Putting the ACH in ACHE?
July 13, 2012 12:18 PM Subscribe
I use ACH transfers for a lot of things: my paycheck and retirement money go directly into my bank account, my rent and several credit cards and utilities get paid out of it, and i transfer money back and forth between various banks. What safeguards keep anyone who has a check of mine (with routing # and account #) from making a transfer to themselves? Or for that matter, keep businesses that i gave the information to from taking out more than i authorized?