Business Bank Account Hacked! :frown

[AZZIK]

I had large amounts withdrawn from Abbey business current and deposit accounts twice within six months. It was all too easy. Someone knew my security details, and used the internet to make payments to a third party with a Baltic republic sounding name. It was scary watching both accounts being set up to be cleared within a single day.

Abbey refunded the money quite quickly but insisted that the security lapse with my fault rather than theirs. I agreed to disagree and left to join Barclays, who are expensive (£18 per month) and only let you see the last 80 days of transactions online (Ha, Ha! That is so lame!), but they provide you with one of those RSA pin-reading calculator devices which you have to use to create third party payments, so in the light of my experience, the cost is acceptable.

HSBC let you do all this for free now....

[schindler]

HSBC let you do all this for free now....

Planning to ditch Cater allen and open a business direct account with HSBC which they say is free and much secure.As told by previous members, CA did refund the money quite quickly,but insisted that it is not from their side that the security breach happened.was thinking of opening an account with Abbey and now having second thoughts....A&l,Abbey and CA are all part of sanatander....so if they can hack CA using insider information then they might as well can do it to other banks i wud think.....