Too many phone transactions? off to the Fraud dept

stclair

eskbanker wrote: »

Is that why they spend so much time holding transactions back by blocking them?

Haven't got a clue not my department :-D

Alls I know customers moan if they get blocked and then they also moan when the bank doesn't.

Dan83

When I opened my Barclays account (online) I had to answer 4 multiple choice questions about what accounts I opened, where I lived at such a date and something else, I thought it was standard with Barclays but it must of been a security thing

eDicky

Eco_Miser wrote: »

It's not paranoia if they are out to get you, and for the banks, both the government and the scammers are out to get them.

Just because they're really out to get you, it doesn't mean you're not paranoid! (Old '60s saying - was it Bob Dylan?)

Kernel_Sanders

Do these test checks count as a possible credit application on your file?

masonic

Kernel_Sanders wrote: »

Do these test checks count as a possible credit application on your file?

No, I've had to go through this line of questioning a couple of times and no search was recorded.

I believe financial institutions are able to subscribe to a live feed of credit information for their existing customers, which presumably is how this works.