What can someone do with your bank details?

[rainonsunday]

Some guy is asking for people to
Go to the supermarket for him (NectDoorApp), said he will transfer cash to your bank account.

Seems genuine but 99% of posts are telling everyone to avoid him.

If he’s a scammer, what can he get with bank details?

He could set up direct debits or put money in the account.

@HunterHearstHelmsley

He could set up direct debits or put money in the account.

Individuals can’t do direct debits?

Please don't get involved. I've just had my current account cleaned out by scammers. Extremely stressful. I'm now hyper aware and taking elaborate precautions to prevent this happening again.

I think they mean could sign up to direct debits on your behalf. So if I bought an online subscription for example and used your account number and sort code. You wouldn't know until the 1st payment came out.

Nothing really. Your bank details are on your cheque book (sort code and account number , bank name and address) so it’s no more than you’d give to anybody you give a cheque to.

I suppose he could set up a direct debt mandate but pointless as you are covered by the DD indemnity scheme by your bank and what could anybody really do with it.

A risk could be he could get you to act as a money mule by sending you too much money “ by accident” and ask you to forward it on elsewhere pulling you into money laundering participation which could lead to criminal charges and inability to get a bank account… but I imagine that would be vast sums not a Tesco shop equivalent

The main risk is if he starts asking you to also send internet banking codes / passwords or those code numbers that come to your phone

He can't do anything other than pay you unless you plan on giving him your passwords too. I give literally 100's of people my bank details on invoices and have never had any problems.

Individuals can’t do direct debits

Correct you have to be an organisation registered with the DD scheme , but I think PP means he could set up subscriptions in your name by DD which is kind of pointless as you’d find out within one payment

@milkytwilight

I think they mean could sign up to direct debits on your behalf. So if I bought an online subscription for example and used your account number and sort code. You wouldn't know until the 1st payment came out.

RIGHT!

But wouldn’t they also need address?

As others have said you can set up direct debits.
You can also link a PayPal account to bank details, but I think there are more steps to verify that now.

@rainonsunday Individuals can’t do direct debits?

No, but they can pay for something and set up direct debits with your bank details. You'd obviously cancel it.

I know they’re little used now, but if you ever give someone a cheque, you’re giving them your bank account details.

Yes, they could attempt to set up a new direct debit, but the DD guarantee scheme gives consumers a lot of protection - and the whatever the DD might be for, the provider should be taking steps to ensure the transaction is legitimate.

Other things, such as trying to get account information, or change the mailing address (for example as a precursor to fraudulently obtaining a debit or credit card), should/will be strongly security protected by the bank.

Overall, it’s low risk, but all that said, I wouldn’t be inclined to get involved with this.

I seem to remember a radio presenter talking about this and saying it was ridiculous to worry because noone could do anything with the info. IIRC he'd barely finished ranting before several different listeners had donated money to charity from his account.

I would be more concerned that he will let you buy him stuff and then just not transfer any money to pay for it.

I've also never understood this. He can sign up for direct debits but also needs your address. They do check the address as I've had mine rejected for using the wrong address. He can literally only pay you money. I thought most people got a notification aswell of bank activity?