Best practices

Be careful when sharing your IBAN

Sharing sensitive banking information such as your International Bank Account Number (IBAN) with others can be risky. While it is essential to share this information for transactions such as wire transfers, it is equally important to ensure that you only share it with trustworthy individuals or entities.

Sharing your IBAN with someone you do not trust can result in unauthorized transactions, identity theft, and other financial fraud. Scammers can use this information to drain your bank account, steal your identity, or engage in other illegal activities.

Therefore, it is essential to always be careful when sharing your IBAN. Do not share your banking information with anyone unless you are confident that they are trustworthy. Be sure to keep your IBAN information private and secure, and avoid sharing it through unsecured channels such as email, instant messaging, or social media.

If you need to share your IBAN with someone, make sure that you do so through a secure platform. Websites like offer secure, encrypted services that allow you to share your sensitive banking information with others safely.

In conclusion, protecting your IBAN is crucial to safeguarding your financial well-being. By being cautious about who you share your banking information with and using secure platforms to share it, you can help prevent financial fraud and identity theft. Remember, never share your IBAN with anyone you don’t trust.

Best practices

Always use secure, encrypted websites

When it comes to sharing sensitive bank information such as your IBAN, it’s important to take the necessary precautions to protect yourself against potential security breaches or data theft. One of the most important steps you can take is to always use secure, encrypted websites when sharing this type of information.

Secure, encrypted websites use encryption technology to scramble your sensitive data as it is transmitted over the internet, making it much more difficult for hackers or other unauthorized third parties to intercept or access your information. When you use a secure website, your information is encrypted and can only be decrypted by the intended recipient.

To determine if a website is secure, look for the lock icon in the address bar of your web browser. This icon indicates that the website is using secure encryption technology to protect your data. In addition, the website address should begin with “https” instead of “http”. The “s” in “https” stands for “secure” and indicates that the website is using encryption technology.

It’s important to note that not all websites use secure encryption technology, even if they are asking you to provide sensitive information such as your IBAN. Therefore, it’s always a good idea to double-check that a website is secure before entering any sensitive data.

If you’re unsure whether a website is secure, you can also do a quick online search to see if there are any known security issues or concerns associated with that website. Additionally, you should never enter your sensitive information on a website that you don’t trust, or that doesn’t have a track record of security and reliability.

By taking the time to ensure that you are using secure, encrypted websites when sharing sensitive bank information, you can help protect yourself against potential data breaches or theft. It’s a small but important step that can go a long way in safeguarding your personal and financial information.