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How to withdraw cash from bank?

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  • PBA
    PBA Posts: 1,521 Forumite
    kenshaz wrote:
    If you are happy to have your civil liberties reduced to draw out your own money ,fine,and your pass-port is not the same as a cheque
    How does this infringe your civil liberties? If you want to take money from a bank account you have to prove you are the owner of said account. Seems like sensible logic to me.
    kenshaz wrote:
    Who mentioned chip and pin
    Chip and PIN is very relevant here. Now that fraudsters have effectively been unable to use stolen cards in shops, they have started to rely on using them to get cash over the counter in banks. Therefore banks are relying on other forms of ID to verify a withdrawal.
  • kenshaz
    kenshaz Posts: 3,155 Forumite
    Part of the Furniture Combo Breaker
    PBA wrote:
    How does this infringe your civil liberties? If you want to take money from a bank account you have to prove you are the owner of said account. Seems like sensible logic to me.


    Chip and PIN is very relevant here. Now that fraudsters have effectively been unable to use stolen cards in shops, they have started to rely on using them to get cash over the counter in banks. Therefore banks are relying on other forms of ID to verify a withdrawal.
    Well how does it infringe your civil liberties if you are happy to have your personal documents,which give your next of kin ,DOB ,just to draw money out fine ,would you have your finger prints taken?
    [FONT=Arial, Helvetica, sans-serif]To be happy you need to make someone happy.[/FONT]
  • jonesMUFCforever
    jonesMUFCforever Posts: 28,898 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    kenshaz wrote:
    ID fraud ,how often does a fraudster walk into a branch pretend to be you and draw your money out ,with the cameras on him or her ,think not

    Quite often.
    Stealing money from an account is their occupation and knowing they are on film will and does not stop them trying!
  • regularsaver1
    regularsaver1 Posts: 4,930 Forumite
    it really annoys me when people get angry for bank staff asking security questions

    would you not rather that htne no questions at all?
  • kenshaz wrote:
    Well how does it infringe your civil liberties if you are happy to have your personal documents,which give your next of kin ,DOB ,just to draw money out fine ,would you have your finger prints taken?

    It infringes my liberties pretty extensively if my bank give my money out to someone else.

    BC
    Everyone needs something to believe in.

    I believe I need another beer.
  • kenshaz
    kenshaz Posts: 3,155 Forumite
    Part of the Furniture Combo Breaker
    ejones999 wrote:
    Quite often.
    Stealing money from an account is their occupation and knowing they are on film will and does not stop them trying!
    do you know the statistics or is it just a feeling
    [FONT=Arial, Helvetica, sans-serif]To be happy you need to make someone happy.[/FONT]
  • kenshaz
    kenshaz Posts: 3,155 Forumite
    Part of the Furniture Combo Breaker
    It infringes my liberties pretty extensively if my bank give my money out to someone else.

    BC
    Would you have your finger prints taken to draw your own money out?was the original question
    [FONT=Arial, Helvetica, sans-serif]To be happy you need to make someone happy.[/FONT]
  • kenshaz
    kenshaz Posts: 3,155 Forumite
    Part of the Furniture Combo Breaker
    it really annoys me when people get angry for bank staff asking security questions

    would you not rather that htne no questions at all?
    do you work in a bank?should the questions be asked in ear shot of all the other customers or perhaps privacy might be appropriate,after all they are only a bank ,not the government
    [FONT=Arial, Helvetica, sans-serif]To be happy you need to make someone happy.[/FONT]
  • kenshaz
    kenshaz Posts: 3,155 Forumite
    Part of the Furniture Combo Breaker
    The purpose of this site is to prevent the financial sector ,taking advantage of us the consumer for the benefit of their share holders ,they are protecting themselves not you,when they make you jump through hoops
    [FONT=Arial, Helvetica, sans-serif]To be happy you need to make someone happy.[/FONT]
  • kenshaz wrote:
    do you know the statistics or is it just a feeling

    It is, unfortunately, very much a reality. It is a very common exercise for fraudsters to present themselves at the bank and try to get money out of someone else's account. No amount of CCTV will stop them, it's what they do. And the advent of Chip and PIN has made it more prevalent, as you're less likely to be able to use someone else's card at a shop. I've had a number of years experience in the industry, and many years ago was told that fraud is like a balloon - squeeze it in one place and it will expand elsewhere.
    kenshaz wrote:
    Would you have your finger prints taken to draw your own money out?was the original question

    Didn't realise I was being polled :) but as you ask, I personally don't have a problem with it. If you're concerned about having to show ID today, you're really going to have fun when they start introducing biometrics. :D
    kenshaz wrote:
    do you work in a bank?should the questions be asked in ear shot of all the other customers or perhaps privacy might be appropriate,after all they are only a bank ,not the government

    I don't know if regularsaver1 does work in a bank and I suppose it's someone's own business whether they do or not. There are a lot of people who do work in the industry who post on here in their spare time as they believe they can help out. But I think it's reasonable that any security questions should be asked in a way that ensures privacy. If you don't believe that's happening at your bank, have a word with them - they're only human.
    kenshaz wrote:
    The purpose of this site is to prevent the financial sector ,taking advantage of us the consumer for the benefit of their share holders ,they are protecting themselves not you,when they make you jump through hoops

    Since when was "ensuring your money isn't given to a complete stranger" anything other than beneficial to customers? I would be livid if I thought my bank wasn't taking adequate steps to protect my money, surely that's reasonable of me? I don't consider banks are "taking advantage of us" by applying common sense where vast sums of cash are involved. There are many things in the financial services industry to get angry about, I actually don't think this issue is one of them.

    Believe me, I care passionately about the potential erosion of civil liberties, but your bank taking sensible steps to protect your money is not evidence of this.

    Big Brother may be out there, but he's not behind the counter at NatWest!

    Regards

    BC
    Everyone needs something to believe in.

    I believe I need another beer.
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