700 BDO clients assured of reimbursement
INQUIRER.net photo
MANILA, Philippines—Close to 700 clients of local banking giant BDO Unibank have been affected by the recent “sophisticated” one-time-pin (OTP) fraud and their reimbursements are underway.
“We have requested our clients to go to their branch of account and submit documentation to get the refund. The bank will shoulder the losses perpetuated by this cybercrime incident,” BDO said in a press statement on Tuesday (Dec. 14).
BDO added that it had been working closely with the appropriate authorities and the Bangko Sentral ng Pilipinas (BSP) to prevent further occurrence.
TSB
Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.
