Would you reveal your bank details in public?

chambta

grumbler wrote: »

In fact, it's next to impossible to trace the person who sets up a DD to some company.

As I said above, I can imagine a fraudster setting up a charity, then setting small DD payments to this charity from random accounts. Yes, 99% of them will be cancelled, but 1% will slip unnoticed and will keep draining accounts for years.

Not to mention people that can set up fraudulent DDs for fun or revenge.

The system is fundamentally flawed.

If it's so easy how often has it happened?

It's much harder than you seem to think to be able to become a d/d originator.