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 Message 387 
 Ward Dossche to August Abolins 
 Re: eTransfer loophole 
 18 Mar 23 19:02:57 
 
MSGID: 2:292/854 19051e5f
REPLY: 1:153/757.21@fidonet 068276c0
TZUTC: 0100
Hey August,
 
AA> However, personal cheques do seem to be subject to fraud every
AA> now and then.
 
What I intended to say is ... this requires manual intervention, it's a
person's job and his/her/its salary is paid by whom/what? That makes banking
more expensive.
 
I haven't used cheques for a payment since ... can't remember. At least 25
years.
 
AA> I think the problem is inter-country banking. Any out-of-
AA> country transaction needs to be scrutinized and tested more
AA> carefully.
 
It's exactly the same as an in-country payment ... it goes through a
clearing-agency which auto-approves or declines.
 
AA> Wrt cc cards being re-activated every 6 months - I never heard
AA> of that. Perhaps your source of information is outdated.
 
My source of information is pretty current.
 
When I travel to the US (not Canada) my first transaction needs to be through
a bank-ATM to verify my presence in the country. If I go eg to an
airport-diner without passing via an ATM first, the transaction will decline.
 
Enjoy the week-end ...
 
 \%/@rd

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