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Dublin Live
Dublin Live
National
Emma Nevin

Increase in scam activity expected as banks leave Irish market, Bank of Ireland warns

Bank of Ireland has warned the public to expect an increase in scam calls, texts and emails as Ulster Bank and KBC exit the Irish market.

Hundreds of thousands of current account customers are expected to move banks over the coming months, becoming vulnerable to fraudsters who "commonly take advantage of periods of change".

Customers have been warned to "independently verify messages or calls asking for personal information or account details or containing warnings around the cancellation of important payments."

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