Verify Accreditation: Hong Kong National Bank Website Warning

2023-11-15 10:35:00

2023-11-15 18:35

The Hong Kong Monetary Authority today named a website called “Hong Kong National Bank” (which is authorized by the Monetary Authority to carry out banking business or accept deposits in Hong Kong; this “bank” is not approved by the Monetary Authority to establish a local representative in Hong Kong in accordance with the Ordinance) office.

A reporter from “Sing Tao Headlines” checked the named website and found that there are “open account” and “log in” options for “online banking”. The website introduction also claimed that the “bank” was established in 1907 and has been in business for more than 100 years. History, providing banking services to families, businesses and communities.

The Hong Kong Monetary Authority reminds members of the public that as the Internet has global reach, members of the public should verify the accreditation status of any institution that uses the Internet to provide bank account services or invite deposits to the Hong Kong public before transferring funds to an institution or providing any personal information.

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