What is a SWIFT / BIC code? What is the difference between IBAN and SWIFT? What is an ABA number? What is a telegraphic transfer What are SEPA payments What is a beneficiary How does your pricing work?Security I suspect my beneficiary to be fraudulent, what should I do? How do I...
Generally, providing your BSB and account details to suppliers is safe, as the details are used to deposit, rather than withdraw, funds. However, there’s a possibility that your details may be used to set up direct debits if the debiting business doesn’t verify ownership of the account ...