UAE Central Bank warns YOU to be careful of credit fraud

By Eudore R. Chand

ABU DHABI 30 August 2018: The Central Bank of the UAE (CBUAE) has reminds consumers of their responsibility to protect their credit information and credit/debit cards from fraud and unauthorised use.

CBUAE also directed consumers not to disclose their PIN to any persons or institution. If somehow this information is disclosed, it is the consumer’s responsibility to immediately contact their bank to freeze the card and change the PIN.

CBUAE advised consumers to take caution when using their cards and ATM machines in order to avoid any leakage of information that may expose their accounts to possible fraud.