Security and banks
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Discussion

srebbe64

Original Poster:

13,021 posts

266 months

Friday 1st July 2005
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This morning I phoned up my "relationship manager" at my bank and asked her to transfer some money. Which she did.

She did not ask me any security questions, whatsoever. Admittedly, it wasn't a huge amount (few hundred quid) and she recognised my voice. However, I find this more than a little disconcerting!

Isn't there some sort of legal protocol which the banks need to comply with?

>> Edited by srebbe64 on Friday 1st July 12:31

Tuna

19,930 posts

313 months

Friday 1st July 2005
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Not really - I think they've got to prove they're able to cover any cockups they make, but it's up to each bank to decide how they go about avoiding security problems. There are various measures of security (BS numbers and so on) if I remember rightly, but it's not something people know to check up on.

mrs trackside

9,299 posts

262 months

Friday 1st July 2005
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JustTheTip

1,035 posts

265 months

Friday 1st July 2005
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