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version 26.5.1 · Western Australia · Est. 2011·Microsoft Partner & Reseller · HP, Yealink, Ubiquiti, Kyocera
— Stay safe · Online banking

The things your bank will never ask you for.

A short list. Anyone asking for any of them is not your bank.

Bank fraud almost always starts with a question that sounds reasonable: "can you verify your security code?", "please confirm the one-time PIN we just sent". The fastest way to spot the scam is to know what your bank physically cannot ask for under their own rules. Memorise the list below; the moment any of these words comes up in a call or text, the conversation is over.

8
Things on the never-ask list
100%
Of bank scams ask for at least one of them
0
Of the things below your bank will EVER ask for
// NEVER #1

Your full online banking password.

The bank's systems can see your account balance, your transactions, and your settings without ever needing the password. Bank staff cannot see it and have no reason to ask. Anyone asking is not from the bank.

// NEVER #2

Your card PIN.

The PIN is yours alone. The bank has no internal way to look it up, and no business reason to need it. Anyone asking — call, text, email, person in a uniform — is committing fraud. End the conversation.

// NEVER #3

A one-time code they just sent you.

When the bank sends a one-time code, it's for YOU to type into the banking app or website. The bank's own staff will NEVER ask you to read it back to them. If they do, it's because they're logging in as you on the other side of the call.

// NEVER #4

Permission to install software on your computer.

Banks do not need to install remote-control software (AnyDesk, TeamViewer, Quick Assist) on your computer to fix banking issues. If a caller claiming to be from the bank says "install this small program so I can help", they are setting up the takeover. Hang up.

// NEVER #5

You to transfer money to a 'safe account'.

This is a particularly nasty scam. Caller says "your account is under attack, transfer everything to this temporary safe account while we investigate". The 'safe account' is the criminal's mule. Banks never ask you to move money for safety reasons — they freeze accounts at their end.

// NEVER #6

You to log in while they wait on the call.

Real bank fraud calls let you call them back via the number on your card, specifically because they know real callers might be impersonators. If the caller insists you stay on the line and log in, the wait is so the criminal can capture the session — never do it.

// NEVER #7

Your card's CVV / security code by phone.

The three-digit number on the back of the card is for online checkout, not for verifying you on a call. The bank can identify you using your account number, address, and date of birth. They never need the CVV.

// NEVER #8

To verify your details after they called you.

The bank doesn't need you to confirm your address, date of birth, or mother's maiden name on a call THEY initiated — they already have all that. The scam is to ask for it under the cover of a fake fraud-prevention call, then use the answers to break into your account.

Related safety reading.

Most bank scams hit you across multiple channels — email, SMS, then phone call. Read the lot.

Share this list with your team.

whedo.it includes a print-friendly version of the never-ask list in our quarterly client training pack. Stick it next to the phone. The fastest training is the one already on the wall.

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