Next part carding terms, which you must de know before you start do carding
What is a Bank Drop? - A bank account set up using people's fake or stolen identities to receive fraudulent transfers to other accounts. To keep a bank account from being closed you need to set it up and maintain it properly.
What is a SWIFT? - International interbank system of information transfer and payments. The system itself is not a payment system - it does not perform the functions of settlement and mutual clearing between participants. High value target but heavily monitored
What is a Wire? - Bank transfer between accounts, usually within a country. Faster than ACH, but has higher fees and is more closely monitored by banks
What is a ACH? - Automated Clearing House is an electronic funds transfer network that manages automatic and direct electronic payments. The ACH network allows any organization (company, government agency or person) to send or receive money. ACH is a more secure transaction method and is most commonly used for direct deposits, consumer accounts, payroll, reimbursement and tax payments, and many other payment services. Takes several days but less monitored than wires. Essential for large bank fraud schemes
What is a Bank Logs? - Online banking credentials with access to an account that has been stolen. Quality logs have good balance and minimal security that are easy to dispose of
What is a Zelle? - Instant money transfer service between banks. One of the most important tools of bank fraud because transfers are instantaneous and difficult to cancel. Popular but risky because of the need for verification
What is a Cashapp? - A payment application that can be linked to a person's bank accounts. Needed for cashing out amounts with less scrutiny
What is a Bank Method? - Specific techniques for successfully getting money from bank accounts, can occasionally be found in tutorials on carding forums. The methods depend on the bank and the type of account
What is a Bank Login? - Credentials for accessing online banking portals. More valuable for large balances and business accounts
What is a EMT? - Electronic Money Transfer system used by banks. There are methods to bypass recipient verification and send money instantly to any account. These methods can also often be found on carding forums, including cardingmania
What is a Load? - The process of sending stolen funds to bank accounts under the control of fraudsters. This is usually done through access to online banking for subsequent cash-out.
What is a CU? - Credit Union accounts with lower security than major banks. Easier targets for fraud.
What is a Bank Drop? - A bank account set up using people's fake or stolen identities to receive fraudulent transfers to other accounts. To keep a bank account from being closed you need to set it up and maintain it properly.
What is a SWIFT? - International interbank system of information transfer and payments. The system itself is not a payment system - it does not perform the functions of settlement and mutual clearing between participants. High value target but heavily monitored
What is a Wire? - Bank transfer between accounts, usually within a country. Faster than ACH, but has higher fees and is more closely monitored by banks
What is a ACH? - Automated Clearing House is an electronic funds transfer network that manages automatic and direct electronic payments. The ACH network allows any organization (company, government agency or person) to send or receive money. ACH is a more secure transaction method and is most commonly used for direct deposits, consumer accounts, payroll, reimbursement and tax payments, and many other payment services. Takes several days but less monitored than wires. Essential for large bank fraud schemes
What is a Bank Logs? - Online banking credentials with access to an account that has been stolen. Quality logs have good balance and minimal security that are easy to dispose of
What is a Zelle? - Instant money transfer service between banks. One of the most important tools of bank fraud because transfers are instantaneous and difficult to cancel. Popular but risky because of the need for verification
What is a Cashapp? - A payment application that can be linked to a person's bank accounts. Needed for cashing out amounts with less scrutiny
What is a Bank Method? - Specific techniques for successfully getting money from bank accounts, can occasionally be found in tutorials on carding forums. The methods depend on the bank and the type of account
What is a Bank Login? - Credentials for accessing online banking portals. More valuable for large balances and business accounts
What is a EMT? - Electronic Money Transfer system used by banks. There are methods to bypass recipient verification and send money instantly to any account. These methods can also often be found on carding forums, including cardingmania
What is a Load? - The process of sending stolen funds to bank accounts under the control of fraudsters. This is usually done through access to online banking for subsequent cash-out.
What is a CU? - Credit Union accounts with lower security than major banks. Easier targets for fraud.