Asked by: Caryn Gutsteinreal estate real estate renting and leasing
What can a landlord do with your bank account number?
Last Updated: 31st May, 2021
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Consequently, is it safe to give bank account number on rental application?
Some rental lease applications ask for your bank account numbers and balance amounts. That's too much information and you shouldn't provide it to anyone. If it's a deal breaker, find other places to rent with more reasonable applications, unless you really don't have any other option.
Beside above, do renters check your bank account? Even if your landlord gets hold of your bank account number, he really can't do much with it without your consent. In most cases, a bank can't disclose to a third party, any non-public information such as your bank balance unless a court orders it to do so.
Similarly one may ask, what can someone do with your bank account number?
- They can use your account number for online shopping if they also have your driver's license information.
- They can withdraw money from your account if they also have your personal information.
- They can deposit money into your account.
Is it dangerous to give your account number?
Yes, it is safe. Bank account numbers are not necessarily supposed to be secret. Not only is sharing your account number safe, it is standard practice for the receiving party to make their account number and routing details known to the paying party.