Legal Question in Banking Law in India

Sir,

one person is going to pay me some amound through international certified bank draft or through bank transfer.And the person need some information like 1.Name and address of my bank.

2.Bank account number.

3.Bank account name.

4.Routing number.

5.Any other relevant bank information.

6.Any valid identification.

if i give all these information blindly is there any chance es of any danger to me? And the person says that,according to the Director of the Foreign Operation Department in line with their banking policy, my presence is highly needed in their office in order to sign the original copy of the Fund Release Authority Documents and collect the original" Bank of china leave"of the International Certified bank draft been drawn on my name.and if i may not be able to visit the Foreign Operation Department to sign this necessary documents and collect my bank draft, which means i am only required to pay for the shipment of the bank draft and the documents to my appointed destination.

sir ,i need your help to detect if there any potential danger.

thank you.


Asked on 12/15/10, 9:47 am

1 Answer from Attorneys
J. Radhakrishnan independent Practice

If u trust the person who is to pay the amount is a genuine party known to you and if the amount is legally due to you, you can give him your bank name, address, account No. and IFSC code to enable him to transfer funds. Beyond this no further information need be given to him. Other details mentioned should not be furnished. You must secure his acknowledgment of having received the above particulars, provided the funds transfer is legal and from a trusted genuine party known to you

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Answered on 12/16/10, 7:07 pm


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