Is it safe giving away your bank details for the MM?

Bengaboy · 20 Oct 2008 at 17:42

When I say bank details - I mean account number and sort code, can anyone get access to my bank account with these or anything bad like that?

Just a bit dubious before I give some my details for a bank transfer

Thanks guys

Sinque · 20 Oct 2008 at 17:43

Aslong as you send a photocopy of your passport you should be fine.

And yes, you need those pieces of information to even do a bank transfer so obviously it's safe.

Bengaboy · 20 Oct 2008 at 17:44

Sinque said:
Aslong as you send a photocopy of your passport you should be fine.

And yes, you need those pieces of information to even do a bank transfer so obviously it's safe.

I thought that - but just want some reassurance

Happy · 20 Oct 2008 at 17:46

Always wondered this to

Dave M · 20 Oct 2008 at 17:48

Somebody could try to withdrawer money from your bank - but they'll have to fake your signature, and your bank should check.

They could also setup a direct debit, but only proper companies can take direct debits and you would be guaranteed to get it back.

Basically - quite hard for anybody to exploit, easy for you to dispute, and you do know every cheque has the same information on don't you?

Bengaboy · 20 Oct 2008 at 17:51

Telescopi said:
Somebody could try to withdrawer money from your bank - but they'll have to fake your signature, and your bank should check.

They could also setup a direct debit, but only proper companies can take direct debits and you would be guaranteed to get it back.

Basically - quite hard for anybody to exploit, easy for you to dispute, and you do know every cheque has the same information on don't you?

Spose your right, but bear in mind Im 18 and this kind of stuff is quite new to me, but thanks for giving me confidence in the system

chaparral · 20 Oct 2008 at 17:53

Sinque said:
Aslong as you send a photocopy of your passport you should be fine.

I never send anything to do with my passport went i have done bank transfers

Tee Hee Johnson · 20 Oct 2008 at 17:56

chaparral said:
I never send anything to do with my passport went i have done bank transfers

Think he was kiddin...

G-MAN2004 · 20 Oct 2008 at 17:58

chaparral said:
I never send anything to do with my passport went i have done bank transfers

Whooosh.

Sinque · 20 Oct 2008 at 17:59

chaparral said:
I never send anything to do with my passport went i have done bank transfers

Whoosh

uv · 20 Oct 2008 at 18:00

chaparral said:
I never send anything to do with my passport went i have done bank transfers

Oh come on now, you've been here for 3 years!

ryder · 20 Oct 2008 at 18:11

Of course it's safe.

Sinque · 20 Oct 2008 at 18:17

I'll prove it's safe. Just send me your details you'll see nothing will happen!

James07 · 20 Oct 2008 at 18:19

Sinque said:
Aslong as you send a photocopy of your passport you should be fine.

LOL

arknor · 20 Oct 2008 at 18:26

didnt jeremy clarkson say the same thing as all you lot and put his details in a newspaper column? someone signed him up for direct debit to some charity

http://news.bbc.co.uk/1/hi/entertainment/7174760.stm heres the story

chaparral · 20 Oct 2008 at 18:29

Vulcan · 20 Oct 2008 at 18:40

arknor said:
didnt jeremy clarkson say the same thing as all you lot and put his details in a newspaper column? someone signed him up for direct debit to some charity

http://news.bbc.co.uk/1/hi/entertainment/7174760.stm heres the story

...He never signed for it, so the banks money was stolen, not his.

Hedge · 20 Oct 2008 at 18:42

Its my preferred method of paying/being paid.

These days if you didnt do something yourself.. you can get your money back no problem!

Substance · 20 Oct 2008 at 18:44

I actually signed up for a direct debit for my car insurance the other day and all they needed to activate it was my name, address, sort code and account number,

Scary what you can do with so little information

Jonnycoupe · 21 Oct 2008 at 08:33

If you get sent a cheque you will have exactly the same details you need for a bank transfer, infact you have more as you can see their signature aswell.