> there is absolutely no verification or security in this system Regarding 1, 2, & 4: You aren't taking the physical angle into account. In all of these cases

> there is absolutely no verification or security in this system Regarding 1, 2, & 4: You aren't taking the physical angle into account. In all of these cases it sounds to me like one US institution dealing with another. Wire fraud is a federal crime. All US institutions collect a fair bit of identifying information when you open an account. Good luck fraudulently transferring money into an account you control and getting away with it. Regarding 2: They probably verified a picture of you that they had on file without you realizing it. Moreover, it's safe to assume the bank lobby was absolutely carpeted in cameras. I expect you would be unlikely to successfully commit fraud with this approach.