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Reply to "I am surprised how easy it is to pay bills online with an electronic check!"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I am the OP and I don't think I may have properly communicated my concern. I rarely pay with paper checks, but certain vendors still require them. For example, I still pay the landscape guy with a check, most small contractors who occasionally work on my home require a paper check. The paper check has my name, home address, bank routing number and account number. Whoever has a copy of my check, can now go and pay most of their bills using an electronic check online, which only requires my routing number and account number. Isn't that a major security flaw?[/quote] I'm pretty sure my bank sends me an alert everytime I use the bank routing number and account number method to pay a bill. Most recently it was for DC property taxes. So at least I would get an alert if, for example, someone in DC tax office were to use my bank routing number and account number to pay for their bill. I guess that's cold comfort. Just keep my fingers crossed that someone won't do that. [/quote] To follow up-- I do like that suggestion to have a separate bank account just for paying these occasional bills.[/quote]
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