Providing your IBAN may seem like a small thing, but it is important to be aware of the possible risks. The IBAN (International Bank Account Number) is a unique alphanumeric code that identifies a bank account and is used for transfer operations. In this article we will examine what are the risks you face if you were to give your IBAN code, either by message, or even with name and surname, identity card or to make payments.
In addition, we will see what measures to be taken to prevent any unpleasant situations.
Table of Contents:
What can happen if you give the IBAN code?
When you decide to give your IBAN code to another person or a company, you should be aware of the consequences that could result. In fact, once the IBAN code has been provided, it can be used to make payments, bank transfers, withdrawals from the current account and other types of operations. For this reason, it is important to know what risks you face when providing your IBAN. Send the IBAN by message: There are several people who decide to send their IBAN code by message, either by SMS or email. However, this is not a safe method, as messages can be intercepted or stolen. For this reason, it is important to be aware that if you decide to send the IBAN by message, you face the risk that your data may fall into the wrong hands.
Give the IBAN and name and surname
Some people decide to provide their IBAN code, along with the name and surname, to third parties. However, even in this case there is a risk that your data can end up in the wrong hands. In addition, providing your first and last name can be dangerous, since there are people who can use this information to steal money from the bank account. Give the IBAN and identity card: Some people decide to provide their IBAN code and identity card to third parties. In this case, the risk is even greater, since providing the identity card can allow the bad guys to steal money from the bank account.
What can steal money from the bank account?
Once an attacker has the current account details, they can perform several operations. You can transfer money from your bank account to other accounts, you can make withdrawals from your bank account, you can purchase goods or services online, or you can also use your bank account information to access other online services. The IBAN code is a sensitive data: Another thing to consider is that the IBAN code is a sensitive data, which must be treated with extreme care. In addition, it is important to remember that you should never provide your IBAN code to unknown persons or unauthorized third parties.
Payments with IBAN code
Another risk you face when providing your IBAN code is that it can be used to make payments. When making payments with the IBAN code, it is important to make sure that the amount is correct and that the transaction is carried out securely.
What happens if your IBAN is stolen?
If you are a victim of fraud, it is important to contact your bank immediately and block your bank account. In addition, it is important to report the incident to the Postal Police.
What can be done with a person’s IBAN?
Once you have a person’s IBAN code, you can do several things, such as transferring funds, withdrawing money, making payments, buying goods or services online. For this reason, it is important to be aware of the risks you face by providing your IBAN code to other people.
Conclusion
In conclusion, providing your IBAN code can be risky, especially if you are not aware of the possible risks. For this reason, it is important to be aware that if you decide to give your IBAN code to other people, you take risks. It is important to remember that the IBAN code is sensitive and must be treated with extreme care. In addition, it is important not to provide your IBAN code to unknown persons or unauthorized third parties. If you are a victim of fraud, it is important to contact your bank immediately and block your bank account. Finally, it is important to remember that once you have a person’s IBAN code, you can perform several operations.
