Quote:
Originally Posted by BFT3K
When I wrote the "only important bank" I meant that it was the bank that confirms you are really in business to begin with. It is the bank information that SHOULD provide enough proof and credibility that you and your business actually exists.
Billing companies ask for all sorts of info, which includes your banking info, server info, and more. In a world riddled with identity theft, it would seem that these redundant photo copied ID requirements can only make things LESS safe - especially for business owners.
|
Why?
A few years ago online poker in the United States was more or less shut down. Not completely due to gambling, but due to wire fraud. The poker site owners were in cahoots with banks, in the United States, committing a broad range of acts that amount to wire fraud. In short, the banks were paid off to look the other way when illegal acts were taking place. Again, this was in the United States, not some third world post-Soviet state.
Why on earth should Bank XYZ believe anything Bank ABC says in a completely different country? Do you want your local bank taking a local bank in Russia for its word?