It just makes no sense, what company is requiring you to use this service?
This is the reason bank accounts have an account # and routing # so you don't have to give anyone your bank account login info...
It just makes no sense, what company is requiring you to use this service?
This is the reason bank accounts have an account # and routing # so you don't have to give anyone your bank account login info...
I haven't been required to use it, but it is 10x easier to use it. I avoid it.
Bittrex for example now uses it.
Their argument is routing and account number isn't enough proof that you own the account. It also makes it 10x harder to get your money out. Win Win for them.
yeah that is crazy, these corporations just try to make it as difficult as possible for people to move their money around...