks immediately in case of any loss arising due to leakage of personal information," the SBP stated in a press release on Tuesday.

It has been noticed that time and again fraudsters make phone calls to individuals, impersonating as officials of SBP or other agencies, seeking personal information regarding their deposit accounts maintained with commercial banks and threatening that their accounts will be closed or frozen in case of non-verification of their credentials.