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Bank details for transfer from "random stranger"

ScottyCK
Posts: 3 Newbie
I am owed money but as I am unable to receive payment physically (distance), I have been asked for my account details so that a transfer can take place. What information can I give without compromising bank/security? Is it safe to give somebody the sort code and account number?
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Comments
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The usual trope is that sort code and account number are printed on every cheque that you'll have written, so it's probably appropriate to give these details to somebody you trust and know, who has a legitimate reason to (re)pay into your account, but unlikely to be advisable to supply them to a "random stranger"....
It's also traditional to cite the old tale of Jeremy Clarkson doing this: http://news.bbc.co.uk/1/hi/entertainment/7174760.stm0 -
As already mentioned you shouldn’t have any issues if you give your sort code and account number. An alternative option would be to use Paym which involves you assigning your mobile number to your bank and the payer then paying money to that number through their bank.
Presuming that they already have your number in their phone and use an app for banking this would eliminate the chances of mistyping the details.
I’ve only used this system once but it went through very smoothly. I have a recollection that the beneficiary’s name was displayed during the process so the chances of error are minimal. I think that it might take a day or two between registering your number and it becoming active.0 -
You may well have a lot of issues if you receive money by bank transfer from someone and that someone happens to be using fraudulently obtained money to pay you.0
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If you don't want to part with your sort code/acct no, there are alternatives. PAYM has already been mentioned, Paypal is another, or you could ask for a cheque.
But why does a random stranger want to send you money?0 -
The usual trope is that sort code and account number are printed on every cheque that you'll have written, so it's probably appropriate to give these details to somebody you trust and know, who has a legitimate reason to (re)pay into your account, but unlikely to be advisable to supply them to a "random stranger"....
It's also traditional to cite the old tale of Jeremy Clarkson doing this: http://news.bbc.co.uk/1/hi/entertainment/7174760.stm
It was obvious something like that would happen with such a stunt. You can set up DDs to charities and others online without any proof that you're the account holder, which is why the DD guarantee exists. It was just someone wanting to prove him wrong, rather than someone wanting to steal his money.
If someone wanted to pay me something I'm owed, and no suspicious circumstances, then I wouldn't hesitate to give my account details.0 -
I'm with colsten. Why are you owed money by a random stranger?urs sinserly,
~~joosy jeezus~~0 -
Clarkson probably got the BBC to reimburse him.0
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What will you do if we say it's safe?
What will you do if we say it is not safe?I am owed money but as I am unable to receive payment physically (distance), I have been asked for my account details so that a transfer can take place. What information can I give without compromising bank/security? Is it safe to give somebody the sort code and account number?0 -
What is the money in exchange for ?
Have you sold something ?
Doesnt involve bitcoin does it ?
I wouldnt do this myself unless I trust.0 -
The money was to pay for a broken wing mirror (not broken by a car, non-driver culprit which is why insurance was not involved).0
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