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Monday , September 28 2020

Central Bank warns Kuwaitis and Expats about scammers

KUWAIT CITY, Nov 2: The Central Bank of Kuwait (CBK) warned customers against any formal or informal email or phone call requesting personal or financial information, such as account numbers or passwords, or credit card banking information, to avert potential fraudulent operations.

Last December (2018), the Kuwaiti monetary regulatory authority also directed banks to provide free SMS alerts to customers and notify them through e-mails or other banking and smartphone applications.

The central bank aims to avert any potential risk to the accounts, to monitor the movement of accounts on a timely and efficient basis, in addition to providing a better protection for customers’ accounts in the light of technical developments, Al Qabas reported. (GDN Online)

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