More Dutch banks are blocking bank cards
AMSTERDAM, WILLEMSTAD - In addition to the ING Bank and the ABN Amro, the Rabobank has also blocked the bank cards of their clients in Curaçao following skimming. This is according to William Teuben of the Curaçao Bankers Association (CBA).
He confirmed that consumers across multiple ATM locations on the island are being skimmed. The exact number has yet to be determined, according to Teuben. He hopes that this wave of skimming cases, will be the last major attack. In October, all banks have to replace the magnetic strip on the bank card with a chip. This chip is not easy to copy.
According to Teuben the introduction of the so-called EMV chip in Curacao is on schedule. “All banks are ready or almost ready,” said Teuben. Maduro & Curiel's Bank has introduced the chip in 2010. Other banks have already completed the implementation phase, including the Bancodi Caribe, SFT and Orco Bank.
The first cases of skimming in Curaçao were reported in 2006. Consumers can prevent much misery by shielding their PIN. It is also important to keep an eye on the bank card. If the pass is fitted with a chip, use it only at chip-enabled locations.