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A comment on Big U.S. Banks Are Stiffing Account Takeover Victims. Parent comment

Re:Big U.S. Banks Are Stiffing Account Takeover Victims by bombcar on Friday October 07, 2022 @03:40PM (#33125977)
One defense is to just have two banks, one for "real bills" and one for Zelle/Venmo "play money" bills.

Then at worst you're out the play money. Make sure it's set so the real money can only push into the play money account.

[ Parent | on HN ]
Re:Big U.S. Banks Are Stiffing Account Takeover Victims by 5d8767c68926 on Friday October 07, 2022 @04:50PM (#33126707)
How do I lock down my "real" account? For instance, I want to disable the ability for anybody to pull money, and I must manually push into a billing account which only maintains limited funds.

I briefly looked into this at one point and as best as I could tell, Chase would only let you disable ACH on business accounts.

[ Parent | on HN ]
Re:Big U.S. Banks Are Stiffing Account Takeover Victims by bombcar on Friday October 07, 2022 @05:00PM (#33126793)
You can'd directly disable ACH, though if you only have a savigns account it may help.

But ACH has much more defenses against someone pulling money than Zelle and friends do.

[ Parent | on HN ]