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05
In
Unity
Issue seven
IMPORTANT
ADVICE
PROTECTING AGAINST
FRAUD
KEEP YOUR MONEY SAFE
We have chosen NatWest as our new
provider for the majority of these services.
NatWest are the market leader in providing
payment services to other banks and
financial institutions and best suit the
needs of the bank and our customers.
We are working closely with NatWest
to ensure a smooth transition for all our
customers. We expect to complete the
switch between clearing providers in
mid-2015.
Internet and cheque fraud
may cost your organisation
time and money.
Here we offer
some important advice to help
you fight the fraudsters.
Internet Banking
Internet Banking is a safe and secure way to
send payments provided you take precautions.
·
We strongly advise that you use dual or
triple authorisation for Internet Banking.
This is to reduce the risk of fraud associated
with having a single individual operating
your account including:
·
Fraudsters gaining access to your
device and sending payments instantly
·
External payments issued without being
checked or verified by someone else
·
Payments being sent in error
·
Never respond to a suspicious message
or click email links from unknown sources
·
Never provide personal or sensitive details,
unless you're absolutely certain that the
request is genuine
·
Never provide any of your banking or credit
card details unless you're absolutely certain
that the request is genuine
·
Never give out your security information,
no genuine banking firm ever asks you
to provide this information.
You should also consider:
·
Installing or updating anti-virus and
spyware software ­ we recommend Trusteer
and offer this free to our customers
·
Installing personal firewall software
·
Forwarding any suspicious emails to
fraud@unity.co.uk
·
Removing signatures of your account
signatories from annual accounts
published online
·
Setting up a `deposit only' account if you
publish your account details online for
Gift Aid purposes.
Single Authority User Limit
For customers operating Internet Banking using
Single Authority, the maximum external payment
which can be made is now £25,000 per
beneficiary, per day (previously £100,000).
This is part of our continuous effort to keep
our customers safe from the security risks
associated with internet fraud. To make
payments of above £25,000 using Internet
Banking, you can add an additional Internet
Banking user(s) to set up dual or triple
authority. Complete the Internet Banking
application form at
www.unity.co.uk/forms.
Alternatively, you can send an instruction,
signed in accordance with your mandate
asking us to make the payment on your
behalf. This will incur a £10 charge.
Cheque payments
The majority of fraudulent cheques do get
stopped before the cheque is paid but a few
simple controls can help keep the risk to a
minimum:
·
Check your statements frequently
and advise us of any discrepancies
·
Consider making online payments by
registering for Internet Banking
·
Never pre-sign blank cheques
·
Keep your procedure consistent, so
any differences can be identified easily
·
Treat unused cheques as securely as you
would treat cash and keep them locked away
·
Allocate responsibility to at least two people
for issuing cheques and undertaking
reconciliation of your bank accounts.
For more information and to
download an application form,
visit
www.unity.co.uk/multipay
Visit our dedicated web page for updates:
www.unity.co.uk/serviceupdates
processing provider
We are partnering with Lloyds Bank
and Mastercard
®
to bring you the
Unity Corporate MultiPay card. This
card is designed to make managing
your business purchases easy.
Improved control of spend
and day-to-day purchases
·
Tailor cardholder spend on
goods and services to suit
individual requirements
·
Set single transaction and
monthly spending limits for
a greater level of control
·
Optional merchant category
blocking available, at company
or cardholder level
·
Greater visibility of spend
across all cardholders
Simple online account
management tool
·
Amend individual card limits
within overall organisation limit
·
Update personal details
·
Easily extract transaction data
·
View online statements
·
Manage on the move, access
via URL
·
Control access for audit
purposes
The Unity Corporate MultiPay Card
costs £3 per month. There is a £50
one off fee to set up the account for
new customers. A full tariff can be
found on our website. Terms and
Conditions apply.
INTRODUCING
UNITY CORPORATE
MULTIPAY CARD