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Why do checks have your banking secrets on them?
Check forging. Was a big problem years ago when checks were widely used; These days they're almost dead so; (See 'Catch me if you can' film if you didn't already!);
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> Those numbers across the bottom are your bank's routing number and your account number. Those aren't secrets, are they? Isn't your bank account protected by separate secrets and or physical authentication tokens? You can't just take money out at a bank by giving a bank account number, surely?
Those numbers are not secrets. They're literally just the bank's routing number and your account number. Using those numbers anyone can withdraw/deposit into that account. Madness isn't it?
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...so that they can be used? Those numbers across the bottom are your bank's routing number and your account number. I'm honestly surprised I don't hear more about e-check theft done using those numbers.
> Those numbers across the bottom are your bank's routing number and your account number. Those aren't secrets, are they? Isn't your bank account protected by separate secrets and or physical authentication tokens? You can't just take money out at a bank by giving a bank account number, surely?
That's exactly what a check is. It's a legal document that says "I give you X dollars from account Y." You can use a napkin instead of a the pre-filled sheets of paper your bank sends you, and it's still the same legal document.
Typically your signature is checked against one on file, but only for large transactions, and of course handwriting signatures can be forged. And, if you are writing checks against other people's bank account, you'll probably go to prison. That is the check on the system.
(It's no different than signing a contract. I'll do this work and you'll pay me when it's done. What happens if they don't pay you? You sue them. The root of trust is the judicial system.)
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If someone knows your account number, they can take money from it, there is no separate secret or anything. It would be illegal, but they can do it.
> If someone knows your account number, they can take money from it You can seriously just say a bank account number at a bank in the US and walk away with a bag of cash from it, with no other security checks at all? In the UK they’d make you enter a password or PIN or use 2FA.
You can use the numbers to request a wire transfer from the account. In fact, when you're setting up an ACH transaction for bills and such, they tell you to get the numbers from a check.
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> Those numbers across the bottom are your bank's routing number and your account number. Those aren't secrets, are they? Isn't your bank account protected by separate secrets and or physical authentication tokens? You can't just take money out at a bank by giving a bank account number, surely?
If someone knows your account number, they can take money from it, there is no separate secret or anything. It would be illegal, but they can do it.
You can deposit without a pin bit to withdraw you need photo id and a verbal password or pin in every bank I've ever been in
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Check forging. Was a big problem years ago when checks were widely used; These days they're almost dead so; (See 'Catch me if you can' film if you didn't already!);
In the UK if I write a check my bank checks with me before honouring it. They don’t just let you wave a piece of paper with numbers on it and empty the account lol.
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> Those numbers across the bottom are your bank's routing number and your account number. Those aren't secrets, are they? Isn't your bank account protected by separate secrets and or physical authentication tokens? You can't just take money out at a bank by giving a bank account number, surely?
> You can't just take money out at a bank by giving a bank account number, surely? That's exactly what a check is. It's a legal document that says "I give you X dollars from account Y." You can use a napkin instead of a the pre-filled sheets of paper your bank sends you, and it's still the same legal document. Typically your signature is checked against one on file, but only for large transactions, and of course hand…
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> If someone knows your account number, they can take money from it You can seriously just say a bank account number at a bank in the US and walk away with a bag of cash from it, with no other security checks at all? In the UK they’d make you enter a password or PIN or use 2FA.
No, you would have to do some authentication at a physical bank itself. You can use the numbers to request a wire transfer from the account. In fact, when you're setting up an ACH transaction for bills and such, they tell you to get the numbers from a check.
> request will stop accepting new features. > request will stop considering breaking changes. > The committers that are still active will try to merge fixes in a timely fashion Sounds to me like the library is "done".
It seems like you meant it more in the sense of this library is "complete." Just in case anyone was confused.
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In the UK if I write a check my bank checks with me before honouring it. They don’t just let you wave a piece of paper with numbers on it and empty the account lol.
In the UK fraud barely gets noticed by police. In USA there's serious jail time for check fraud
There's no serious jail time for it in the UK because the system doesn't let you do it in the first place!