Giving my bank details to T for rent BACS transfers

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    Giving my bank details to T for rent BACS transfers

    Hi
    Please help me with this matter.
    i have a tenant whome i do not trust at all, currently her tenancy agreement has finished on the 11th september 2008 and i have served her with S21 and waiting for the 2 months notice period to finish to start the court evacuation papers.
    i called her on the day of the 11th to request the rent. she asked me for my bank account to do bank transfer. (eventhough she was paying cash during the past 6 months of tenancy). i was told by an estate agent not to do that in case of fraud transfer or she is up to no good with my account, and he asked me to ask for draft check or cash. she has refused and insisted that would only pay me by bank transfer.
    is it ok to give her my bank account? is there anyway that she can harm me with that transfer or do anything illegal with it later?she is a trouble maker and that what worrie me with her.
    please advice me what to do?
    thank you

    #2
    You would only give sort code/account number to someone you trust. You have offered to accept other forms of payment and this should be enough. Tenants can't insist on a particular method of payment - particularly not one which requires sensitive personal information.

    Comment


      #3
      Not alot they can do with Sort code account number. They will only be able to pay in. Bank should do other security checks to withdraw money if this is all they have!

      Hand it over and you will be fine.
      GOVERNMENT HEALTH WARNING: I am a woman and am therefore prone to episodes of PMT... if you don't like what I have to say you can jolly well put it in your pipe and SMOKE IT!!

      Oh and on a serious note... I am NOT a Legal person and therefore anything I post could be complete and utter drivel... but its what I have learned in the University called Life!

      Comment


        #4
        Originally posted by GAL View Post
        Hi
        Please help me with this matter.
        i have a tenant whome i do not trust at all, currently her tenancy agreement has finished on the 11th september 2008 and i have served her with S21 and waiting for the 2 months notice period to finish to start the court evacuation papers.
        Is there likely to be a bit of a smell in the courtroom?
        The advice I give should not be construed as a definitive answer, and is without prejudice or liability. You are advised to consult a specialist solicitor or other person of equal legal standing.

        Comment


          #5
          Originally posted by johnjw View Post
          You would only give sort code/account number to someone you trust.
          So would you only ever pay for goods or services by cheque to someone you trust similarly - ie would you genuinely apply the same rules? People pay by cheque all the time, without giving it a second thought - but as soon as someone suggests handing over a sort-code and account number, they go into panic mode. The point is of course that all these details are printed on a cheque (along with a nice, copyable specimen signature of course).

          How would you go about refunding a sum of money to a tenant who you maybe didn't trust totally - by cash, and risk some issue over them denying ever receiving it, or by a (traceable) cheque?

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            #6
            hi paul

            whats their likely that she can do in the courtroom?

            Comment


              #7
              Originally posted by Ericthelobster View Post
              So would you only ever pay for goods or services by cheque to someone you trust similarly - ie would you genuinely apply the same rules? People pay by cheque all the time, without giving it a second thought - but as soon as someone suggests handing over a sort-code and account number, they go into panic mode. The point is of course that all these details are printed on a cheque (along with a nice, copyable specimen signature of course).

              How would you go about refunding a sum of money to a tenant who you maybe didn't trust totally - by cash, and risk some issue over them denying ever receiving it, or by a (traceable) cheque?
              Yes, I agree the risk is small. However, the untrustworthy tenant would only need to have the 3-digit security code in addition to sort code and account number (they already have name and address) and they could start buying on the internet or at least could cause some mischief by ordering goods to be delivered to my address.
              I'd still object to being told that this is the only way they will pay the rent and would suspect their motive.

              Comment


                #8
                Originally posted by johnjw View Post
                Yes, I agree the risk is small. However, the untrustworthy tenant would only need to have the 3-digit security code in addition to sort code and account number (they already have name and address) and they could start buying on the internet or at least could cause some mischief by ordering goods to be delivered to my address.
                I'd still object to being told that this is the only way they will pay the rent and would suspect their motive.
                I think youre mixing up a credit or debit card with bank account numbers. The security code relates to a credit or debit card. You'd have trouble buying anything online with only a bank account number and sort code. And why would you give the tenant the security code off your card anyway?

                Comment


                  #9
                  Originally posted by p_cas View Post
                  I think youre mixing up a credit or debit card with bank account numbers. The security code relates to a credit or debit card. You'd have trouble buying anything online with only a bank account number and sort code. And why would you give the tenant the security code off your card anyway?
                  True, but many merchants (esp. petrol stations) still allow use of credit card + signature on form. Reason: not all UK credit cards are chip/PIN enabled, and very few USA cards are. This recently led to an 'expose' in newspapers re 'cloned' cards being used even without PIN. I am told that sensible people should never use card for payment at petrol stations which are (allegedly) the most likely location for card details to be ripped-off and cloned.
                  JEFFREY SHAW, solicitor [and Topic Expert], Nether Edge Law*
                  1. Public advice is believed accurate, but I accept no legal responsibility except to direct-paying private clients.
                  2. Telephone advice: see http://www.landlordzone.co.uk/forums/showthread.php?t=34638.
                  3. For paid advice about conveyancing/leaseholds/L&T, contact me* and become a private client.
                  4. *- Contact info: click on my name (blue-highlight link).

                  Comment


                    #10
                    Well simple solution ..........go an open another acc(or a no2 acc at same bank) and use it specifically for this person to pay into .........or get a paypal acc ........no acc details passed over ...but will cost you a fee to receive it ..........or offer a £10 discount for immediate pymt in cash....

                    I have a spare acc for purposes such as this ....a deposit acc ...no q book no card and no dd availabilty .........so pretty "secure" ........


                    The Rodent
                    A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty.
                    W.Churchill

                    Comment


                      #11
                      Thank you everybody for your help

                      Comment


                        #12
                        Originally posted by Wickerman
                        Our local garage (it is part of a major chain, close to one of the two great liverpool football grounds [1] ) is well known for skimming cards... There used to be "no cards" on a sign, for a reason...
                        Well, for what it's worth, I've been paying for fuel with my Tesco credit card for 20 years without being scammed once. Must be because most of the payments have been made in friendly, honest Yorkshire!!!!

                        (Sod's law dictates that I'll get ripped off tomorrow, of course!)
                        'Pause you who read this, and think for a moment of the long chain of iron or gold, of thorns or flowers, that would never have bound you, but for the formation fo the first link on one memorable day'. Charles Dickens, Great Expectations

                        Comment


                          #13
                          Originally posted by GAL View Post
                          Hi

                          i have a tenant whome i do not trust at all, thank you
                          Quite an odd statement considering shes paid all her rent previously in cash and YOU are in fact the one that has broken the law by not protecting her deposit (other thread).

                          Not very trust worthy of you is it.

                          By the way, her tenancy asnt come to an end. Its lapsed in to a periodic. The s.21 you have served is worthless as the deposit isnt protected.

                          Comment


                            #14
                            Originally posted by mind the gap View Post
                            Well, for what it's worth, I've been paying for fuel with my Tesco credit card for 20 years without being scammed once.
                            I think that 'Pay at Pump' is not the problem; it's the Cashier area where things get murky.
                            JEFFREY SHAW, solicitor [and Topic Expert], Nether Edge Law*
                            1. Public advice is believed accurate, but I accept no legal responsibility except to direct-paying private clients.
                            2. Telephone advice: see http://www.landlordzone.co.uk/forums/showthread.php?t=34638.
                            3. For paid advice about conveyancing/leaseholds/L&T, contact me* and become a private client.
                            4. *- Contact info: click on my name (blue-highlight link).

                            Comment


                              #15
                              Originally posted by jeffrey View Post
                              I think that 'Pay at Pump' is not the problem; it's the Cashier area where things get murky.
                              To be honest I rarely 'pay at pump'. I prefer people. Plus, I'm worried that the machine will swallow my card (as happened once in France) and not spit it back out.
                              'Pause you who read this, and think for a moment of the long chain of iron or gold, of thorns or flowers, that would never have bound you, but for the formation fo the first link on one memorable day'. Charles Dickens, Great Expectations

                              Comment

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