Message-Id: <9m11e3-8l7.ln1@michelle.jbryce>
From: Jonathan Bryce 
Subject: Re: Chip and Pin - At Banks
Newsgroups: uk.finance
Date: Tue, 07 Mar 2006 18:57:45 +0000

JaffaB wrote:

> Yes, but they also still get you to sign paper when you withdraw either
> by cash or by Bankers cheque.   How does the clark at the bank know it
> is me?  Why is the risk less than using the card to purchase goods at a
> shop?
> 
> If I found a card on the street and was so inclined, what stops me
> walking to the local Natwest (or wherever the card belongs to), walking
> up to the counter and saying "I want to withdraw £200 please" and
> signing with an attempt of the signiture on the back of the card?

Halifax won't let you withdraw over the counter for at least some accounts. 
They tell you to go to the machine to get money, which does use some sort
of Chip & Pin technology.