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>> I have to give away the keys to my account (routing & checking number) in order to transact with my checking account. What a strange country you live in! :)
by mamon 8y ago
>> I have to give away the keys to my account (routing & checking number) in order to transact with my checking account.
What a strange country you live in! :) I do a lot of payments and I had to google what a routing or checking number even is because I never needed one for making a payment. Also, I can't see how giving up your account number would mean giving away control of it. But that might be because in Europe we do not use such a peculiar payment methods as checks.
- chrisco255 8y agoAll that's necessary in order to forge a transaction is routing & checking account number. Similarly, with credit card numbers. This is why cryptographically signed transactions make so much more sense and are much more secure.