Fraud is on the RISE
With the advent of mobile technology, now more than ever, YOU must be more vigilant with the monitoring of transactions on your account.
Although there is no guarantee to totally eliminate fraud, Industrial Bank has multiple levels of internal controls to assist with identifying fraudulent transactions. However, there are several guidelines the Bank recommends our clients use to help reduce and identify fraud in a timely manner:
- Use Online/Mobile Banking to regularly check your statement for unauthorized transactions
- For Business Clients, use Positive Pay to ensure only authorized items are paid
Please be advised that YOU have up to 60 days to report unauthorized transactions to the bank.