Just been doing a bit of safe-cracking.
I'm sure all banks say they require the account-holder's express consent before dispensing funds from the account. What matters is how good they are at making sure that it is the account-holder who is consenting, and not an imposter; and what action they would take if funds WERE removed fraudulently.
In the UK, a bank will normally replace any money taken from a personal account by fraud. That may not be the case in the USA.
In my experience, most people who are wary of giving out their account numbers are quite happy to make payments by cheque. Possibly they think the recipients are incapable of reading an account number from a cheque.
My take on Mark's dilemma is that the chance of his buyer being a conman, whilst finite, is pretty remote. Over a lifetime, Mark is likely to be a richer man by taking risks like this, even if he gets caught out one time in ten thousand, than he would be if he avoided such risks.
John
On Thu, 17 Mar 2005 13:09:51 +0000, Cotty <[EMAIL PROTECTED]> wrote:
On 17/3/05, Shel Belinkoff, discombobulated, unleashed:
I'm not going to post the techniques used, but it's VERY easy.
Interesting. Perhaps security levels differ from country to country? I understand that it is not possible to withdraw money from a UK bank account without express consent from the account holder.
Where's John Forbes when you need him ;-)
Cheers, Cotty
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