Circular Regarding Banks' Exposure to Fraud Attempts No. (746/4/2/10) dated 2010/1/20

The Central Bank of Jordan warns licensed banks to exercise caution and vigilance regarding attempts by individuals to obtain credit facilities using certificates issued by global banks that falsely claim the holder has large deposits with those institutions. This advisory addresses potential fraudulent activities involving such bank-issued certificates.

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In the name of Allah, the Most Gracious, the Most Merciful

Central Bank of Jordan

No.: 746
Ref: 10/2/4
Date: 4/5/1431 AH
Corresponding to: 2/1/2010 AD

Circular to Licensed Banks

Greetings,

Information has reached the Central Bank of Jordan regarding attempts by individuals to obtain credit facilities backed by certificates issued by global banks, stating that the certificate holder has large deposits with those banks. This may stem from fraudulent attempts.

Please exercise caution and vigilance.

Accept our highest respect,

Governor
Dr. Amieh Saleh Touqan

P.O. Box 27 - Amman 11118 - Jordan • Tel: 4630301 • Fax: 4638889, 4638634 • Website: www.cbj.gov.jo • Email: info@cbj.gov.jo

Source: Central Bank of Jordan — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works