Basseterre, St. Kitts, May 20, 2020 (SKNIS)
Chad Allen, President of the Bankers and Financial Services Association of St. Kitts and Nevis encouraged clients of financial institutions to be more vigilant during the COVID-19 crisis, as fraudulent activities are frequent during these times. “We would like to assure clients that our member institutions are committed to supporting you through this difficult period and we also encourage you to be more vigilant at this time as during periods such as this fraudulent attempts tend to increase,” said President Allen. “Clients are encouraged to report any suspicious activity or emails requesting your information. Do not share banking login passwords or pins – which is your personal identification number – or any sensitive information relating to your finances, report lost or stolen credit cards or any cards immediately, review statements and monitor account activities.”

Clients are strongly encouraged to seek clarity from their financial institutions when in doubt and do not fall prey to scams and get rich schemes. Mr. Allen used the occasion – the May 20 edition of the National Emergency Operations Center (NEOC) COVID-19 Daily Briefing – to provide several recommendations in navigating the COVID-19 crisis.

“We recognize change is hard for many people. However, we are assured that change will always be a variable. The use of technology will drive many of our options going forward. We encourage you to embrace this change and reap the rewards of improved access and convenience. Don’t be afraid to ask for assistance in learning. Your bankers and financial services providers are willing and able to support you in navigating this path,” he said. “In times of difficulty and uncertainty, we encourage clients to maintain healthy communication and update your bankers as to the changes taking place in your situation. Do not avoid them, but rather engage them.”


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