The name and marks of the Bank for International Settlements (BIS) are increasingly being used in attempts to defraud the public, for example through bogus financial transactions, fake lotteries, fake social media ads and other scams. In some scams, the BIS is mentioned as the bank through which payments will be made or assets are guaranteed. Fraud may be perpetrated via letter or email, or via a website purporting to be that of the BIS. The Bank is also aware of fraudulent websites that are misusing its name and those of staff members.
The BIS would like to remind the public that it is an international organisation providing banking services exclusively to central banks and other official sector customers. The BIS does not accept deposits from, or offer financial services to, private individuals or corporate entities; this includes payment services such as cheque clearing. It also does not verify, certify, license or guarantee any financial products or financial offerings issued or proposed by third parties.
The BIS strongly cautions the public against sending money or disclosing bank or credit card details to any person who claims to represent the BIS or to have a relationship with the BIS.
The BIS is not connected in any way with such scams, and cannot be held responsible if its name, marks, logo or address are misused in schemes intended to defraud the public. If you consider that you have been the victim of fraud, we recommend that you report any complaint to…
