BDO warns online sellers of proof of payment transaction scams

BDO Unibank, Inc. calls on online sellers to be wary of fake proof of payment. Scammers are editing deposit slips and bank transfer screenshots to trick entrepreneurs into believing that they already paid. According to the bank, the only way for sellers to outsmart this modus is to log in to their online bank account and check if the payment went through on their transaction history.

BDO warns online sellers of proof of payment transaction scams | CebuFinest

BDO warns online sellers of proof of payment transaction scams

The bank added that the public, most especially those who are online sellers, should always double-check their banking transactions. “Do not rely on just photos or screenshots as proof of payment as these can easily be modified using photo editing tools,” it added.

How the modus works

Because of the pandemic, more Filipino entrepreneurs have brought their business online. Scammers however are taking advantage of this new normal. They pretend to be interested buyers and confirm their orders with the sellers, who request a photo of the deposit slip or screenshot of the money transfer as proof of payment.

Scammers modify deposit slips and screenshots of bank transfers using a graphics editing application. They send these to trusting online sellers, some of whom do not check their online bank account and just proceed with the transaction. As a result, online entrepreneurs lose profit.

If you are using your BDO account as a mode of payment for your business, you can easily verify if your buyer’s Send Money transaction went through by checking your transaction history via BDO Digital Banking. Send Money transactions from BDO to BDO reflect immediately in the transaction history,” the bank said, adding that exposing scams like this is part of its #BDOAntiScam awareness campaign to protect its clients.

BDO warns online sellers of proof of payment transaction scams | CebuFinest

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About BDO Unibank, Inc.

BDO UNIBANK is a full-service universal bank that provides a wide range of corporate and retail banking services. These services include traditional loan and deposit products, as well as treasury, trust and investments, investment banking, private banking, rural banking, cash management, leasing and finance, remittance, insurance, retail cash cards, credit card services, and stock brokerage services.

BDO has one of the largest distribution networks, with more than 1,400 operating branches and over 4,400 ATMs nationwide. It also has full-service branches in Hong Kong and Singapore as well as 13 overseas remittance and representative offices in Asia, Europe, North America, and the Middle East.

BDO ranked as the largest bank in terms of total assets, loans, deposits, and trust funds under management based on published statements of condition as of June 30, 2020. For more information, please visit

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