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Canadians with Interac E-Transfer like "What the fuck is wrong with you people" (lemmy.world)

submitted 3 days ago by Stamets@lemmy.world to c/whitepeopletwitter@sh.itjust.works

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[–] Whelks_chance@lemmy.world 11 points 3 days ago (9 children)

Right, I'd just get their account number and sort code, and can transfer securely for free, normally immediately or at least within 2 hours if their bank also uses SWIFT, which they all do.

[–] coriza@lemmy.world 5 points 3 days ago (8 children)

If I understand correctly your account number is kinda of a big deal and a security risk to share it. But I may be wrong, nothing in US banking is straightforward or makes sense.

[–] BorgDrone@feddit.nl 11 points 2 days ago (1 children)

If I understand correctly your account number is kinda of a big deal and a security risk to share it

Depends. It’s not an issue at all for European bank accounts. All you can use it for is to deposit money in my account. Pretty much every company will have their bank account number listed on their website and in their letterhead.

[–] coriza@lemmy.world 5 points 2 days ago

That is what I thought was in the US also, but it seems to not be the case.

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