A close relative of mine wants my bank routing number and account number to give me some money as a gift. I have received money from this person in the past but in the form of a check. Now they want to deposit it electronicaly because it's easier for them and more secure than sending a check in the mail. Obviously those numbers are on every check I write so I'm not too worried about giving them out. The problem is that their bank is going to make a couple of small deposits into my account. Then I'm suposed to tell my relative what the deposit amounts are. This leads me to beleive that my relatives bank is trying to verify the owner of the account, right? They are trying to verify that my relative is the owner of my account in other words. Won't this allow my relative to not only deposit money but withdrawl it as well?
Submitted April 09, 2019 at 09:51AM by an-awesome-opossum http://bit.ly/2Z3nKqy
