07 July 2020
It has come to the attention of the Bank of Mauritius that fake guarantees may currently be in circulation. These may include performance guarantees and advance payment guarantees purportedly issued by banks licensed by the Bank of Mauritius.
The matter has been referred to the relevant authorities for investigation. The Bank of Mauritius has requested banks to enhance the security features on such types of guarantees to prevent counterfeiting.
Members of the public are hereby advised to exercise caution when accepting such guarantees. In case of doubt, they may wish to liaise with the concerned banks.
A list of financial institutions duly licensed by the Bank of Mauritius is available on its website at https://www.bom.mu/financial-stability/supervision/licensees/list-of-licensees.
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