I have always read about people whose accounts were debited, I always thought it was due to their carelessness until it happened to my close friend.
Near 30k wiped in a series of 500, 1k, 2k, 500... Withdrawals. He just kept receiving debit alerts early in the morning.
Not ATM withdrawals
Not POS transfers
Not Used transactions.
He has been trying to resolve it for 1 wk plus, and so far all he got is that the money cannot be traced.
This incident really opened my eyes that this can happen to anyone and to any account.
Just imagine this happened to your main account with lots of money in it.

I just created this thread so that people with the know how on financial security can pass information to us novices on how to secure our money with these banks.
Please let's comment to the question, tell us steps to take to secure our money so this doesn't happen to you.

Pls mods, help move this to front page, insight is really needed.

Don't put your money in the bank, the bankers are the ones stealing it

BeerParlour:
Don't put your money in the bank, the bankers are the ones stealing it

I have read stories about this too. How do we prevent this?

There's no way you won't have money at the bank with this our nearly cashless age

4ckz:


I have read stories about this too. How do we prevent this?

There's no way you won't have money at the bank with this our nearly cashless age

Using E-wallets like Opay perhaps?

iPrevail:


Using E-wallets like Opay perhaps?

I no too trust these e-wallets, what if it folds?

You know, there isn't like a body regulating them.

4ckz:


I have read stories about this too. How do we prevent this?

There's no way you won't have money at the bank with this our nearly cashless age

the best way to avert things like this is have a separate account that doesn't have atm. That should be the acc where all your major cash should be stored. Then have a side account you keep some cash for miscellaneous. You only transfer from your major to your side account.. Nothing else.

LOquence:
the best way to avert things like this is have a separate account that doesn't have atm. That should be the acc where all your major cash should be stored. Then have a side account you keep some cash for miscellaneous. You only transfer from your major to your side account.. Nothing else.

Thanks