Why is the Trusted Contact notified when the appointer updates their bank account, contact details or daily withdrawal limit?
Scammers may deceive victims into updating their bank account, contact details or daily withdrawal limit. They may also attempt to update this information if they obtain unauthorised access to the victims’ CPF accounts. Therefore, it is crucial for Trusted Contacts to be alerted when such transactions are made.

Learn more about scammers’ latest tactics and tips to help your loved ones safeguard themselves against scams.

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