I thought the take money out of someones account was just an issue in USA.
replyUK definitely and I thought EEC banks use a different system that stops that.
It used to be common in Germany to order things (e.g. per mail order catalog) by giving your name, address and account number. I think it is still used when signing up for services. And "SEPA direct debit mandates" are still popular.
replyBut in UK and I thought EU if a direct debit is wrong the Bank has to refund it.
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