Every day we hear reports of people losing their money to fraudsters or scammers. Fraudulent individuals and gangs have devised very tricky but smart means to rob people of their money without them raising any suspicions. A very common method of defrauding people is through the means of fraudulent alerts, both debit and credit alerts. In many cases, people don't even know that they have lost money until they need it and all of a sudden, you can't make a withdrawal or transfer. When you eventually check your account you see that you've been defrauded. 

This article focuses on how to identify fake debit alerts from GT Bank. 

Features of a Genuine GT Bank Debit alert.

1. The Sender's ID is always written as ‘GTBank’.
2. After the amount comes ‘DR’ which signifies a debit alert.
3. ‘NGN’alwayscomes before the amount written in figures.
4. The description is always written as ‘Desc’.
5. A genuine GT Bank debit alert also has a date and exact transaction time.
6. Your account number written in full is always the first detail on a real GT Bank debit alert.

Differences Between a Real GT Bank Debit Alert and a Phoney one.

1. A fake GT Bank debit alert can have a full stop at the end of its Sender ID e.g  ‘GT Bank.’
2. A fake GT Bank debit alert would also not be in your bank's message thread on your phone which is where it should fall if it's authentic.
3. A phoney alert would not have an accurate available balance. This information is known to only you and your bank. That being the case, a fake alert would have an incorrect available balance or none at all.
4.  A fake alert in many cases would contain misspelt words, look out for that too.

Here is a sample of what a genuine GT Bank debit alert looks like. If you receive an alert that doesn't follow this format or has any part missing, it's most likely fake.

Acct: 0345678930

Amt: NGN5,400.00 DR

Desc: REF TO Otta Gomen                   

Avail Bal: NGN20,600.00

Date: 11-Mar-2022 16:48

One might wonder how these dubious individuals can carry out their activities hitch-free. On the world wide web, nothing is hidden. With the stroke of a few keys, a few clicks, an app or two, fraudsters can replicate what genuine bank alerts look like and with bulk SMS, they can reach their target audience.

Bulk SMS was never intended for fraudulent activities, it's just a downside to its invention.

At SmartSMSSolutions, we help bring businesses closer to their target market/audience via effective communication services. With our bulk SMS service, we take your business to the desired audience at a fair price. Click here to get started with Bulk SMS.

It's a shame that while many people are out there breaking their backs to make ends meet, others have chosen the easier and dishonest way out. Being able to differentiate a real debit alert from a fake one helps one to avoid the heartache and losses connected with being defrauded. Business owners most especially get to protect the business they worked so hard to build. Armed with the knowledge you've gathered from this article, thoroughly examine the next debit alert you receive and every other one after that.