Can someone take money out of my a/c?

pana37

Hi all someone hit my wifes car and wants to pay cash without going through their insurance.
Thing is he wants to pay into my bank a/c he wants a record of payment.

Will they be able to take Money out later stage with my name, sort code and a/c details?

Thanks in advance.

pmduk

No, he's asking for exactly the same details that you'd provide him with if you gave him a cheque.

izools

No.

They can't withdraw money from your account knowing those details unless they know everything else abuot you can can provide photo ID when visiting a branch. You're safe.

Also keep in mind that these same details are on every single cheque you've written - name, account number, sort code

EDIT: PMDUK beat me to it

alanq

pmduk wrote: »

No, he's asking for exactly the same details that you'd provide him with if you gave him a cheque.

Maybe.
http://news.bbc.co.uk/1/hi/7174760.stm

pana37

Thanks for the quick replies if I had clarksons money I wouldn't be using this site, lol

ihateyes

pana37 wrote: »

Thanks for the quick replies if I had clarksons money I wouldn't be using this site, lol

the guy is being cautious.... he could give you cash in hand, you could then lodge a claim against him.... this ay for this guy here is a paper trail.

pana37

Yep just wanted to make sure thanks

Sceptic001

Why can't he give you a cheque? That would establish a paper trail.

jonesMUFCforever

Sceptic001 wrote: »

Why can't he give you a cheque? That would establish a paper trail.

Perhaps he does not have a cheque book with his bank account?
If so a bank transfer would be the easiest option for him and the least expensive.

pqrdef

Seems dodgy to me. When the money appears in your account, it could just be a loan he's taken out using your identity, giving your bank details for the DD to repay the loan.

Mojisola

Why can't you give him a receipt for cash with details of the amount and what it's being paid for?