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Paying via bank account - security?

I noticed that when using the pay via bank account option all you need to do is enter an account name, bsb and account number. Presumably after this AGL deduct the bill amount from that account. Is there something on the bank side that prompts to ask for permission to deduct the funds? Otherwise what's to stop someone entering anyone's bsb/account number and having the funds deducted from their account?
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