Q2 – Payment Fraud

Don’t Let Your Payments Play Hide-and-Seek!

It’s June, and we’re highlighting Payment Fraud, where criminals trick businesses into misdirecting funds through fake invoices, altered vendor bank details, or counterfeit checks. This can lead to significant financial loss.

Your Superpower
(How to Fight Back):

Verify All Changes:

If payment instructions change, CALL the vendor using a trusted, pre-existing contact number – never just reply to the email.

Identify Red Flags:

Watch for typos, suspicious email addresses, or unusual urgency.

Implement Dual Authorization:

Require two approvals for large payments.

Monitor Bank Statements:

Reconcile your accounts regularly.

These precautions can significantly reduce the risk of payment fraud.

Sincerely,

The Banesco USA Team

View Security Tips

banescousa.com

Banesco USA, 3155 NW 77th Ave, Miami, FL 33122
Please do not reply to this message via email. If you have any questions, please contact your account officer, email customerservice@banescousa.com, or call the Client Care Center at (888) 228-1597.

Don’t Let Your Payments Play Hide-and-Seek!

Verify All Changes:

Identify Red Flags:

Implement Dual Authorization:

Monitor Bank Statements:

Let’s get started

Let’s get started.