African Bank Scams to Watch out for


African Bank is a leading South African financial institution that strives to provide “credit that works for you”. In addition to competitive credit solutions, the bank offers tailor made transactional services, investment as well as savings options.

As an institution that prides itself on offering its clients quality products and services, African Bank also strives to protect its clients and provide them with safety measures to avoid becoming victims of fraud.

The African Bank scams alert page has been created to specifically warn customers to be aware of scam emails.

The bank also provides comprehensive information about a range of other scams on the African Bank scams page, such as:

  • ATM Crime Awareness
  • Phone Fraud Alerts
  • Credit Card Scams
  • Card skimming
  • Spyware and key-loggers
  • Phishing Scams

As an authorised and registered credit provider, African Bank is fully compliant with the National Credit Act and strives to empower clients to be financially savvy.

Credit Card Scams:

A scammer might steal or trick you into telling them your security code (the three or four digit code on your card) and then make purchases over the internet or the telephone.

Phoney Fraud Alerts:

Scammers tell you that your credit card or account has been cancelled because it was involved in some type of criminal activity. The trick is to get you to give your account details.

Card Skimming:

Card skimming is a way for scammers to steal you identity. Some retail outlets and restaurants have cashiers and waitrons who are working with criminals. They may use handheld skimming devices whereby a PIN is stolen by looking when the victim enters it, or by using thermal technology.

ATM-mounted devices:

These can be difficult to recognise and can be fitted into any ATM.

SABRIC CEO Kalyani Pillay advises: “We urge bank customers to adhere to ATM safety tips such as not accepting assistance from anybody at the ATM and not letting their cards out of their sight when transacting.”


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