Can I verrify bank account details to avoid fraud?

Tom99

Archi_Bald wrote: »

The bank can no more confirm the name of the account owner than you can yourself.

How can you confirm the account holder yourself, I don't think you can?

badger09

Tom99 wrote: »

How can you confirm the account holder yourself, I don't think you can?

Which is what Archi Bald said.

Tom99

badger09 wrote: »

Which is what Archi Bald said.

[FONT=Verdana, sans-serif]Yes I see now Archi Bald is saying that the Bank cannot confirm the account holder, but they can of course. You say to the bank does this Sort/Acct No belong to Joe Bloggs Motors.[/FONT]

agrinnall

Tom99 wrote: »

[FONT=Verdana, sans-serif]Yes I see now Archi Bald is saying that the Bank cannot confirm the account holder, but they can of course. You say to the bank does this Sort/Acct No belong to Joe Bloggs Motors.[/FONT]

Under what circumstances do you think they would say that? And would you be happy if I asked the same thing about your account? In either case the ICO would be all over it.

agrinnall

enthusiasticsaver wrote: »

I have always used my debit card when buying cars from our local dealers.

I asked this question on another thread yesterday but I don't think it has been answered yet: are car dealers still taking card payments of any sort, given that they can no longer charge for the card payment and will need to absorb the cost themselves into their profit margin (or find some other way of gouging the unsuspecting punter )?

Tom99

agrinnall wrote: »

Under what circumstances do you think they would say that? And would you be happy if I asked the same thing about your account? In either case the ICO would be all over it.

[FONT=Verdana, sans-serif]Well I can only say it worked for me when I wanted to check that the sort/acct/name for a solicitors account I had been given were correct. The bank were not giving me any information I did not already have, but confirming the information I had was correct.

[/FONT] [FONT=Verdana, sans-serif]If you were sending me £10,000 I would be very happy for you to double check you had the right details.[/FONT]

TheBanker

Euay wrote: »

I need to transfer a large amount of money to a bank acount to pay for a car. It's from a (reputable) dealership, and the salesman has sent me their account number and sort code.

How has he sent them? Never Ever Ever send money to an account number you've received by email or text message, without confirming the details in person or by phone. And if it must be by phone, ring them on a "known" number - not the one they give you in their email!

I know of a case where a solicitor's email address was spoofed, and someone sent their house deposit to a fraudster.