How to Detect a Fake Bank Alert

In this article, you are going to learn the different steps to detect fake Bank Alert, and how to avoid them.

As more Nigerians begin to adapt and go cashless in regards to the (cashless policy) some people use the opportunity to commit their fraudulent activities. That’s why in this article we will bring you the guide, how to identify fake bank alert? And how to avoid becoming a victim of fake bank Alert.

If you’ve Been searching for, How to recognise a fake bank Alert? How to avoid fake Bank transfers, then this article is for you!

What is a fake Alert?

A fake bank alert refers to a fraudulent scheme in which an individual or a group of people deceive someone into believing that they have received a payment or transfer of funds into their bank account.

The goal of this scam is to trick the recipient into releasing goods, providing services, or transferring goods before realizing that the payment was never actually made.

Typically, scammers use various methods to create the illusion of a genuine bank alert. This may involve creating counterfeit bank notifications or forging bank transfer receipts. They may also use spoofed phone calls or emails that appear to be from the bank to further deceive the victim.

Once the recipient believes they have received the payment, they may proceed with the transaction, delivering goods or providing services. However, when they later check their bank account or contact their bank, they discover that the transaction was fraudulent and that no actual funds were deposited.

How to identify Fake Bank Alert

If you have been searching how do I identify fake bank alert? Then we answer your question in this section.

There are different apps and ways in which people can fake Bank transfers which include Flash Funds, Pro and fake alert maker for Android, Lofty SMS App, etc. Hence we provide you with various ways to identify when the transfer is fake.

The Alert you received after a transfer was made does not contain your available balance. If you received an alert without your Available balance, kindly know it’s a red flag.
In the description, you see PROBANK, once you see pro-Bank in the description of the alert sent to you, just know that’s another big red flag.
The person who wants to transfer asks for your phone number, yes if one wants to transfer to you he or she doesn’t needs your phone number at all!
Compare with previous bank alerts: If you have received legitimate bank alerts in the past, compare the current one with those. Look for any differences in wording, formatting, or the sender’s email address. Any significant variations could indicate a potential fake alert
Finally the money send doe’s reflect on your account. To be on the safer side check your account balance to see if the credit amount reflects on your balance

Looking for codes to check your account balance? Use the codes below to Check your account balance for every bank

Codes To Check Bank Account Balance

Access bank *901*5#
Eco-bank *326*0#
Fidelity bank *770*0#
First bank *894*0#
FCMB *329*00#
GT bank *737*6*1#
Heritage bank *322*030#
Stanbic bank *909#
Keystone bank *7111*1#
Sterling bank *822*00#
UBA bank *919*00#
Unity bank *7799#
Wema bank *945*0#
Zenith bank *966*00#

How to avoid fake Bank Alert

below are the various ways you’ll avoid being a victim of a fake bank transfer

Receive transaction alerts through email

Make sure your email is contacted to your account, an email is just like 2FA, so the SMS alert you get might be compromised, however, if you received an alert through email the person making the transfer won’t be able to send you a fake alert since they don’t know your email.

Check your account balance

If a person sends you a payment or makes a transfer, an alert might be delayed due to a bad network. However, you can make things easier for yourself by checking your account balance, the transfer might have gone through but due to the bad network, you didn’t receive the Alert.

Have your own POS machine

Having your own POS machine and asking people to make payments with their cards is one of the great ways to receive payment from your customers if you’re a business owner.

Use your Bank App or USSD Code

Use your bank’s mobile app or USSD code to check your balance. This is a more secure way to check your balance than relying on text messages or emails.

Conclusion

If you have any questions about the topic discussed, kindly drop them in the comment section below. And note others are looking for ways to take advantage of the situation kindly be careful not to fall victim,