UK Banking Code
...Of slightly more comfort are the guarantees that banks abide by as part of the UK Banking Code. Three cheers for this code, which says that anyone losing money as a result of fraud will have their money completely refunded. This effectively means that even if your bank isn’t 100% secure your money is 100% safe.
There are a couple of provisions here. First, you can’t have knowingly participated in the fraud. (For instance, you can’t have handed over your details to crooks with a view to helping them suck your account dry.) Secondly, you can’t have been 'grossly negligent' - a clause that covers the banks against our own stupidity.
In practice, the banks tend to be quite lenient. For ex. people who recently sent off their account details & passwords to crooks who had emailed them posing as their banks had their money reimbursed. This despite the fact that they had both participated in their own fraud albeit unwittingly & had been mor than a little foolish
2006-07-16 00:02:56 · 6 answers · asked by ABC 3 in Business & Finance ➔ Personal Finance
I have been online banking now for a number of years, yes, it is completely safe, i even invest through the online banking, i thoroughly trust it implicitly.
2006-07-16 00:09:50 · answer #1 · answered by amrhappy1 6 · 5⤊ 1⤋
Your uk financial employer would be waiting to circulate money on your cousins financial employer account interior the US no concern. it could desire to take some days. ultimate to talk on your financial employer. If this financial employer acciunt determination isn't desirable forur needs, then Western Union money circulate is nicely establsihed interior the united kingdom in recent times and your cousin could have the alternative of having the money very community to her interior the US as there are 1000's of places. in case you do it with the aid of telephone the money is provided in minutes.
2016-11-02 03:54:46 · answer #2 · answered by ? 4 · 0⤊ 0⤋
seriously my love i wouldnt trust it, there are so many computer buffs who use the internet as a means of making a living, they hack into other people computers to steal card info and accout numbers so i wouldnt advise it... just go along to the shops and stay safe x
2006-07-16 00:12:01 · answer #3 · answered by kevthekat 2 · 0⤊ 0⤋
it is technically safe, however people can acquire the website and use a template of the exact same page, when you type your details in they will see everything and they are then eligible to start stealing from you.
2006-07-16 00:07:54 · answer #4 · answered by jame_football 5 · 0⤊ 0⤋
Just be careful
2006-07-16 00:05:50 · answer #5 · answered by Linda 7 · 0⤊ 0⤋
no
2015-01-03 07:41:35 · answer #6 · answered by unimatrex001 1 · 0⤊ 0⤋