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Electronic funds transfer / account security

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  • 26-07-2017 6:13pm
    #1
    Alibaba
    Registered Users Posts: 501 ✭✭✭


    Is it safe for me to give my account details to a third party , in order for them to do a funds transfer into my account. I'm sure they can't withdraw money from my account ? 


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    #2
    srsly78
    Registered Users Posts: 7,157 ✭✭✭srsly78


    Many invoices have bank details on them to facilitate payment, this is normal.


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    #3
    Bank of Ireland: Jane
    Closed Accounts Posts: 266 ✭✭Bank of Ireland: Jane


    Alibaba wrote: »
    Is it safe for me to give my account details to a third party , in order for them to do a funds transfer into my account. I'm sure they can't withdraw money from my account ? 
    Hi Alibaba,

    Thanks for your post. It is fine to provide a third party with your BIC and IBAN to transfer funds into your account. SEPA transfers require these details, to send a payment.

    Please let us know if you need anything else.

    Thanks again,
    Jane.


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    #4
    Alibaba
    Registered Users Posts: 501 ✭✭✭Alibaba


    Thanks Jane


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