Security in Money Transfers: 8 Rules to Protect Yourself from Fraud
18 August 2026
Used properly, a money transfer is a safe operation that makes daily life easier. The risk usually comes not from the system but from acting on incomplete information. The rules below protect you in the most common scenarios.
1. Do not send money to people you do not know
The most common tactic is an “urgent” story built through an online ad, a social media message or a phone call. Do not send money to anyone you have not met and whose identity you cannot verify.
2. Ignore “send it first” requests
Sellers who ask for money up front for a deposit, delivery fee or customs charge follow a classic fraud pattern. Do not send anything before seeing the product and verifying the seller.
3. Share the transaction number only with the recipient
For cash pickup the transaction number is the key to the money. Do not post screenshots on social media; give the number only to the person you sent it to.
4. Beware of people posing as “officials”
Never make a transfer for anyone who claims to work at a bank, a public body or a payment institution and asks you to send money. Institutions do not call you and tell you to “move your money to a safe account”.
5. Never share your details outside the transaction screen
Card numbers, passwords and verification codes must never be shared. The SMS verification code is for you to enter only; anyone who says “send me the code” is a fraudster.
6. Use an authorised point or the official app
Send money from the authorised service point or the app of a licensed institution. Faturamatik is a payment institution licensed by the Central Bank of the Republic of Türkiye, and PTN transactions run on that infrastructure.
7. Keep the receipt and check the amount before you confirm
See the fee and the amount the recipient will receive before the transaction, and keep the receipt afterwards. These two habits settle any later dispute in advance.
8. Stop the moment you have doubts
If you are being rushed and given no time to think, stop. Time pressure is fraud’s strongest tool. If the transfer has already been made, report it immediately to the channel you used and, if necessary, to the authorities.
In brief
- Do not send to strangers and refuse “send it first” requests.
- Never share the transaction number or the verification code with anyone.
- Make the transfer only at a licensed institution’s authorised point or in its app.
- Check the amount first, keep the receipt afterwards, and do not complete the transaction if you have doubts.
These rules look simple, yet most fraud cases happen exactly because they are skipped. A transfer made calmly and with verification is a safe transfer.
