On Jun 4, 2014 2:19 PM, "Roan Kattouw" <roan.kattouw(a)gmail.com> wrote:
> The reason people are cautious about giving out
bank details is because
of things like this:
http://www.museumofhoaxes.com/hoax/weblog/permalink/clarksons_account_gets_…
...
Wow. That's really bad. I'm surprised the center of the financial
universe
doesn't have a better system. Publishing bank details is common in
.nl and direct debit fraud is rare (and harshly punished).
In the US, and I guess other countries too you can get accounts that are
not used for making payments at all (just receiving funds) so you don't
have to worry as much about publishing the number. I think those are mostly
used for big operations like a major charity. I guess then there's a set,
unpublished whitelist of places that account cab transfer out to.
Also, in the US there is software that automatically removes or crops
account/routing #s from check images. (e.g. what you get on a paper receipt
on making a check deposit at an ATM. they give 3 options on screen for
receipt: none, with images, without images) (I wonder if this mandated
somehow?)
-Jeremy