The holiday season is just around the corner and people have started their Christmas shopping for friends and family.
And as holiday spending begins, so does the use of ATMs for convenient cash. Unfortunately, this is also the time when ATM-related crimes are the highest.
To protect yourselves from loss and theft, here are 10 ATM safety reminders for the holiday season:
- Be aware of your surroundings. Always be vigilant when using an ATM, especially at night. Pay close attention to the area throughout the entire transaction.
- If possible, choose ATMs in well-lit areas. Avoid poorly lit machines with too much obstructions.
- Have your ATM card ready before you approach a machine. Don’t wait until you’re at the ATM before you take out your card from your wallet or purse.
- Visually check an ATM for signs of tampering or for possible skimming devices. Check the keypad, card slot, and cash receptacle. If you see or touch anything suspicious, report it to the bank. Do not proceed with your transaction and go to another ATM.
- Cover the keypad and screen when entering your PIN. Memorize your PIN and never write it down.
- Do not let others see your transaction amount. Be sure to get your receipt.
- Put away your cash, ATM card, and receipt as soon as you’re done with the transaction. Never count your cash in front of the machine or in view of other people.
- Do not accept help from other people when using an ATM. Do not tell anyone your PIN.
- If you notice anyone or anything suspicious in the area or if you feel unsafe, cancel your transaction and leave the area immediately.
- Always monitor your bank balances for signs of suspicious activities. Report any problems to your bank.
To avoid withdrawing and carrying big amounts of cash, there’s instaPay.
With instaPay, you can securely send or transfer money from your bank account or e-wallet using your smartphone, tablet, or laptop. Simply access your bank’s or electronic money issuer’s (EMI) mobile app or through internet banking anytime, anywhere you may be. The recipient instantly receives the money in his bank account or e-money account, without any charges deducted.
The maximum amount that can be sent is PHP50,000 per transaction. There is no limit to the number of transactions a sender can make in a day. A sending fee is charged to the sender, regardless of the amount or where it is sent.
Electronic payment network BancNet is the clearing switch operator of instaPay. It has 120 members including banks, affiliate switch networks, and EMIs.
Ask your bank now if they support instaPay.
