I thought the take money out of someones account was just an issue in USA.
UK definitely and I thought EEC banks use a different system that stops that.
It used to be common in Germany to order things (e.g. per mail order catalog) by giving your name, address and account number. I think it is still used when signing up for services. And "SEPA direct debit mandates" are still popular.
It used to be common in Germany to order things (e.g. per mail order catalog) by giving your name, address and account number. I think it is still used when signing up for services. And "SEPA direct debit mandates" are still popular.