Scammers are always finding new ways to trick you, but many scams are based on an existing one, so being aware of the different types of scams is the best way to spot new ones. Though banks are trying their best by investing heavily in technology and cyber-security in order to beat the best of hackers, there are some lawbreakers that can still use some stratagem in an attempt to obtain money from your bank account at an ATM Station but the most wow about such incident, it might have happened while you are relaxing in your bedroom with your ATM card carefully kept in the briefcase beside you. It was difficult to prove to the bank it wasn’t you since all the details were supplied to the banking payment system tallied with yours.

We agree that the percentage of scams were reduced by 85 per cent through the introduction of the token-text authentication system and chip-pin cards, but it can't eradicate totally, scammer also has new tools to ensure you either make the payments or willingly ‘share’ your banking details as they are more knowledgeable than the average ATM card holder.

The best way you can prevent this is to be fully aware of the possible dangers that lurk in cyberspace.
Below are the most common banking scams you need to know as a bank customer; a list originally posted on Punch NG:

» Stolen chips, cheap passwords
If your wallet or bag gets stolen, chances are that your ATM will be close to your ID card. Fraudsters can easily withdraw with your card if you are the type that use cheap passwords like date of birth as your PIN.
The best way to prevent this is to use more secure passwords. In case you lose your card, don’t wait till you begin to receive alerts, report to the bank immediately.
Continue Reading: http://olaintel..com.ng/2017/12/banking-scams-you-need-to-know-as.html

Withdraw with my ID?? can u explain that? Or u just copy n paste things anyhow?

Op, Na so your mates take dey make front page eh?

Sh!ts on thread.....

Luizkid:
Withdraw with my ID?? can u explain that? Or u just copy n paste things anyhow?

What op meant was most customers make use of thier date/year of birth as password, and this information is available on their ID Cards. What happens if the wallet gets missing with ATM Card and ID Card inside?

Luizkid:
Withdraw with my ID?? can u explain that? Or u just copy n paste things anyhow?

You've been replied

Gracias