Quote:
Originally Posted by BFT3K
Showing a local bank teller your ID seems safe and reasonable. Scanning personal ID and emailing this very personal information to faceless strangers across the globe just doesn't feel right.
If banks talk to banks (and they do), then providing your local company banking details should cover it, as like you said - you already provided ID to set that account up (locally).
It just seems redundant, as you have already provided the details to the most important bank to begin with, to be in business in the first place.
Not the same thing, but kind of like when Visa charges you $750 to "review your sites" for one billing company, but then charging you the same $750 to "review your sites" again and again, for every other processing company.
Shit just seems redundant and unnecessary.
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I sent a wire to the Netherlands two months ago. It was a big bank. My bank could not even find that banks existence, even after I provided them with a very large, detailed list of bank information about the Netherlands bank.
You think Bank XYZ in your city gives your details to Bank ABC in another city on the other side of the world? And then on top of that, you think Bank ABC should simply blindly trust Bank XYZ and ignore any laws that they may have to follow in their own country?
Also, if Bank XYZ is the "only important bank", why are you messing with Bank ABC? Why don't you simply have Bank XYZ process for your sites? Oh wait? it's because they won't.
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