Silver Turfer
Registered User
- Messages
- 8
Under Law Society regulations we are not allowed to accept Bank details by email, therefore please post the top of your Bank Statement with the account details on it to us.
for example, funds end up in the wrong place due to a typo during an online banking transaction.
I would not use email to send bank details looking at the amount of money we are talking about posting details is a very short time to wait, Leaving scamming to one side if it went into the wrong account and someone spent some of it,I know that there are indeed scammers who target solicitors by identity theft etc.
And one has to be extremely careful with this stuff ... but I think you should take a pragmatic view.
i.e. if you know the party involved and you have had dealing with them in the past, then its a bit daft to insist on it being sent by post, which I believe is just as open to fraud.
Anyway the good news is they have excepted a downloaded bank statement forwarded to them by email, and I can see no further holdups.
Thank you guys and/or gals for the informative discussion and the chance to "vent my spleen"
Cheers
Silver
I would not use email to send bank details
They may. but in a once off cases it is easy to make a mistake ,solicitors firms dealing with large amount of money anything going wrong could ruin then not to mention fraud,Countless businesses send invoices by email, with bank details thereon to facilitate payment. Many have their bank details on their websites, for the same reason.
No it's not, unless the bank is totally negligent in terms of not bothering with checksum algorithms and other safeguards against typing and other innocent error/fraud.They may. but in a once off cases it is easy to make a mistake ,solicitors firms dealing with large amount of money anything going wrong could ruin then not to mention fraud,
I would be impressed with my solicitor for double checking in the case mentioned above for lots of reasons including internal controls in the company and being able to follow up if a bank made a mistake reading from posters on this forum it is the norm not the exception and protecting me if it happened ,No it's not, unless the bank is totally negligent in terms of not bothering with checksum algorithms and other safeguards against typing and other innocent error/fraud.
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