Bank Account numbers ??

jackdaw

Didn't know where to post this , but its about bank account no's.
Watching those fonejacker clips .. where the guy would ring people
asking them for BA details + SORT code ,
We all know there were emails like this doing the rounds years back
(maybe they still are)
My question is if they have a BA number surely all they can do is deposit money?
you can't make a withdrawal without some sort of PIN ?

There are numerous orgs that publish their BA numbers and SORT codes
so people can pay them ...

so how come the scammers don't clean these accounts out ??

mcauley

I've wondered this myself too? Someone must have answers!!

jackdaw

PErhaps banks in Nigeria don't require a pin to withdraw ???

Maple

requests to move money have to be signed by an authorised signatory for the account.

zuutroy

I think thats part of the joke. He requests details that he can do absolutely nothing with and people dont cop on and are still outraged.

L1011

maple wrote:

requests to move money have to be signed by an authorised signatory for the account.

But banks rarely check signatures, otherwise I'd never have got a bank account/car loan/credit card, etc with my dyspraxic never-twice-the-same spidercrawl of a signature.

Maple

MYOB wrote:

But banks rarely check signatures, otherwise I'd never have got a bank account/car loan/credit card, etc with my dyspraxic never-twice-the-same spidercrawl of a signature.

i was answering his point about organisations that publish their account numbers/sort codes so people can pay them. He wanted to know how they weren't fleeced by scammers.

Ordinary Joe Soap banks aren't the greatest in requesting ID's.

Rob_l

maple wrote:

i was answering his point about organisations that publish their account numbers/sort codes so people can pay them. He wanted to know how they weren't fleeced by scammers.

Ordinary Joe Soap banks aren't the greatest in requesting ID's.

isn't all you need is a bank account number sort code and account name to setup standing orders
then just create one for say fifty euro a week

BC

You used to be able to walk into a bank, fill out a form and withdraw the money. As long as you had the a/c number and it was the branch the account was in (hence the sort code).

Now the banks usually ask for ID but you certainly don't need a pin.

Maple

Rob_l wrote:

isn't all you need is a bank account number sort code and account name to setup standing orders
then just create one for say fifty euro a week

not too sure on policy with ordinary banks. but usually they ask you some security questions before setting it up.

Heln

Do you not have to sign some sort of form like a direct debit mandate?

patrickc

jackdaw wrote:

Didn't know where to post this , but its about bank account no's.
Watching those fonejacker clips .. where the guy would ring people
asking them for BA details + SORT code ,

in phonejackers last night the guy gave him the bingo no's from the paper

Hobbes

doubtful it was bingo numbers.

The scam works like this.
- They get your bank details.
- They open an account with the bank.
- Offer a job where a person has only to transfer money from a bank account via wire for a percentage.
- Transfer all other accounts to that account.
- Sucker wires the money.
- Sucker gets shown on COPS.

Banks have a number of ways to combat this now. For example they track spending/money movement habits of customers.

Before though as long as you didn't close the account it would be possible to walk in and withdraw money without ID.

Capt'n Midnight

The variation I heard was that getting the account info was just a way to confirm the phish had taken the hook, line and sinker.

Terry

My account number is 0000003.
Damn Monty Burns.

patrickc

Hobbes wrote:

doubtful it was bingo numbers.

The scam works like this.
- They get your bank details.
- They open an account with the bank.
- Offer a job where a person has only to transfer money from a bank account via wire for a percentage.
- Transfer all other accounts to that account.
- Sucker wires the money.
- Sucker gets shown on COPS.

Banks have a number of ways to combat this now. For example they track spending/money movement habits of customers.

Before though as long as you didn't close the account it would be possible to walk in and withdraw money without ID.

well it showed sum1 reading them off a newspaper

Capt'n Midnight

Terry wrote:

My account number is 0000003.
Damn Monty Burns.

and yore ma's name is ?