No. Unless you give out your account number, banks do not release information regarding your bank statement to unknown third parties without your consent.
You need direct permission
Generally, accessing any account that is password protected is illegal. You can't read someone's emails or check their bank balance, for instance. If you need a password to get into that account, you're breaking the law to enter it, even if you got in by correctly guessing that password.
Fraudsters can look all over the place to try to find personal or banking details. What you throw away could be gold to them. To cut down on paper, get bank and credit statements online. If you don't want to go paper free, file your personal and banking details away.
First let's clear up one myth - giving out your bank account number and BSB is fine. "There is no issue in giving out your BSB/account details as it's only possible to deposit funds rather than withdraw funds," an ING spokesperson told Money. "If an unauthorised debit occurs then the debiting institution is liable."
To keep your information safe, we suggest only providing your BSB and account number to people you know and trust (such as family, friends or your employer etc.)
You can visit your bank and fill out a form with your account information and amount you want to take out and present it to a teller. Work with a bank teller. Let the teller know you don't have a card, and they can walk you through the bank's process of retrieving money from your account.
According to the 2021 State of Mobile Finance App Security report, 77% of mobile banking apps have at least one security vulnerability that could lead to your personal data being leaked [*]. If hackers gain access to your banking information, this puts you at risk of not only financial fraud — but also identity theft.
Identity thieves can take out loans or obtain credit cards and even driver's licenses in your name. They can do damage to your financial history and personal reputation that can take years to unravel. But if you understand how to protect yourself, you can help stop this crime.
It's not the same as a scammer obtaining your credit card digits. No one will be able to withdraw money from your personal bank account if all they have is your account number.
Don't share your Debit / Credit cards with any one. Don't share your personal information like Debit card details/PIN/CVV/OTP/Card Expiry Date/UPI PIN, over phone mails/e mail/SMS to anyone even though some one pretending to be bank officials. Your bank never asks for such details to customers.
Your name, address and date of birth provide enough information to create another 'you'. An identity thief can use a number of methods to find out your personal information and will then use it to open bank accounts, take out credit cards and apply for state benefits in your name.
Identity thieves can retrieve account data from your card's magnetic strip using a device called a skimmer, which they can stash in ATMs and store card readers.
Withdrawing money using a cardless ATM
But withdrawing cash from a cardless ATM can generally be done in a few easy steps: Open your bank's app and choose the account you want to withdraw from. Tap your phone to the reader—or scan the QR code on the ATM. Verify the transaction for the ATM withdrawal.
Most banks won't allow someone not listed on your account to make transactions in your name unless you have given explicit permission. In legal terms, this means granting the person financial power of attorney (FPOA) by signing a legal document stating what transactions the person is allowed to make.
For cardless cash withdrawals customers need to have any UPI application installed on their smartphone and the UPI PIN. Without the UPI PIN customers won't be able to complete the process of cash withdrawal without an ATM card.
Is it possible for someone to use your debit or credit card with just the card number and the CVV? Yes, this type of fraud is known as "card-not-present" fraud, as the thief does not have possession of the physical card. This type of fraud is becoming more common with the rise of online shopping and e-commerce.
ATM scams can involve stealing your debit card number or personal identification number. Popular scams that thieves use include using a counterfeit device for access to the door to the ATM and using a false façade on the front of the machine.
Phishing
With phishing, hackers attempt to steal valuable information by impersonating a trusted source. Phishing schemes can come in several different forms, including phone calls, fake websites and sales emails.
Fake or malicious websites can hack your phone through sophisticated drive-by downloads that can launch an attack without any user interaction such as clicking a link or downloading a file. Even legitimate websites can be abused by hackers to infect your device via malvertising pop-ups and banners.
Can hackers watch through your camera? If a hacker installs spyware on your phone then there is a good chance they will be able to access your camera and turn it on/off as they please. They may also be able to access any photos or videos you have previously taken.
No device is completely immune to security risks, and it is still important for users to be cautious and alert. There's a chance someone could be spying on you through your smartphone camera.
Contact your bank immediately to let them know what's happened and ask if you can get a refund. Most banks should reimburse you if you've transferred money to someone because of a scam.
Do banks reimburse stolen money? Banks often reimburse stolen money, but there are some exceptions. Transactions not made by you or anyone authorized to use your account are fraudulent, and federal law protects your money.
The scammers intercept an email, change the bank details on the invoice and send it on for payment. In many cases, they use spoofing to make the email address seem credible and trustworthy. Spoofing changes a letter or domain in the email address to make it appear legitimate.