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by distances 3774 days ago
> The way to authorise online transactions is with a piece of paper with 100 codes printed on it (TAN list). This was a shock, but it's apparently common here.

This is what I've had with all European banks. It's simple, secure and always in your wallet. What's the method you are accustomed to in the UK?

Some banks do an extra validation step in case of unexpected transfers (such as a large sum, or a new foreign destination account) by sending the required TAN index by SMS. You'll then look up the matching TAN from your list an put that in.