Direct Deposit or Not? - GoFuckYourself.com

pocketkangaroo · 12-14-2005, 09:09 PM

I noticed a lot of sponsors offering direct deposit. It certainly is convenient and I'd like to do it on most sponsors. My question is if there is any security concerns with someone having your routing and acct #. I'm not a bank guy so I don't know if I should be real picky with this or if the worst they could do is add money.

Is there anything to be worried about?

Allison · 12-14-2005, 09:32 PM

My impression, but I could be wrong, is that like credit cards, if some fraud occurs it's actually the banks responsibility or they'll get it from whatever bank withdrew the money b/c they didn't do their job on their end for verifying the transaction.

I believe, the only times you get stuck with the bill is if they warn you about fraud and measures to take like opening a new account & you decline.

~Alli

Babagirls · 12-14-2005, 09:38 PM

i fuckin love direct deposits. they're faster and i dont have to leave the house to cash a check lol although, the $10 wire fees suck and do add up.

Doctor Dre · 12-14-2005, 09:39 PM

I've never had any problems with wire transfers personally.

pocketkangaroo · 12-14-2005, 09:49 PM

Thanks. But do you give it out even to real small sponsors that don't have a reputation yet?

12-14-2005, 09:09 PM	#1
pocketkangaroo Confirmed User Join Date: Jan 2005 Location: Chicago, IL Posts: 8,452	Direct Deposit or Not? I noticed a lot of sponsors offering direct deposit. It certainly is convenient and I'd like to do it on most sponsors. My question is if there is any security concerns with someone having your routing and acct #. I'm not a bank guy so I don't know if I should be real picky with this or if the worst they could do is add money. Is there anything to be worried about?

12-14-2005, 09:32 PM	#2
Allison Confirmed User Join Date: Jul 2001 Location: http://www.topbucks.com Posts: 2,068	My impression, but I could be wrong, is that like credit cards, if some fraud occurs it's actually the banks responsibility or they'll get it from whatever bank withdrew the money b/c they didn't do their job on their end for verifying the transaction. I believe, the only times you get stuck with the bill is if they warn you about fraud and measures to take like opening a new account & you decline. ~Alli __________________ Allison President TopBucks.com\| PinkVisual.com\| [email protected] Follow Me on Twitter: http://www.twitter.com/PV_Alli ICQ: 120353154 Check out PVLocker.com

12-14-2005, 09:38 PM	#3
Babagirls Text Writer Join Date: Feb 2001 Location: Wisconsin Posts: 18,812	i fuckin love direct deposits. they're faster and i dont have to leave the house to cash a check lol although, the $10 wire fees suck and do add up. __________________ Need a Text Writer? Blogs\|Reviews\|Descriptions\|Paysites\|TGP's\|Stories ICQ: 397892500

12-14-2005, 09:49 PM	#5
pocketkangaroo Confirmed User Join Date: Jan 2005 Location: Chicago, IL Posts: 8,452	Thanks. But do you give it out even to real small sponsors that don't have a reputation yet?