Letters of credit are often an unavoidable means of payment. To protect yourself from abuse, it is often necessary to follow some guidelines. The essential thing is to immediately announce the loss of the letter.
Advice and safety in everyday life
- Sign the credit card back from the reception
- Never leave your card unattended.
- Keep your letter as cash.
- If you entrust your card to someone for a payment – for example a restaurant table or a supermarket checkout – be present during the transaction.
- Always check the invoice amount.
- Do not sign blank invoices.
- Keep all invoices and keep track of your monthly invoice.
- Don’t have your PIN code written with you
- Choose your own PIN code from a sequence of abstract numbers. Avoid choosing your date of birth, your registration number or other easy-to-guess combinations for your PIN code.
Security advice abroad
Abroad when you must sign an invoice stating the transaction in Swiss francs. Do not sign before you have verified the exchange. This is often less advantageous than that practiced by the letter of credit in Switzerland. You have the right to demand and be able to pay at the exchange rate of the country you are in.
Online shopping in complete safety
- Secure 3D technology is the standard that guarantees the security of payments by letter on the Internet. When choosing an online store, pay attention to the presence of the logo, specifying “Verified by Visa” or “MasterCard SecureCode”.
- When this technology is not proposed, indicate your visa card data online only if you have a 128-bit SSL connection (SSL: Secure Sockets Layer).
- If you do not have a connection of this type, communicate your data by fax or telephone. If in doubt, refuse to place the order.
- If you contact him by phone, do not give information about your letter of credit until you are sure of the person’s identity.
- Do not place orders from public computers.
- Protect your computer with a current anti-virus.
In case of emergency
- In the event of a lost letter in Switzerland or abroad, directly contact the issuing company of your letter or an emergency service, which responds 24 hours a day, 24 hours a day.
- Quickly contact your credit company when you notice an invoice error or any suspicious index on your statement.
- In case of theft, file a complaint with the police and demand a copy of the report.
- Always have the emergency number with you.