[xwolfi]

That can't be right. Im a European living in Hong Kong, both places, widely different you'll admit (HK still doesn't have frigging IBANs), I can give you here my account number, you'd be able to do NOTHING with it, nothing but GIVE me money.

To withdraw in both continent you'd need a pin or a signature + a tamper-proof ID card. The web app in Hong Kong has 2 passwords + 2 private key phone checks + insta SMS sent on any output. My French bank resets the private key every 3 months and require a strong re-auth (SMS or postal mail).

To direct debit, in HK you can only trigger it from the source account by registering the target online, it can't be done the other way around, while in France you need a signed authorization - but I suppose that can be faked if you have a target entity already registered and fake signatures to a bank.

And you're telling me in the US I know your target bank account to wire you pocket money at your birthday, I can also just withdraw ? That can't be right sorry.

[joecool1029]

>And you're telling me in the US I know your target bank account to wire you pocket money at your birthday, I can also just withdraw ? That can't be right sorry.

Yes, it can be and it is right.