Don’t be fooled: BDO warns of new modus operandi

Don’t be fooled: BDO warns of new modus operandi

BDO Unibank has warned of a new scam targeting customers which put their personal information and money at risk.

According to the Sy-led bank, scammers have been calling accountholders informing them about a prize they allegedly won and encouraging them to open an online banking account to redeem it.

BDO said these scammers would be offering their help and asking the victim to activate it using a code that would be provided to them.

“This supposed offer to “help” or “assist” accountholders in opening an online banking account is just a modus by scammers to get direct access to their would-be victims’ bank account,” BDO said.

For customers with an online banking account, scammers may try to take over their account through email or phone by offering higher daily transfer limit, stronger account security, or other enticements.

“They will trick you into allowing a third-party account to be enrolled to your online banking account through ATM activation,” BDO said.

Once this is done, scammers will be able to fully take over the victims’ account and steal their money, the bank explained.

“BDO will never ask you to activate your online banking account via ATM to claim rewards or upgrade your account/ATM. Also, do not let others assist you in opening an online banking account or activate it via ATM. ATM activation is required only when account holders initiate the Online Banking or third-party account enrollment themselves,” it said.

BDO encourages clients to report suspicious incidents to or get in touch with its representatives. Clients may also call its hotline at 8631-8000 or email


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