Question 1

What is the "ATM Skimming and PIN Theft" scam in Montreal?

Accepted Answer

Card skimming devices are installed on ATMs in tourist-heavy areas of Montreal to capture card data, while tiny cameras or shoulder-surfing accomplices record PIN entries. Fraudsters use the stolen data to clone cards and drain accounts. ATMs near major tourist corridors — particularly those on standalone kiosks rather than inside bank branches — are most frequently targeted. This is a documented and ongoing concern across Canadian cities including Montreal. Use ATMs inside bank branches during business hours rather than standalone kiosks on the street. Shield the keypad with your other hand when entering your PIN. Check for loose or misaligned card readers before inserting your card. Monitor your account immediately after using any ATM and report suspicious charges to your bank promptly.

Question 2

What is the "Unlicensed Street Currency Exchange" scam in Montreal?

Accepted Answer

Individuals approach tourists in Old Montreal and near major hotels offering to exchange foreign currency at rates better than banks. The actual transaction involves sleight of hand — bills are miscounted, low-denomination notes are inserted into the middle of a stack, or currency from a lower-value country is mixed in. Tourists only discover the shortfall later. This scam targets visitors who arrive without Canadian dollars and are anxious to get cash quickly. Never exchange currency with individuals on the street. Use your bank card at an ATM for the best rates, or go to a licensed exchange bureau or major bank branch. In Montreal, reputable licensed exchanges are found downtown on Rue Ste-Catherine and in the Underground City. Always count your bills carefully before walking away from any exchange.

Money & ATM Scams in Montreal

ATM Skimming and PIN Theft

Unlicensed Street Currency Exchange

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