Keeping Your Accounts Secure
Protecting your financial information starts with awareness and the right tools. Learn how to safeguard your accounts by setting up alerts and creating strong passwords to stay one step ahead of fraud.
In today’s digital age, securing your financial information is more important now than ever before. As a Royal Bank customer, you have access to resources and tools designed to help protect your accounts and minimize the risk of fraud. By taking proactive steps like setting up purchase and online banking alerts and establishing strong passwords, you can be notified of suspicious activity and be better protected.
Establishing Purchase Alerts on Your Royal Bank Debit Card
One of the simplest ways to stay on top of your account activity is by setting up Visa Purchase Alerts on your Royal Bank Debit Card. Purchase alerts notify you when a transaction is made using your debit card, whether it’s online or in-person. This gives you a real-time snapshot of spending and helps you detect any unauthorized transactions quickly. By receiving these notifications, you can immediately report any suspicious activity and reduce the chances of further fraudulent transactions.
Establishing Alerts in Online Banking
Along with Debit Card Purchase Alerts, our Online Banking platform also provides customizable alerts for various account activities. Set up notifications for activities like low balances, large withdrawals, or even when your account balance changes by a certain amount. You can also establish alerts for things like bill payments or deposits, ensuring that you stay on top of payments or unexpected deposits. These alerts can help you keep track of your account without having to constantly monitor it. By staying alert to these changes, you can identify potential problems early and address them promptly.
Creating a Strong Password for Online Banking
As with any account, it’s highly advised to establish a strong password for your Online Banking in order to help keep it secure and difficult for a fraudster or bot to crack. Make sure your password is long and uses a mix of upper and lowercase letters, numbers and special characters. Additionally, it’s critical that you use a unique password that’s not used for any other account. Royal Bank Online Banking requires multi-factor authentication (2FA) to help keep your account even more secure. This additional layer of protection involves sending a one-time code to a phone number to ensure that only you can access your online banking account.
By using these tools and resources, you can significantly reduce your risk of fraud and ensure that your accounts remain secure. Stay vigilant and contact the bank if you notice any suspicious activity.