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Or a financial institution could create read-only accounts with no permission to transfer any money anywhere. Besides fintech apps, these are useful for guardia
by peter303 7y ago
Or a financial institution could create read-only accounts with no permission to transfer any money anywhere. Besides fintech apps, these are useful for guardians of young or elderly to monitor them. Or when I am traveling in an area with untrustworthy wireless or cellular and want to see if a transaction cleared.
Fidelity Brokerage has this kind of account.
- shkkmo 7y agoThe issue is that many banks treat "read access" as a piece of verifying info that can give full account access.