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Safeguard Your Automated Teller Machine (ATM) Account/Card and Personal Indentification Number (PIN)

03.17.2011

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Did you use your ATM account/card to secure a loan?
Is your ATM card with your creditor?
Does your creditor know your PIN?
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Letting others know your ATM account/card may lead to financial trouble.

Avoid giving or entrusting your ATM account/card and PIN to others because this may create more financial trouble.  It would be difficult to monitor the deposits to your account and the withdrawals made by the person to whom you have given your ATM card and PIN.  A  creditor may withdraw more than the amount that you agreed upon to pay your debt.  Understand very well the terms and conditions of your loan agreement.  For your loan requirements, inquire directly from banks that offer microfinance loans or other small loan facilities.

BE CAUTIOUS!

DO NOT BE A VICTIM OF YOUR OWN NEGLIGENCE!

FOR FURTHER CLARIFICATION, PLEASE CONTACT:

FINANCIAL CONSUMER AFFAIRS GROUP
Supervision and Examination Sector
BANGKO SENTRAL NG PILIPINAS
5th Floor, Multi-Storey Building, BSP Complex
A. Mabini St., Malate, Manila
E-mail address: consumeraffairs@bsp.gov.ph
Tel. Nos.: Direct Line: (+632)523-3631• Trunkline (+632)524-7011 local 2584

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