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Re: Getting Paid from Abroad as a PHP Developer

Posted by Anonymous on 09/28/27 12:01

The Natural Philosopher wrote:

> Its not possible to drain your account just knowing the sort codes and
> account number. Check with your bank, but normally only YOU can
> authorize outward transfers.
>
> Either by some telephoned shared secret, your physical signature, or
> some kind of PIN.

In theory you are right. However, banks don't check authorization too
well and rely on their customers to tell them when a charge has been
fraudulently made.

In practice it is possible to take any amount of money from a bank
account just using the account number.

http://news.bbc.co.uk/1/hi/entertainment/7174760.stm

Bye!

 

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