Would you reveal your bank details in public?

chambta

citricsquid wrote: »

01-08-32, 54267536.

I might send you a penny with an offensive reference on for a laugh.

colsten

robatwork wrote: »

I think I speak for us all colsten in requesting pictures of your garden pond.

Give me one, just one, good reason why I would want to even contemplate sharing any pictures of anything, or other information, that belongs to me with strangers on the internet. When posting your response, please bear in mind that that this is not about your nosiness but about the benefits to myself, and that I, and I alone, will be the judge of whether the benefits are of any value to me.

Consider the same might also apply to yourself, and everybody else, too.

grumbler

colsten wrote: »

Give me one, just one, good reason why I would want to even contemplate sharing ... information, that belongs to me with strangers on the internet.

Consider the question to be purely academic.
Let's say you think about sharing your bank account details because for some reason you want and can receive money from strangers. This is supposed to be safe, but in reality isn't.
Another scenario is that sometimes you have to share your bank details with strangers by billing them or paying them by a cheque. What if some stranger starts sharing your bank details over the internet?

brendon

Here are my details. Please send me as much as you like:

1GKFfHrnVH5nq4vjpaV5V5EXq25EgKqJ8Z

colsten

grumbler wrote: »

Another scenario is that sometimes you have to share your bank details with strangers by billing them or paying them by a cheque. What if some stranger starts sharing your bank details over the internet?

I have given my sort code and account number, either directly or via cheques or via my debit card to more people over the years than some of the scaremongerers have had hot meals. Tens of millions of other people have been doing the same, so sort code and account numbers have probably been exchanged freely billions of times.

Despite all this, there is no evidence of people publishing those bank details maliciously, or even casually, on the internet, presumably because there's just about no point in doing so. Not sure what anyone would achieve by publishing sort codes and account numbers.

robatwork

colsten wrote: »

Tens of millions of other people have been doing the same, so sort code and account numbers have probably been exchanged freely billions of times.

Despite all this, there is no evidence of people publishing those bank details maliciously, or even casually, on the internet, presumably because there's just about no point in doing so.

But you're uneasy about doing so, as are most on this public forum. Indeed if someone you had sent/received a payment to/from did so, you would be upset with them. That means inherently you don't *really* trust the bank systems.

mgdavid

robatwork wrote: »

But you're uneasy about doing so, as are most on this public forum. Indeed if someone you had sent/received a payment to/from did so, you would be upset with them. That means inherently you don't *really* trust the bank systems.

no it doesn't - I think you're missing the point.
As has already been said, accounts cannot be hacked or compromised with just the knowledge of the sort code and account number but a DD could be set up and money withdrawn which will then be refunded as soon as found out, as in the Clarkson case. It's not a matter of upset or trust, just the inconvenience AKA hassle involved, one would rather not do it if it is easily avoided or the risk minimised.
See posts #11 & #23.

colsten

robatwork wrote: »

But you're uneasy about doing so, as are most on this public forum. Indeed if someone you had sent/received a payment to/from did so, you would be upset with them. That means inherently you don't *really* trust the bank systems.

I am not uneasy doing so, and I don't harbour any inherent distrust in the current and savings accounts system.

robatwork

mgdavid wrote: »

no it doesn't - I think you're missing the point.
As has already been said, accounts cannot be hacked or compromised with just the knowledge of the sort code and account number but a DD could be set up and money withdrawn which will then be refunded as soon as found out, as in the Clarkson case.

I don't think you're right here. To setup a DD you also need the person's correct name which you wouldn't have from a forum.

reclusive46

robatwork wrote: »

I don't think you're right here. To setup a DD you also need the person's correct name which you wouldn't have from a forum.

The name isn't generally checked.