Skip to main content
Financial Assistance Hub

Sydney suburbs targeted in bank phone scam

10 March 2016

Sydney, 10 March 2016: The Australian Bankers’ Association has today warned about a telephone scam trying to get Sydneysiders to disclose personal and banking information.

“These callers are falsely using the ABA’s name and claiming to conduct surveys about bank satisfaction,” ABA Chief Executive Steven Münchenberg said.

“Over the past few weeks the ABA has received numerous calls from people living in Ryde, Caringbah and Carlingford reporting this scam.

“Elderly people are at risk because they are more likely to be home during the day,” he said.

Some of the questions scammers typically ask are:

  • Who do you bank with?
  • How long have you banked with them?
  • Are you satisfied with your bank?

In some cases people are told they are owed a ‘refund’ for overcharged bank fees but they have to pay a fee for it. People can be tricked into revealing their driver’s licence number, credit card number or internet banking login.

“The ABA does not conduct customer satisfaction surveys or contact the public in these ways,” Mr Münchenberg said. 

“If you receive a phone call such as this, do not provide any information. If you have given any details to these callers, contact your bank as they can take action to protect and monitor your account.

“At a time when there is also a sophisticated SMS phishing scam targeting mobile banking customers, it’s important to be wary of disclosing information to people you don’t know.”

If you receive a call of this nature please report it to the ABA on 02 8298 0417.

ENDS

Contact: Stephanie Arena 0477 470 677 or Nic Frankham 0435 963 913

 
@austbankers

www.bankers.asn.au

 

Latest news

1 / 3
Transcript
ABA CEO Simon Birmingham transcript of interview on ABC Radio Brisbane with Steve Austin
3 February 2026

E&OERadio InterviewABC Brisbane3 February 2026 Topics: RBA interest rate decision; Access to credit cards; Armaguard and cash usage Steve Austin (Host): Well, why is it near impossible to obtain a credit card when you’re over 60? My guest is the new Chief Executive for the Australian Banking Association, Simon Birmingham. Former federal liberal politician, Simon… Read more »

Read more
Media Releases
ABA congratulates Sarah Court on appointment as ASIC Chair
3 February 2026

The ABA congratulates Sarah Court on her appointment as the new Chair of the Australian Securities and Investments Commission (ASIC). ABA CEO Simon Birmingham described this as a significant appointment and a landmark moment for Ms Court and Australia’s corporate regulator. “Sarah is an experienced regulator, having held numerous senior legal and regulatory enforcement positions… Read more »

Read more
Transcript
ABA CEO Simon Birmingham transcript of interview on ABC Radio Adelaide with Rory McLaren
27 January 2026

E&OE Radio Interview ABC Adelaide 27 January 2026.  Topics: Expanding scam prevention rules; Tips to avoid scams  Rory McLaren (Host): But now to scammers, it appears that many scammers are moving faster than the laws that are designed to try and stop them. While banks and telecommunication companies face tough new rules, criminals appear to be slipping through the cracks using online marketplaces, messaging services, apps and other platforms that aren’t necessarily regulated as… Read more »

Read more