NEWS & ADVICE : CREDIT CARDS
Terrorist possessed credit cards issued by Indian Banks
By Ankit Sharma
Dec 2, 2008
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The terrorist who carried out blatant attacks in the Mumbai city possessed credit cards of the Indian banks. Mumbai police that recovered cards of several banks from the terrorist is soon going to contact the banks in this regard.

Cards issued by ICICI Bank, HDFC Bank, HSBC, Axis Bank, and State Bank of Mauritius have been found from these terrorist and handed over to the Mumbai police. A marine commando engaged in the action informed that seven credit cards and an identity card issued in Mauritius were retrieved.

The commando said, "We found a purse in a bag in which there was a Mauritian government identity card, seven credit and debit cards of banks like HSBC, HDFC Bank and ICICI Bank and cash worth Rs 6,840. We have given all the details to the police." However the commando did not disclose details relating to the identity card and bank documents that were discovered there.

The credit card companies on whose name the cards are issued promised that they will fully co-operate in the investigation held by the police. An executive from one of the banks said, "It is something where everyone will do their bit. We have not been contacted by any authority regarding the details of the credit cards used by the militants. If you notice carefully, the photo identities of the credit cards are on the top of right side of the cards, which are not issued by any bank in India. Also, there is a possibility that these could be genuine customers' credit cards who visited the hotel before the attack."

An executive with ICICI Bank told, "The bank immediately blocks the cards once reported lost or stolen by the card holders. If the police contact us for any information, we will act as per their orders."

However an expert told that out of the 16-digit number printed on the card, first four digits can easily tell the origin and issuing details of a card. Also all the transactions made in the past can also be traced through this 4-digit number. "ICICI Bank credit cards are centrally processed. With the help of the numbers on the cards, it can be easily found out where, when and to whom these cards have been originally issued," said the expert.

HSBC Bank is also not confirmed if they have issued the cards to the terrorist. An executive from the bank said, "In case the cards were issued by us, the police will contact us. If at all any of our bank's card is found, we have to see how much information we can share with the public since these are extremely sensitive investigations."

The attack has created havoc in the city following which many banks remained closed on Thursday, especially in the area surrounding the terror attack.

 


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