Bank Tranfer Help! - HotUKDeals
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Bank Tranfer Help!

rfclewisrfc Avatar
6y, 3w agoPosted 6 years, 3 weeks ago
Is bank transfer safe? What do the buyer need to know, (been told its account number and sort code) if so money can be taken out ?

Please get back to me rfclewisrfc
rfclewisrfc Avatar
6y, 3w agoPosted 6 years, 3 weeks ago
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banned#1
money can be put in with them details but not taken out.

Yes, just Accnt no and sort code is all they need and also say which bank your with.

Edited By: DangerGod on Nov 08, 2010 20:18: .
#2
yes it safe i use it all time on here i send name of bank ur name and sortcode and obviously bank account number :)
1 Like #3
I am needing your bank number and sorts code


http://www.306gti6.com/forum/attachments/5680_fonejacker.jpg
#4
On 7 January 2008, Jeremy Clarkson found himself the subject of direct debit fraud after publishing his bank account and sort code details in his column in The Sun to make the point that public concern over the 2007 UK child benefit data scandal was unnecessary. He wrote, “All you'll be able to do with them is put money into my account. Not take it out. Honestly, I've never known such a palaver about nothing”. Someone then used these details to set up a £500 direct debit to the charity Diabetes UK. In his next Sunday Times column, Clarkson wrote, “I was wrong and I have been punished for my mistake.″[3] Under the terms of the direct debit guarantee, the payment should have been returned. It is not known whether Diabetes UK have honoured their obligation.? dont know wether to accept bt or not
#5
Every time you pay with a cheque the account number and sort code are on there. If it were possible to draw money just with these details I think there would be loads and loads of cases we would have heard about.
#6
dcx_badass
It is possible to set up direct debits with that information.


but you're covered under the direct debit guarantee ;)
#7
What is the DD guarantee if u wldnt mind helping me
#8
rfclewisrfc
What is the DD guarantee if u wldnt mind helping me

The Direct Debit Guarantee is offered by all banks and building societies that take part in the scheme and is as follows:

"The Guarantee is offered by all banks and building societies that accept instructions to pay Direct Debits.

If there are any change to the amount, date or frequency of your Direct Debit the organisation will notify you (normally 10 working days) in advance of your account being debited or as otherwise agreed. If you request the organisation to collect a payment, confirmation of the amount and date will be given to you at the time of the request
If an error is made in the payment of your Direct Debit, by the organisation or your bank or building society, you are entitled to a full and immediate refund of the amount paid from your bank or building society
If you receive a refund you are not entitled to, you must pay it back when the organisation asks you to
You can cancel a Direct Debit at any time by simply contacting your bank or building society. Written confirmation may be required. Please also notify the organisation. "

and whilst, yes, in theory someone could set up a DD on your account with the sort code and account number is is unlikely to happen; organisations who take such details over the phone are required to authenticate the person in some way (i.e. credit check against address given) paper mandates which are sent out are always signed, so your signature wouldn't match if money was taken out without your consent

Therefore, you are covered if money goes out by DD hwich shouldn't
#9
Just to warn you that money can be lost and take ages to trace
#10
Just to warn you that money can be lost and take ages to trace
#11
Just to warn you that money can be lost and take ages to trace
#12
keluar
Just to warn you that money can be lost and take ages to trace

Can I ask where you have got this information from? To the best of my knowledge a payment has never been lost via bacs or faster payments, the only reason this would happen is if the sender put the wrong account details on and then went to their bank to ask for help to 'trace' the funds - in any case, the money has not been lost, it is fully traceable via the sending bank

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