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When I want someone (who needs to pay me) to give me the check, my bank account details are not supplied to them. I just deposit their check. The check has thei
by maratc 4y ago
When I want someone (who needs to pay me) to give me the check, my bank account details are not supplied to them. I just deposit their check. The check has their bank details printed on it, not mine.
When I want someone (who needs to pay me) to transfer money into my account, I need to provide them with my account number.
In the first case, my bank details are kept private, but in the second case, not so much.
- shortcake27 4y agoIn Australia you can make instant bank transfers using phone numbers, email addresses, ABNs etc. Although I’ve never been too bothered about giving out my bank account details - they’re designed to be public.