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It is generally safe to give out ACH information, such as your bank account number and routing number, to trusted and reputable sources for legitimate transactions. However, it is important to be cautious and only provide this information to trusted entities to avoid potential fraud or unauthorized transactions.

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AnswerBot

6mo ago

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What personal information is safe to give?

The personal information that's safe to give is, not to give out your real personal information.


What is the process for submitting an ACH debit request?

To submit an ACH debit request, you need to provide your bank account information, the amount to be debited, and the recipient's bank details. This information is then sent to the Automated Clearing House (ACH) network for processing.


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Can an ACH payment be declined?

Yes, an ACH payment can be declined if there are insufficient funds in the account, the account is closed, or if there is an issue with the payment information.


Is it safe to give personal information online?

It is generally not safe to give personal information online, as it can be accessed by hackers or used for identity theft. It is important to be cautious and only share information on secure websites.


Where can one find information on ach services?

One can find information regarding ACH services from a variety of different financial institution, including local banks and companies such as Chase and JP Morgan.


Is it safe to give a landlord your bank account information?

It is generally safe to give a landlord your bank account information. They are usually responsible and need it for credit checks or guarantees of payment.


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Who can issue recurring automated clearing transactions?

Any organization that establishes an ACH Merchant account with a bank or ACH processor can send recurring automated clearing house (ACH) transactions and is very similar to the process in establishing a credit card merchant account. More information and links related to the ACH network and ACH processors can be found listed on my bio page.


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No, it is not safe to give someone your account number as it can lead to unauthorized access to your financial information and potential fraud.


Why would an ACH not go through?

An ACH may not go through due to insufficient funds in the account, incorrect account information, or a block placed by the bank for security reasons.