Kuwait Times, Sun, May 19, 2024 | Dhu al-Qadah 11, 1445
NBK warns against transferring money to unknown parties
Kuwait:
As part of its endeavors to increase financial awareness and
inclusion among the different segments of society, National Bank of Kuwait (NBK)
continues to promote the “Let’s Be Aware” campaign introduced by the Central
Bank of Kuwait, in cooperation with Kuwait Banking Association (KBA). During
this month, the bank intensified awareness material on all its social media
platforms with the aim of increasing public awareness of various misleading
fraud schemes to steal customers’ banking information.
In this regard, NBK highlights the various evolving fraud techniques, especially
where scammers clone the voices and images of a relative or a friend using AI to
make scam calls or send voice messages asking for an urgent money transfer for
emergency. This way, payment links will seem as if they were sent from a family
member or a close friend leading to transfer money directly without hesitation.
Therefore, NBK stresses the necessity to verify the identity of any person or
entity before making transfers.
Scammers steal people’s information, whether photos or video clips which contain
their voices through social media platforms or even random phone calls, such as
numbers calling from different countries around the world, which aim to steal
their voices to use it in scams. So, NBK always warns against transferring money
to unknown people, stressing the necessity to verify people’s identity before
any transfers.
NBK warns against sharing any important personal information, such as social
security number, bank account numbers, or password-protected information on
social media, as this may expose such sensitive information to theft by unknown
persons. The bank also stresses the need to verify information, websites and
pages visited through social media to ensure they are the authentic official
websites.
NBK always employs innovative methods to promote financial literacy among the
public and familiarize them with their rights and the precautions that should be
taken to protect their banking information and accounts. This is done by sharing
educational messages, photos and video clips on its social media platforms, as
well as reposting CBK’s related communications.
NBK also seeks to spread financial awareness among the largest segments to
maximize the exposure of the campaign’s messages. It also harnesses its strong
customer communication capabilities including all its digital channels, which
are the most popular among all Kuwaiti banks. NBK’s efforts to raise customer
awareness are instrumental in its strategy, as the bank always uses all
communication channels to advise them to keep their passwords/PINs and
financial/personal account information strictly confidential, and not to share
them with anyone impersonating a bank employee.
It is worth mentioning that NBK is a key supporter and partner in all CBK’s
campaigns and initiatives to increase financial and banking awareness among
different segments of society. As a leading financial institution in Kuwait, NBK
frequently organizes various activities to raise awareness on all topics related
to the banking sector, as well as various training courses for its employees to
enhance their experience in the areas of combating fraud and financial crime.
As a leading financial institution in Kuwait and across the region, NBK firmly
observes its responsibilities towards the communities it serves. It is always
taking the initiative to provide all necessary support to important and
strategic campaigns, like the “Let’s Be Aware” campaign, which serve the
interests of the national economy and society at large.