At a time when warnings about cyber fraud are sounding both
globally and in our country, people are being deceived every day
with new methods. Fraudsters use various ways to gain people's
trust and put them in difficult situations. Recently, cases of
deceiving uninformed individuals to obtain their bank cards have
increased. Research shows that this type of fraud usually affects
socially vulnerable, uninformed, or elderly citizens.


Fraudsters, approaching citizens in different ways, offer to
help them obtain cards through bank branches or digital channels.
Later, after receiving the card and its information for a certain
payment, they use it to commit fraudulent activities.


What can happen if you give your bank card to someone
else?


Theft of personal data. Giving your card and
its details to someone else essentially means sharing your personal
information as well. Fraudsters who gain access to this information
can control your financial account and carry out transactions in
your name. As a rule, illegal financial transactions are carried
out under the name of the deceived person. Such cards can
especially be used to conceal illegally obtained funds.


Financial losses. Giving your card to someone
else gives the fraudster the right to use the funds in your account
as they wish. This puts all your bank accounts at risk and can
result in significant financial losses.


Legal consequences. Every citizen is
responsible for the operations performed with their bank cards.
Giving your card to someone else creates legal obligations for the
cardholder. If any illegal transactions are carried out using the
card, the cardholder may be held criminally liable for the
results.


To avoid losing money and becoming involved in a crime,
it is crucial to exercise caution:







Use your card personally. Bank cards belong
exclusively to the client in whose name the account is opened and
are intended for personal use only.


Be cautious with suspicious transactions.
Regularly monitor your accounts. If you notice any suspicious
activity, unauthorized withdrawal of funds from your card, or an
unexpected deposit from an unknown source, immediately contact your
bank and the relevant law enforcement authorities.


Do not fall for fraudsters’ tricks. Be careful
with anyone who asks for your card in exchange for payment or
services. Your card and account information are personal and must
not be shared with anyone. Any attempts to obtain such information
should be reported immediately to the relevant authorities.


Kapital Bank reminds you once again that, in addition to the
security measures implemented by financial institutions, citizens’
vigilance is crucial to protect their accounts and personal data.
Never share your cards or information with others. If you encounter
any suspicious messages, calls, or social media activity, report
them immediately to your bank and the competent authorities. This
way, you can help prevent others from becoming victims of cyber
fraud as well.


Kapital Bank, the country's first bank, is part of PASHA
Holding. Kapital Bank has the largest service network in Azerbaijan
with 115 branches and 53 departments all over the country. For more
detailed information about the bank’s products and services, please
refer to https://kapitalbank.az website, 196
Call Centre or the bank’s various social network pages. To apply
for a consumer loan visit https://kbl.az/prgtk, for a Birbank
installment card visit https://kbl.az/prcrc.