Most of the bank’s online bill-paying service is not provided directly by the bank. They deduct the funds from your account right away and often outsource this service to a third-party provider of bill-paying services.
The service provider agents function and located in foreign countries. These farm out customer agents have access to your bank account number, Social Security number, and your balance. This results that people have your personal information in countries where you have no rights and not secured. Moreover, enemies of your nation can easily access your data.