cm0002@lemmy.world to Privacy@lemmy.dbzer0.com · 9 months agoWhich of these is the least evil option?lemmy.mlimagemessage-square5linkfedilinkarrow-up126arrow-down11cross-posted to: privacy@lemmy.mlOdoo@lemmy.ml
arrow-up125arrow-down1imageWhich of these is the least evil option?lemmy.mlcm0002@lemmy.world to Privacy@lemmy.dbzer0.com · 9 months agomessage-square5linkfedilinkcross-posted to: privacy@lemmy.mlOdoo@lemmy.ml
minus-squarebesselj@lemmy.calinkfedilinkarrow-up14·9 months agoSeconded for wire transfer. I don’t know as much about it, but going directly through banks without an intermediary who might sell your data is preferable.
minus-squaresugar_in_your_tea@sh.itjust.workslinkfedilinkarrow-up4·9 months agoAnd some institutions waive the fees, which is super nice.
minus-squarepipes@sh.itjust.workslinkfedilinkarrow-up10·9 months agoSEPA Direct Debit is also a wire transfer (bank to bank)
minus-squaresudneo@lemm.eelinkfedilinkarrow-up3·9 months agoWire transfer can still go through intermediaries, although I generally don’t think these companies are in the business of selling data. For example, a bank can use a service to connect to a scheme (say SEPA, or FPS, or whatever). Source: I have been employed by a company who does this.
Seconded for wire transfer. I don’t know as much about it, but going directly through banks without an intermediary who might sell your data is preferable.
And some institutions waive the fees, which is super nice.
SEPA Direct Debit is also a wire transfer (bank to bank)
Wire transfer can still go through intermediaries, although I generally don’t think these companies are in the business of selling data.
For example, a bank can use a service to connect to a scheme (say SEPA, or FPS, or whatever).
Source: I have been employed by a company who does this.