Banks can't do it, legally, but in the U.K., at least, they've tried anyway: http://www.thisismoney.co.uk/money/saving/article-2215223/Victim-chip-pin-fraud-Its

Banks can't do it, legally, but in the U.K., at least, they've tried anyway: http://www.thisismoney.co.uk/money/saving/article-2215223/Victim-chip-pin-fraud-Its-YOUR-fault-insist-banks.html http://www.thisismoney.co.uk/money/saving/article-2215223/Vi... I am not very optimistic U.S. about banks acting in a strictly legal manner.