Originally Posted by tonylumpkin
I find it somewhat odd (and I'm guilty myself) that we have a problem with handing those numbers (routing etc.) over when we've readily handed them for years, every time we write a check.
I'm actually a huge Timezone guy myself, and for almost a year, I gladly gave my account and routing numbers out to save $175 per watch on the ridiculous paypal fees.
Then one day my brother asked me - "aren't you afraid they'll take your bank info and open a paypal account with it and steal all your money?"
I really never thought about it until then - it's really true - but then again, why are checks any different?
can't they just take your info from them and open a linked paypal account?
after that, I freak out anytime anybody ever asks to use a wire transfer - now I'm more than happy to share the money with paypal, however greedy they may be...