If i give someone my bank account and sort code to put money in...is that safe?

LegacyUser

I am just wondering if that is safe? I am selling some items on the site and just want to know.

axer

yep, there is no problem with giving that info to people. There is nothing they can do with it.

LegacyUser

Oh excellent.

aidan_walsh

axer wrote:

yep, there is no problem with giving that info to people. There is nothing they can do with it.

Apart from put money in it

maccydoodies

Sorry to butt in but there is no way on this planet that i would give my bank details to anybody, ever. Not only can they put money in but some fraudsters(?) make a living out of this. I think some people might agree with me.

techguy

maccydoodies wrote:

Sorry to butt in but there is no way on this planet that i would give my bank details to anybody, ever. Not only can they put money in but some fraudsters(?) make a living out of this. I think some people might agree with me.

Just curious, not questioning your knowledge but how do some people make a living out of this?

2 Espressi

what about the nigerian email scam? doesn't use your details in some nefarious manner?

DrIndy

No, they need much more information to con a bank such as your pin code or your signature.

The big scams involve filling out pages of data such as address and mothers maiden name etc.....

Remember if you phone a bank, they ask you a few verification questions such as date of birth and other bits and bobs.

So long as they have nothing but your account and sort code, its tricky to much with it.

ibanez

Your details could be used for direct debit on someone elses bills.

DrIndy

signature is needed. just give:

name
bank a/c
sort code

they need a signature for the rest.....

colm_c

ibanez wrote:

Your details could be used for direct debit on someone elses bills.

The bank will need your name and address that you hold with the bank and a signature to set up any direct debit

kasintahan

It's safe. Much safer than handing the guy in the shop your credit card.

Hitchhiker's Guide to...

Why don't you post up your bank account details; and we'll all see if we can get money out of your account ??!!

ibanez

colm_c wrote:

The bank will need your name and address that you hold with the bank and a signature to set up any direct debit

Neither Eircom or Esat Bt ask for a signature to set up direct debit.

dendenz

cheesedude wrote:

I am just wondering if that is safe? I am selling some items on the site and just want to know.

Sorry but this is an incredibly stupid question to ask on a public discussion forum. Why not phone the bank???

John R

It SHOULD be safe but some people who work in banks have been known to do some really stupid things so there is always the possibility of a scam working.

If you want to be extra careful then open a second basic account with no overdraft facility, most banks will do this with minimum fuss. Use this for any incoming payments and immediately withdraw the money, that way even a successful scam would just be bounced because the account is empty.

RainyDay

Everybody that you've ever paid by cheque has your account number & sort code. It is pretty useless on its own.

LegacyUser

Yeah good point rainyday.

DrIndy

Roundtower2 wrote:

Why don't you post up your bank account details; and we'll all see if we can get money out of your account ??!!

LOL!

I'll give it a shot!

I am a nigerain prince.

Please tell me your name, account number, sort code, address, date of birth, mothers maiden name, phone number, work phone number, home phone number and a copy of your previous bank statement.

Please scan your sig and credit card and bank bill and post them here.

LegacyUser

DrIndy wrote:

LOL!

I'll give it a shot!

I am a nigerain prince.

Please tell me your name, account number, sort code, address, date of birth, mothers maiden name, phone number, work phone number, home phone number and a copy of your previous bank statement.

Please scan your sig and credit card and bank bill and post them here.

PM Sent. Can you pm me your email address? I want in...

axer

If someone sets up something i.e. a direct debit out of your account etc using those details, then they would need a signature etc which they obviously wouldnt have or would not be the same. If eircom set it up without these then they are stupid and liable if it turns out to be fraudulant. So from what i can see there is no problem with this and as kasintahan said its alot safer than handing your credit card to a cashier. But obviously ask the bank too.

seamus

If you have any enemies or aquaintances with a lot of dodgy cash, don't let them get a hold of it.

Tis quite possible to walk into a bank, deposit €1,000,000 of dodgy money into someone else's account and walk away.

I'd say most people are far too intent on working out a way of keeping the cash and not getting caught as opposed to just wiping their hands.

AARRRGH

It's safe. But like everything else, someone could possibly do something nasty, like use it for an eircom dd.

If you lock your bike against a pole is it safe? Sure, until some ****er comes along with a saw.

Everything *normal* in life is safe, but only up to an extent.

dendenz

dublindude wrote:

It's safe. But like everything else, someone could possibly do something nasty, like use it for an eircom dd.

If you lock your bike against a pole is it safe? Sure, until some ****er comes along with a saw.

Everything *normal* in life is safe, but only up to an extent.

thats a good point!

John2002

I wouldn't risk putting any bank details up on a public forum.

In fact, on boards, I've even seen somebody's bank details posted who has the same name as me. What's to stop me going into the bank, filling out the withdrawl forms and presenting my passport as ID? I don't think the banks would go to the bother of writing down my passport no. or checking to see if my DOB was the same as the owner of the account I was attempting to withdraw money from.

Maybe I'm wrong.

axer

well you would have cctv, signature etc. to prove it wasnt actually you.

John2002

CCTV, fair enough, I'd be gone quickly though. Maybe I'd get to see myself on crimeline

Can't imagine banks having a copy of the real bank account owner's signature to verify against my fraudulent one though. My guess is that would show up in the later investigation into the missing funds.

Hobbes

kasintahan wrote:

It's safe. Much safer than handing the guy in the shop your credit card.

No its not. If your credit card details are stolen, then you tend to get your money back.

Someone forge your signature or have other information to get the money can do it.

TheMonster

How many times when you withdraw money has the bank actually checked the signature.

I know in BOI you need ID for large amounts and they will only accept Passport or Drivers license.(Funnily enough the next day when I had them I didn't get asked)

Better to be safe then sorry, if its more then once off set up a special account in Permanent TSB - no charges(allegedly) and don't leave much cash in it.