Bank Code Bank Code Security 1

Question 1

If someone gains access to your bank routing number alone, what can they do with it?

Accepted Answer

Set up unauthorized direct debits combined with your account number

Answer

A routing number alone is not sufficient for fraud, but combined with your account number it can be used to set up unauthorized ACH debits.

Question 2

What is the safest way to share your routing and account numbers with an employer for direct deposit?

Accepted Answer

Through the employer's secure HR portal or in person

Answer

Sharing banking details through a secure HR portal or in person is safest, as email, phone, and text can be intercepted.

Question 3

What should you do if you suspect your bank account number has been compromised?

Accepted Answer

Contact your bank immediately to close or freeze the account

Answer

You should contact your bank immediately to close or freeze the compromised account and open a new one with a new account number.

Question 4

Routing numbers printed on checks are considered:

Accepted Answer

Semi-public information used in normal banking transactions

Answer

Routing numbers are semi-public — they identify the bank and are printed openly on checks, though your full account details should remain protected.

Question 5

Which scam commonly exploits routing and account number information?

Accepted Answer

Fake check scams leading to ACH fraud

Answer

Fake check scams often trick victims into revealing account details or cashing fraudulent checks, enabling ACH fraud using stolen routing and account numbers.

Bank Code Practice Test

Bank Code Practice Test

Bank Code Bank Code Security 1