By Daniel Hunter
Adults under the age of 25 are more vulnerable to bank scams than any other age group, according to bankers.
The British Bankers Association (BBA) said one in six aged 18-25 would transfer their money to a 'safe account' if instructed to - more than any other age group.
The BBA said a bank would never ask a customer to do such a thing, nor would it use the term "safe account".
In comparison to 16% of 18-25 year olds, just 6% of 45 to 54-year-olds and 7% of people aged 55 and over said they would transfer money if instructed.
"It will surprise many to learn that younger people could be more vulnerable to the tactics of fraudsters than their grandparents," said Fiona McEvoy, of the BBA.
"It is important that people of all ages know the language used by these fraudsters so that they can avoid being scammed.
"A bank would never ask you to transfer funds into a so-called 'safe account', even if there has been a security breach."
The financial services industry has launched a major campaign to warn against signs of a scam. A bank will never:
A campaign by the financial service industry is highlighting eight things that bank staff will never do. They are:
- Ask for your full Pin number or any online banking passwords over the phone or via email.
- Send someone to your home to collect cash, bank cards or anything else.
- Ask you to email or text personal or banking information.
- Send an email with a link to a page which asks you to enter your online banking login details.
- Ask you to authorise the transfer of funds to a new account or hand over cash.
- Call to advise you to buy diamonds, land or other commodities.
- Ask you to carry out a test transaction online.
- Provide banking services through any mobile apps other than the bank's official apps.
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