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My Ad Network asking for Bank information

Discussion in 'Making Money' started by EggsMyBulls, Mar 25, 2020.

  1. EggsMyBulls

    EggsMyBulls Newbie

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    I work with ads network. after reaching my threshold they are asking for my bank information to send me the revnue of the month.

    We always talk by emails, they don't have a support live chat or skype. how ever i'm afraid to to publicly share my bank info with some individual company.

    My question:
    Is it safe to share the following information?

    1. Bank name.
    2. Bank address.
    3. ABA Routing Number (or SWIFT code).
    4. Account number or IBAN.
    5. Account currency.
    6. Beneficiary name.
    7. Beneficiary address including postal code.

    Is someone with the mentioned info can take funds from the bank account?
     
  2. EggsMyBulls

    EggsMyBulls Newbie

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    UP
     
  3. 3bisu

    3bisu Jr. VIP Jr. VIP

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    Is this company trustworthy? Don't they have any other options like paypal?
     
  4. Razen666

    Razen666 Elite Member

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    Since a Swift code can only be used to send u money yes but if u don't feel comfortable just tell them if they have another payment method
     
  5. HoNeYBiRD

    HoNeYBiRD Jr. VIP Jr. VIP

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    Nah, they can't take money from your account knowing those details. To be able to do that, they would need to get access to all your banking info, what you use to access online banking, including your password, often some kind of identification number, plus when you start a transfer, you also need to confirm via SMS/phone these days, so they would need to get a hold of your phone too. :)

    They want those details to pay you. It's perfectly normal to ask for those details to be able to send international wire transfers.
     
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  6. TomTheCat

    TomTheCat Power Member

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    Are you serious?
     
  7. cmasex

    cmasex Newbie

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    Depends on your country, I hear it happens a lot in the US that people get their accounts emptied.
    But in most civilized countries no one can just take money from any account, all transfers has to be initiated by the account owner.

    I get bank transfers from several affiliates, and they all need the info like you mentioned above, to be able to send to my account.
     
  8. dennisyu

    dennisyu Power Member

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    SMH.

    That is enough information for someone to do a ACH debit from your account, sure. It's just like setting up and paying your bills with your bank account or using a debit card.
     
  9. Stiletto

    Stiletto Jr. VIP Jr. VIP

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    It's perfectly safe to share this info. Most of it can be found online anyway. There are business directories online that publicly share all the info you've been asked for.

    No way somebody can empty your account without access to bank's system. And if they do have access, it's not your problem, it's bank's problem.
     
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  10. EggsMyBulls

    EggsMyBulls Newbie

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    Thank you guys for your answers. but I see different ideas I can't think a right answer ):
     
  11. se900se

    se900se Jr. VIP Jr. VIP

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    What is the name of the ad network?
    How are you suppose to get paid if you don't provide payment details?
     
  12. arc323

    arc323 Jr. VIP Jr. VIP UnGagged Attendee

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    Technically the company could initiate an ACH transaction from their merchant account. My merchant account allows me to enter banking info like you listed for an ACH payment from clients. I never use ACH, but it's there if i want to.

    I'd be careful about sharing this info. Maybe go get an internet bank account or something.

    If they did empty the account via ACH it will be hard to get your money back.
     
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