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Old 01-02-2006, 11:42 AM
JoyJoy JoyJoy is offline
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Default HSBC's Bank to Bank Transfers

mmmmm what do you think about giving HSBC your present bank's ID and password information to make a bank to bank transfer? I know they state they can verify the information fast this way but is this what all banks do to make transfers? I am new at this and since HSBC allows one to mail in their deposits or deposit by ATM, I may utilize these two ways of depositing and withdrawing. I just feel one can look into your bank account and see just what you have at any time. Scary LOL.

I opened my account with them and they made two trial deposits to open the account but now to transfer money on a regular basis why do they need my ID and Password?
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