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 interview with 2GB’s Michael McLaren on regional banking
8 October 2026

E&OERadio InterviewInterview on 2GB8 October 2026 Topics: Regional banking Michael McLaren: You may have seen the story today, the Australian Banking Association has put forward an idea to address the declining presence of our top banks in rural Australia. In fact, regional bank branch numbers have declined by 38 per cent since 2017. So, there… Read more »

Read more
Transcript
ABA CEO interview with ABC News Radio’s Sarah Morice on regional banking
8 October 2026

E&OERadio InterviewInterview on ABC News Radio8 October 2026 Topics: Regional banking Sarah Morice: Australia’s banks are seeking permission to team up in the bush. The Australian Banking Association has asked the competition watchdog for an exemption from competition law, so that several banks can share a single physical branch in regional towns. Now, if you… Read more »

Read more
Transcript
ABA CEO interview with Win News’ Bonnie Collings on regional banking
8 October 2026

E&OETV InterviewInterview on Win News8 October 2026 Topics: Regional banking Bonnie Collings: Can you give a bit of an overview of what the ABA have put forward to the ACCC? Simon Birmingham: We’re asking the ACCC to allow banks to cooperate on three things. Firstly, regional service commitments that will be banks explaining how they’re… Read more »

Read more