Monthly payments to service provider

R

roker

Registered User
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I am in the process of switching my broadband to Vidafone.
They contacted me by phone to clarify information and asked for my IBAN number which I gave, this in intrigues me because I though you could only put money into an account not take it out with an IBAN like a standing order.
 
Scammers don't use Direct Debits.

Your previous thread on the topic:

Giving IBAN number

There a lot about scams and giving details about our bank account Some imply that the IBAN and BIC should be avoided, I fail to see how a scammer can draw from a person's bank account by giving these IBAN detail and not giving any passwords. We give IBAN numbers all of the time for electronic...
www.askaboutmoney.com
 
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No one came back with a definite answer, if a company can do it why can't a scammer do it,?
 
Because a company has an authorised direct debit creditor Id - these are not given out willy nilly.
 
jpd said:
Because a company has an authorised direct debit creditor Id - these are not given out willy nilly.
Click to expand...
Thank you, that answers my question, I though they needed my debit card details for DD
 
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