The security of your accounts is our top priority. This month, Banesco USA is highlighting payment fraud, a scam where criminals trick businesses into misdirecting funds using fake invoices, altered vendor bank details, and counterfeit checks.
Tips to protect your assets
Verify protocol changes
If you receive an email with changes to payment instructions, call the vendor using a trusted, pre-existing phone number, and never simply reply to the email
Identify red flags
Typos, suspicious email addresses, or unusual urgency in an email are signs of potential payment fraud
Implement dual authorization
Require two of your trusted staff to approve a payment before it is disbursed
Monitor bank statements
Reconcile your accounts regularly to spot anomalies early
Implementing these controls will significantly reduce your risk of financial loss due to payment fraud.
Thank you for being a valued Banesco USA customer. We appreciate your business and the trust you have placed in us.
You are leaving the Banesco USA website and will be redirected to a website operated by a third-party company, which has different policies (e.g., privacy and security).
Apart from the materials posted by us, we are not responsible for the content on the third party's website.
We’ve refreshed our logo to reflect the progress we share and the possibilities ahead
Continental U.S.
