Skip to content
Licensed deposit bank Mon–Fri, 8:00am – 5:00pm

Security is the product

A bank is only as good as the trust it keeps. Here is exactly how we protect your money and your data.

Defence in depth, by default

01
Encryption

TLS in transit and AES-256 at rest. Sensitive fields are encrypted at the application layer.

02
Multi-factor auth

A second factor is required on sign-in, with device tracking and full login history.

03
Continuous monitoring

Transactions and sessions are screened in real time for anomalies and known fraud patterns.

04
Audited ledger

Every transaction writes an immutable audit record — nothing changes without a trace.

Fraud prevention

We assume the worst so you don't have to

Our systems are built to slow down fraud and speed up legitimate banking. If something looks wrong, we hold it, alert you, and give you the controls to act in seconds.
  • Step-up verification for high-value transfers
  • Instant card freeze and per-channel limits
  • Rate limiting and lockout on suspicious sign-in attempts
Unusual sign-in blocked from new device
High-value transfer held for verification
Card frozen instantly from the app

How you can protect yourself

PaalBank will never ask for your password, PIN or full card number by phone, email or SMS.

Keep credentials private

We will never ask for your password or one-time code. Anyone who does is not PaalBank.

Verify the channel

Type the address yourself and check for the padlock. Do not follow links in unexpected messages.

Read your alerts

Every credit, debit and sign-in triggers an alert. If you did not do it, tell us immediately.

Use a strong, unique password

Combine length and unpredictability, and never reuse your banking password elsewhere.

Think something's wrong? Act now.

Time matters with fraud. Reach our security desk directly, 24 hours a day.

Security hotline
+234 700 PAALBANK
Report fraud
security@paalbank.com