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Is there such a thing as a deposit-only bank account?
There is such a thing as Deposit Only. This will allow the individual's account to function only for collection of monetary deposits.  NO ONE will be able to withdraw...only deposit.  The account holder may still physically withdraw at their banking institution.  Think of it as taking your account from a "public" profile to a "private" profile.  Doing this is beneficial for ppl who may have been scammed into a program or product where there account is bieng fraudulently overdrafted, or simply to protect your funds from bieng drafted without your approval or despite your requests for ceasing the drafts.  When making your account a deposit only account it's a good idea to open a NEW account at a Different banking institution, because some banks will still allow an account that is "attached" to the deposit only account to be drafted from it.   WIth the new account you can utilize that one for paying day to day bills and just transfer funds from the deposit only account to the new account.   A deposit only account is also a good way to build up a nice nest egg for yourself or even a young adult! source- Financial Adivsor 4years-