Once I share my checking account and routing numbers for ACH, what stops someone from pulling funds without my consent?

Asked Apr 9, 2014· 1 answer

Faisal KhanAnswered Apr 9, 2014

The system is prone to abuse, however, to "PULL" money from someone's bank account, the ACH processor needs to have proof of authorization. In most cases nowadays ACH processors will require a signed statement authorizing pull from the ACH account.

ACH Account-to-Account Payments Payment Infrastructure Direct Debit

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