Victory over the evil eBayer

[Patrick]

The evil eBayer has given me a full refund of my money in addition to the $25 that was charged to me by a repair shop for the dismantling and inspection of the Min Dv camera. He payed by direct deposit into a bank account few days ago. It was only when I sent a Final Notice of Claim from the Adelaide Magistrates Court accompanying a letter that he actually gave in. Even so, I was a bit weary giving him my bank account details because he has proven to be an untrustworthy character in the past. I don't want someone like that to know my account details. So I opened up an additional bank account just for this transfer and soon I will close it as I have no more use for it.

[DriveIn]

.....I was a bit weary giving him my bank account details...... So I opened up an additional bank account just for this transfer........

Very Wise!

[bulion]

I was a bit weary giving him my bank account details because he has proven to be an untrustworthy character in the past. I don't want someone like that to know my account details. So I opened up an additional bank account just for this transfer and soon I will close it as I have no more use for it.

I'm not familiar with Australian banking industry, but what can a foreign person like your seller do with your bank account information and without your permission?
bulion

[wahiba]

Interesting question. There has been a number of dodgy emails, at least in the UK, trying to con bank details out of the unwary. I am curious as to how with the account number only, and no passwords, someone can clean an account out.

Is there an 8mm financial wizard who can answer?

[T-Scan]

in the US i've gotten the fake "ebay" email twice now, asking to update my bank account information or my ebay account will freeze. the page they send has the ebay logo.. but the whole page is a J-peg or some rediculas givaway like that.

[Patrick]

Actually, Bulion, the seller was only in the next state over from me. Regardless, I am clueless how someone can gain access to your account without the password. A few months ago, there was an interesting story on the TV news about this. Apparently, there are people who go through your letter box and garbage bin, looking for bank statements and other such forms that contain your bank account information and somehow use this to withdraw your money. They also look for letters sent by your credit card company and take all the necessary details.

[MovieStuff]

Any merchant with the bank routing number and your account number can submit an electronic check and the bank will pay it without question. I have had this happen twice with my old car insurance company that "accidentally" sent the same e-check in three times in a row. The problem is that merchants that do this are not required to assign a check number so it comes back on your statement as an amount ONLY. That was the only reason I knew it was my insurance company because of the amount they took. I filed a complaint and they've been shut down but the whole merchant e-check thing is a big problem. Again, you don't need a password; all you need is the routing number and the account number and you're in.

Roger