Singapore central bank warns of fake calls impersonating staff

It stressed that it would never ask the public for personal or bank information.

The Monetary Authority of Singapore (MAS) has warned the public of individuals posing as MAS or bank staff and requesting for personal or bank information, according to a news release.

The regulator stressed that it would never ask the public for such information nor security login details.

The fraudulent calls and messages may be received through Viber or WhatsApp from local or overseas numbers that use caller ID spoofing technology to display a MAS number. The perpetrators may use MAS’ logo as profile picture and inform the recipient that their bank account has been locked or suspended, and would offer assistance to resolve the matter.

The fraudsters would then ask for personal details such as user ID and password. There have been reports of people using similar tactics to pose as bank employees asking for similar information.

Join Asian Banking & Finance community

The public is urged to report any suspicious calls to MAS or to the police.

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

SMBC, Fujitsu Limited to create data analytics business
Japanese companies reportedly want data-driven operations to improve efficiency.
India’s credit card spend slumps 9% MoM to 7-month low
Whilst spending grew 12% YoY, the pace of growth has slowed compared to previous months.
CommBank establishes tech hub in Seattle
The first cohort focuses on learning to fast track adoption of agentic AI and gen AI solutions.

Exclusives

Philippine central bank eyes AI rules for banks
Artificial intelligence should not diminish banks’ responsibility to uphold data privacy.
RCBC boosts rural presence with ATM Go
The service, which allows cardless transfers, is now available in all Philippine cities.
BCA superapp drives digital transaction growth
Inter-account transfers were the most widely used service, followed by virtual payments.