Wednesday, September 28, 2011

What could someone do with your bank account and routing number?

What could someone do with your bank account and routing number?
I had a little sheet of paper that had those 2 pieces of information while filling out something online. I was in a public place. It turns out I had lost that piece of paper with my bank account number AND my routing number for my bank. What's the worst that could happen?
Personal Finance - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Contact your bank or immedietly drain the money by transferring to another account in fear of losing cash.
Answer 2 :
That's on every check you write so you're getting into a panic about losing a paper with it on it? If your bank pays anything out without your authorization it's their problem.
Answer 3 :
Well, when you consider it is at the bottom of every check you write, there must not be much one can do with it unless they are very clever, then you go to the bank and they start a fraud investigation.
Answer 4 :
With this info they could kindly deposit money into your account, but that is very unlikely. You get the same info printed on every check you write. Edit - they probably couldn't deposit money after all - they would need your name too, and even that is on every check you write.
Answer 5 :
Pretty much what last 3 people said. It is on every check. I suppose if you are worried you could close it and open up a new one or see if the bank will put a warning on your account.

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