Fraud prevention tips
Unsolicited contact
Fraudsters use different ways to reach out to potential victims and will typically create a sense of urgency in order to get a response.
Protect your information
Many scams are designed to trick you into providing confidential information, such as your SIN or Driver’s Licence Number, in order to steal your identity.
Be cautious when making a payment
Fraudsters will request untraditional forms of payment, such as wire transfer, pre-loaded cards, e-transfer, global money transfer, or cryptocurrency, as these methods are often difficult to trace. Always ensure you know exactly who you’re sending your money to and how your money will be used.
Keep your contact information up to date
Ensuring we have your correct contact information allows you to receive and respond to fraud alerts by text, email or phone to verify any suspicious transactions.
Set up voice verification
Call us at 1 800 465-2422 to set up voice verification on your account so that every time you call us we’ll be able to verify your identity with your voice. This ensures that only you have access to your account.
Review your bill payments and bank statements
Ensure all transactions on your account are accurate by regularly checking for any unauthorized charges.
Notice anything suspicious?
What should you do if you've encountered a scam?
Take your time
Think about the situation you’re in and avoid making any quick decisions. Ask yourself whether the situation you’re in makes sense and question whether it could be a scam.
Talk to someone you trust
Ask for advice about your situation from a person you trust, such as a family member or friend. Getting an outside perspective on your situation will help you identify whether it may be a scam.
Do your research
Research the person you’re talking to and the situation that you’re in, using online resources. If other people have been in the same situation, you may find more information online to confirm it isn’t legitimate.
Feel safe when you bank with us
Voice verification
Fraud alerts
Two-step verification
Fraud prevention alerts
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