PREVENT WIRE FRAUD
CHECK YOUR WIRE BEFORE SENDING
WHAT IS WIRE FRAUD?
Wire fraud is a crime in which a person creates a scheme to defraud or obtain money based on false representation or promises via electronic communication such as phone calls, emails, text messages, or social media messaging.
SENDING A WIRE IS LIKE HANDING CASH OVER TO SOMEONE. THE BANK CANNOT REVERSE THE WIRE ONCE IT HAS BEEN SENT.
NEVER WIRE MONEY TO:
Astranger-inthiscountryoranywhereelse.
Someoneclaimingtobearelativeinacrisis-andwhowantstokeeptheirrequestformoney asecret.
Someonewhosaysamoneytransferistheonlyformofpaymentthat’sacceptable.
Someonewhoasksyoutodepositacheckandsendsomeofthemoneyback.
Report suspected fraud by contacting your banker directly using a phone number from your statement or our offical website. File a complaint with the Federal Trade Commission at 877.382.4357, local law enforcement, or your State Attorney General.
BEFORE SIGNING THE WIRE RECEIPT:
It is important to double check every piece of information before signing the wire receipt If an error is found during the call back process, it may require a new receipt to be signed which can delay release of the wire.
Did you verbally verify routing and account information using a trusted phone number?
Do you personally know the person or business receiving the wire?
Have you met them in person?
Has anyone asked you to keep the wire a secret?
Are you being pressured to act quickly?
Have wiring instructions recently changed?
Have you physically seen the item you are purchasing?
Have you confirmed a family emergency with another relative?
Be cautious of last-minute changes to wiring instructions, especially those received by email or text Always confirm changes using a trusted phone number
WIRE
QUESTIONS TO ASK YOURSELF: CALL BACK:
After you place a wire transfer, you may receive a call from the AB&T Wire Team. We may attempt to contact you to verify your wire details However, it may vary depending on the volume of wires being processed If you receive an unexpected call about a wire transfer, hang up and contact your banker directly using a known and trusted phone number.
Wewillonlycallaphonenumberwehaveonfilewithinoursystem.
Wewillverifyyouridentityusinginformationalreadyonfile.Wewillneveraskfor passwords,fullaccountnumbers,oronlinebankingcredentials.
Youwillneedtohavethewiringinstructionsprovidedtoyoufromthebeneficiary.
Thedetailswewillbeverifyinginclude,butarenotlimitedto:
• Wire amount
• Beneficiary name and address
• Routing and account number
• Any additional information on the wire request
