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Posted by Jerry Stuckle on 09/28/43 12:01
Anonymous wrote:
> 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!
>
Very true. I use this every month when I pay bills. tell the company
I'm paying the account number, etc., and the amount I wish to pay and
they get the money from my bank account.
--
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Jerry Stuckle
JDS Computer Training Corp.
jstucklex@attglobal.net
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