Banks to tighten security for senior citizens-A A +A
Tuesday, July 8, 2014
BAGUIO City Mayor Mauricio Domogan wants further security for senior citizens in accessing banks.
Following a dialogue held recently with the Baguio City Police Office and victims of the budol-budol and salisi gangs’ modus operandi, Domogan convened with representatives from different banks in the Summer Capital to address issues on security of senior citizens.
As part of banks’ standard operating procedures, Domogan suggested banks to tighten the process of releasing money to aged clients especially senior citizens.
Domogan said a significant amount of money should not be instantly released particularly when the client has no companion.
The reason behind this according to the mayor is senior citizens sometimes unconsciously give away their withdrawals without knowing they are already victimized.
He added banks should also discourage the use of debit and credit cards for senior citizens as budol-budol and salisi gangs have already found ways to steal through automated teller machines.
Withdrawing money in any place outside a bank is also risky for senior citizens who may be easily frayed by aggressive pinchers.
He advised the use of bankbooks is better in terms of security so senior citizen clients will have to withdraw their money in the banks where they can be provided assistance by the staff.
Likewise, senior citizens are advised to have a companion when making transactions in banks.
According to the city mayor, representatives of different banks agreed to disseminate information about the concern and will tighten the security.
Domogan was pleased with the response of the banks and hopes the Baguio City Police Office will likewise intensify their continuing efforts to fight such crimes in the city.
Published in the Sun.Star Baguio newspaper on July 09, 2014.