Can someone set up a Direct Debit with my account number and sort code?
It does not take long for someone to set up a direct debit payment system. All you need are your banking details, which include your account number and sort code. As scary as it can be to provide organisations and companies with these numbers, keep in mind that there is not a lot that can be done with them. While you, yourself, can set up a direct debit with these numbers, no one else can do it for you.
Actually, first, we should understand what both these numbers are. An account number refers to the number of the account you want the money transferred out of to pay for the service or product. The sort code, though, is a six-digit code that represents the exact bank and location you set your bank account at.
While these numbers are pretty safe, and you don’t have to worry a lot, you should still refrain from giving others your banking details! For example, security codes and credit card information should be kept private and away from the public internet. Before you set up your direct debit, double-check that the website is real and secure.
Direct Debit Set Up Codes Conclusion
You don’t have to worry about the risk that someone else will set up a direct debit with your account number and sort code. However, you should still keep both a secret. At Mortgage House, you won’t have to worry about security as the loan repayment system is tough!