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Can you elaborate? I believe you need a specific bank authorization to do ACH withdrawal using only routing and Account#. Plus, your beneficiary bank does scre

Can you elaborate? I believe you need a specific bank authorization to do ACH withdrawal using only routing and Account#. Plus, your beneficiary bank does screen for such services given out to clients very closely. No random joe schmo can do auto ach debit Unless you are referring to passing forged checks, I'm not sure what you mean by this.

chrisseaton 5y ago
My understanding is that in the US to pay your rent you either send a literal paper check, which had no serious authorisation at all, or your land lord reaches into your account using your bank account number and debits it, without you having to approve. If not - why do people protect their bank account numbers in the US? In the UK mine is printed on my bank card - anyone can read it off. It’s like social security numbers in the US - they became passwords when they weren’t supposed to be.
- lxgr 5y ago
  > your land lord reaches into your account using your bank account number and debits it, without you having to approve. This is how many people pay for rent in Germany (and I strongly suspect elsewhere) as well. If they take too much, you can get it back with a single click in your bank account.
  - isbvhodnvemrwvn 5y ago
    Quite interesting. In Poland a lot of places have their bank number just on their website if you want to donate something, I don't think you can place a debit like that.
    - lxgr 5y ago
      Bank accounts like that often have outgoing direct debits blocked to prevent fraud, as far as I know. (I don't think there is a registry – this would simply be a bank-side setting to auto-decline all requested direct debits.)
      - isbvhodnvemrwvn 5y ago
        My bank account number is also sometimes freely shared, so I think this is applied at national level (at least in case of Poland)
pbreit 5y ago
"I believe you need a specific bank authorization to do ACH withdrawal using only routing and Account#" No. All you need is an account number and routing number (which are printed on paper checks). The ACH originator is responsible for ensuring the numbers are owned by the payer.

chrisseaton 5y ago

My understanding is that in the US to pay your rent you either send a literal paper check, which had no serious authorisation at all, or your land lord reaches into your account using your bank account number and debits it, without you having to approve. If not - why do people protect their bank account numbers in the US? In the UK mine is printed on my bank card - anyone can read it off. It’s like social security numbers in the US - they became passwords when they weren’t supposed to be.

lxgr 5y ago
> your land lord reaches into your account using your bank account number and debits it, without you having to approve. This is how many people pay for rent in Germany (and I strongly suspect elsewhere) as well. If they take too much, you can get it back with a single click in your bank account.
- isbvhodnvemrwvn 5y ago
  Quite interesting. In Poland a lot of places have their bank number just on their website if you want to donate something, I don't think you can place a debit like that.
  - lxgr 5y ago
    Bank accounts like that often have outgoing direct debits blocked to prevent fraud, as far as I know. (I don't think there is a registry – this would simply be a bank-side setting to auto-decline all requested direct debits.)
    - isbvhodnvemrwvn 5y ago
      My bank account number is also sometimes freely shared, so I think this is applied at national level (at least in case of Poland)

pbreit 5y ago

"I believe you need a specific bank authorization to do ACH withdrawal using only routing and Account#" No. All you need is an account number and routing number (which are printed on paper checks). The ACH originator is responsible for ensuring the numbers are owned by the payer.