Paypal for receiving a largish sum

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Paypal for receiving a largish sum
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Nick

Joined: 02 Nov 2004
Posts: 34535
Location: Hereford

Posted: Wed Aug 28, 13 8:34 am Post subject:
Feh, a 20 second google search. I bet I made you younger, too, and ï¿½1 a month to the Tory party buys you youth that would cost you far more with L'Oreal.

Penny Outskirts

Joined: 18 Sep 2005
Posts: 23385
Location: Planet, not on the....

Posted: Wed Aug 28, 13 8:40 am Post subject:

Nick wrote:

Feh, a 20 second google search.

I bet I made you younger, too, and ï¿½1 a month to the Tory party buys you youth that would cost you far more with L'Oreal.

Why thank you. But still, there are any number of people who have my bank account and sort code, a lot of them on here, and none of those individuals can get money out of my account, without me either knowing about it by e-mail, or being able to get it back immediately from the bank.

Don't spread fear where none is required.

Nick

Joined: 02 Nov 2004
Posts: 34535
Location: Hereford

Posted: Wed Aug 28, 13 8:56 am Post subject:
I didn't need to provide your email, and, unless you check your statement every month, it can be done. I did, because I am not a complete bastard, NOT sign you up to offers and information from our carefully vetted organisations you may wish to hear from.

Penny Outskirts

Joined: 18 Sep 2005
Posts: 23385
Location: Planet, not on the....

Posted: Wed Aug 28, 13 8:58 am Post subject:

Nick wrote:

I didn't need to provide your email, and, unless you check your statement every month, it can be done.

I did, because I am not a complete bastard, NOT sign you up to offers and information from our carefully vetted organisations you may wish to hear from.

Yes, but an individual will still not be able to get money out of my bank account. Is that correct or not?

Nick

Joined: 02 Nov 2004
Posts: 34535
Location: Hereford

Posted: Wed Aug 28, 13 9:06 am Post subject:
Well, I am an individual. Let me know how it goes. I would agree that an individual might not be able to receive money from your bank account, but that's not the same thing. Last edited by Nick on Wed Aug 28, 13 9:07 am; edited 1 time in total

Penny Outskirts

Joined: 18 Sep 2005
Posts: 23385
Location: Planet, not on the....

Posted: Wed Aug 28, 13 9:07 am Post subject:
Ok, but no cheating and using a company. If you can get money out of my bank account using just my account number and sort code, I'll say sorry, and sue the banking industry.

Penny Outskirts

Joined: 18 Sep 2005
Posts: 23385
Location: Planet, not on the....

Posted: Wed Aug 28, 13 9:10 am Post subject:

Nick wrote:

Well, I am an individual. Let me know how it goes.

I would agree that an individual might not be able to *receive* money from your bank account, but that's not the same thing.

Ah now you're changing the definition and that's cheating. Money that I can't get back?

Nick

Joined: 02 Nov 2004
Posts: 34535
Location: Hereford

Posted: Wed Aug 28, 13 9:11 am Post subject:
It's not cheating. The question was, is it safe or not. It sounds like I've given the wrong address and postcode and date of birth, but the phone and email were simple to find, and I guessed at the account name. Be interesting to see if it passes the checks. It'll leave on the 1st Oct, I think.

Nick

Joined: 02 Nov 2004
Posts: 34535
Location: Hereford

Posted: Wed Aug 28, 13 9:13 am Post subject:

Penny Outskirts wrote:

Giving someone your bank account number, and sort code is a very standard thing to do, and there is nothing anyone can do with the details other than give you money.

Did I do something other than give you money? I am 'anyone'?

Penny Outskirts

Joined: 18 Sep 2005
Posts: 23385
Location: Planet, not on the....

Posted: Wed Aug 28, 13 9:15 am Post subject:

Nick wrote:

Penny Outskirts wrote:

Giving someone your bank account number, and sort code is a very standard thing to do, and there is nothing anyone can do with the details other than give you money.

Did I do something other than give you money? I am 'anyone'?

Sorry?

Nick

Joined: 02 Nov 2004
Posts: 34535
Location: Hereford

Posted: Wed Aug 28, 13 9:17 am Post subject:
Sorry. I meant, I am 'anyone', not someone special, with magic powers.

Penny Outskirts

Joined: 18 Sep 2005
Posts: 23385
Location: Planet, not on the....

Posted: Wed Aug 28, 13 9:19 am Post subject:

Nick wrote:

It's not cheating. The question was, is it safe or not.

It sounds like I've given the wrong address and postcode and date of birth, but the phone and email were simple to find, and I guessed at the account name. Be interesting to see if it passes the checks. It'll leave on the 1st Oct, I think.

Well it won't because I've already stopped it. The question was in the case of giving an individual your bank details, was that safe, as in could they take money for their own use from your bank account.

The answer is no they can't. They may try and donate to the Conservative party in your name, or to a charity, but you can stop that in an instant .

Nick

Joined: 02 Nov 2004
Posts: 34535
Location: Hereford

Posted: Wed Aug 28, 13 9:21 am Post subject:
Ah, I missed the bit about being for your own use. * * Because you made that bit up.

Penny Outskirts

Joined: 18 Sep 2005
Posts: 23385
Location: Planet, not on the....

Posted: Wed Aug 28, 13 9:36 am Post subject:

Nick wrote:

Ah, I missed the bit about being for your own use. *

* Because you made that bit up.

vegplot

Joined: 19 Apr 2007
Posts: 21301
Location: Bethesda, Gwynedd

Posted: Wed Aug 28, 13 10:21 am Post subject:

Penny Outskirts wrote:

vegplot wrote:

PayPal is 'safer' than most other methods.

It is, but when dealing in large transactions, the cost of using them is very high. A bank transfer isn't.

Transferring money is usually fee.

Quote:

It's free* when you use your PayPal balance or your bank account linked to your PayPal account.

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