Wire Fraud

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WIRE FRAUD

Secure Your Wires

Sending money electronically has become easy and habitual. When a person or company gives you new wire transfer instructions, slow down and verify the request by calling the number you have on file.

Keep your funds secure. It is crucial to check all of the information and details when submitting a wire transfer, as they are near impossible to reverse. While wires are a quick and secure way to send large amounts of money, it is extremely easy to accidentally send money to the wrong recipient. U.S. businesses lose millions of dollars each year from hackers requesting wire transfers. Before you initiate a wire, verify each request.

Be sure to check:

• Recipients and requestor names
• Email address
• Account details
• Payment Amount
• Phone Number

Send Wires Securely Online

You can initiate wire transfers right from ConnectOne Bank's Business Online Banking. As an extra layer of security, ConnectOne sets you up with a secure token to be able to approve any wires initiated online.

Does It Need to Be A Wire?

If not, our Positive Pay solution can also give you piece of mind when making payments by check or ACH.

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