The Central Bank of the Philippines has issued a renewed public warning that its offices and personnel do not conduct or facilitate personal financial transactions, including deposits, withdrawals, or transfers to or from personal accounts. It urged the public to ignore individuals or entities claiming to be central bank employees or representatives offering to help with such transactions. The alert notes that fraudsters may use falsified documents bearing the central bank’s name and logo, and may impersonate the institution through emails, text messages, or phone calls to obtain bank account details, passwords, and other confidential information, often pressuring victims to pay advance fees. The central bank said it will never ask the public to transfer funds or make payments purportedly for anti-money laundering clearance, taxes, insurance, or other fabricated charges, and flagged that banks are prohibited under its regulations from sending clickable links via SMS, email, or messaging apps, with such links potentially indicating phishing attempts.
Central Bank of the Philippines 2026-01-18
Central Bank of the Philippines warns against scams using its name to solicit deposits and fund transfers
The Central Bank of the Philippines reiterated that it does not engage in personal financial transactions and urged the public to disregard claims from individuals or entities posing as its representatives. The alert highlights fraudulent activities involving falsified documents and impersonation attempts to extract confidential information and advance fees, emphasizing that the central bank will never request fund transfers or payments for fabricated charges.