Below are some tips for recognizing whether you have possibly been a victim of fraud:
1.If you did not receive an expected bill or statement by mail.
2.If unexpected charges occur on your account .
3.If there are charges on your account from unrecognized vendors.
4.If the cheque leaves in your cheque book appear out of sequence.
5. If you get collection calls regarding merchandise or services that you did not buy.
6.Use Internet Banking to minimize the risk of Fraud: Utilize paperless options and limit receipt of paper statements by subscribing for bank, credit card and demat account statements by email.
7.Monitor your account activity regularly by checking your balances and statements online through your bank URL. This helps you to quickly detect any fraudulent transactions. The earlier a fraud is detected, the smaller will be its financial impact.
8. Limit the use of cheques, transfer funds online between your Bank accounts, or send money to other Banks through your online bank online facility.
9.Receive and pay bills online for Free/fees as applicable for your bank. The fewer personal documents sent through the mail, the less chance there is for possible fraud.
10.Linking and manage all your Bank relationships online on your one banking URL site. 11.Receive email or sms alerts upon significant transactions in your account.
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