Can/do banks share information about customers?

Banks do let customers review their personal information under certain circumstances. “If you opt out, your bank will still be able to share information about you with outside entities in certain circumstances, but you will be putting a limit on at least some information sharing.”

What can someone do with your banking information?

What Can Someone Do With Your Bank Account and Routing Number?

• ACH Fraud. …
• Online Shopping. …
• Depositing Money. …
• Create Fraudulent Checks. …
• Contact Relevant Agencies. …
• Cancel Your Account. …
• Which bank details should I keep secret? …
• Is it safe to give out your account details?

What can someone do with name address and bank details?

Fraudsters can use your identity details to:

• Open bank accounts.
• Obtain credit cards, loans and state benefits.
• Order goods in your name.
• Take over your existing accounts.
• Take out mobile phone contracts.
• Obtain genuine documents such as passports and driving licences in your name.