Co Operative bank switching offer

pphillips

Are Co Op having a laugh with the criteria for their latest switching offer?

"You’ll need to provide your friend with your full name, the sort code and account number of your current account and your email address."

Daliah

pphillips said:

Are Co Op having a laugh with the criteria for their latest switching offer?

"You’ll need to provide your friend with your full name, the sort code and account number of your current account and your email address."

What do you think is the issue with this? It's information that has been printed on billions of cheques for decades.

glennevis

Maybe the coop thought it was a way of ensuring referrals are of genuine friends and not some social media stranger you've never actually met.

How could that possibly go wrong :-(

pphillips

Daliah said:

pphillips said:

Are Co Op having a laugh with the criteria for their latest switching offer?

"You’ll need to provide your friend with your full name, the sort code and account number of your current account and your email address."

What do you think is the issue with this? It's information that has been printed on billions of cheques for decades.

Exposing yourself to the risk of fraud! The more personal information you have to give out, the greater the risk.

Daliah

pphillips said:

Daliah said:

pphillips said:

Are Co Op having a laugh with the criteria for their latest switching offer?

"You’ll need to provide your friend with your full name, the sort code and account number of your current account and your email address."

What do you think is the issue with this? It's information that has been printed on billions of cheques for decades.

Exposing yourself to the risk of fraud! The more personal information you have to give out, the greater the risk.

Like tens of millions of people exposed themselves to risk of fraud every time they wrote a cheque? What sort of fraud did you have in mind? If the Jeremy Clarkson type hoot, this has been comprehensively debunked as a serious risk for the umpteenst time only the other day on this forum

General_Grant

Daliah said:

pphillips said:

Are Co Op having a laugh with the criteria for their latest switching offer?

"You’ll need to provide your friend with your full name, the sort code and account number of your current account and your email address."

What do you think is the issue with this? It's information that has been printed on billions of cheques for decades.

Never had a cheque with my email address on it.
And not my full name either.

pphillips

Daliah said:

pphillips said:

Daliah said:

pphillips said:

Are Co Op having a laugh with the criteria for their latest switching offer?

"You’ll need to provide your friend with your full name, the sort code and account number of your current account and your email address."

What do you think is the issue with this? It's information that has been printed on billions of cheques for decades.

Exposing yourself to the risk of fraud! The more personal information you have to give out, the greater the risk.

Like tens of millions of people exposed themselves to risk of fraud every time they wrote a cheque? What sort of fraud did you have in mind? If the Jeremy Clarkson type hoot, this has been comprehensively debunked as a serious risk for the umpteenst time only the other day on this forum

I wouldn't really know about that, I haven't written a cheque for almost 10 years.
So are you saying that it's completely safe to give out all this info?

Daliah

pphillips said:

I wouldn't really know about that, I haven't written a cheque for almost 10 years.

You might not have written cheques but tens of millions of people did. How many of them where victims of fraud because of it?

pphillips said:

So are you saying that it's completely safe to give out all this info?

It's not more of a risk than getting run over by a car every time you leave the house.

You still haven't articulated what sort of risk you have in mind by acting as the referrer for the COOP offer. May be I am missing something obvious, or not so obvious?

pphillips

Daliah said:

pphillips said:

I wouldn't really know about that, I haven't written a cheque for almost 10 years.

You might not have written cheques but tens of millions of people did. How many of them where victims of fraud because of it?

pphillips said:

So are you saying that it's completely safe to give out all this info?

It's not more of a risk than getting run over by a car every time you leave the house.

You still haven't articulated what sort of risk you have in mind by acting as the referrer for the COOP offer. May be I am missing something obvious, or not so obvious?

The risk of this information getting into the wrong hands once you give up control of it. Some of it may be more useful to fraudsters, but I don't profess to know what they could do with it.

Aidanmc

pphillips said:

Are Co Op having a laugh with the criteria for their latest switching offer?

"You’ll need to provide your friend with your full name, the sort code and account number of your current account and your email address."

The email address is not required, it's optional.

Daliah

pphillips said:

Daliah said:

pphillips said:

I wouldn't really know about that, I haven't written a cheque for almost 10 years.

You might not have written cheques but tens of millions of people did. How many of them where victims of fraud because of it?

pphillips said:

So are you saying that it's completely safe to give out all this info?

It's not more of a risk than getting run over by a car every time you leave the house.

You still haven't articulated what sort of risk you have in mind by acting as the referrer for the COOP offer. May be I am missing something obvious, or not so obvious?

The risk of this information getting into the wrong hands once you give up control of it. Some of it may be more useful to fraudsters, but I don't profess to know what they could do with it.

Short of mimicking the Jeremy Clarkson hoot, or sending large amounts of money to you, there's nothing a fraudster could do with your name, sort code and account number. In either case, you can take action.

Anyway, the likelihood of anything happening is as remote as you being hit by a car when you leave your house. Plus, you wouldn't refer two total strangers, would you. Not any more than deliberately running into the path of an oncoming car so that it can hit you........