nanntique
|
posted on April 19, 2002 01:17:27 PM new
Last night I had an auction close, that the buyer turned out to be from a middle European contry, one I have never dealt with before. I sent off my standard end-of-auction message stating that I take PayPal, checks, money orders, etc; and the following is the response I received back.
"I tried to enter PayPAl but it seems to be difficult for overseas. I would prefer to send the money to your bank directly. Could you send me the name and address and your bancaccount ?"
I am reluctant to do that. What do you think?
|
buyhigh
|
posted on April 19, 2002 01:38:10 PM new
You have to ask this? Ofcourse you should not give your bank account#. Central European countries are high on the list for fraud. Do not give it to anyone in Nigeria either! Have you checked on the feedback for this individual? Maybe he is bidding on stuff so that he can amass a supply of BA#'s.
buyhigh
|
kahml
|
posted on April 19, 2002 01:43:40 PM new
If using PayPal from overseas is difficult, have this winner send you an international money order.
DO NOT, UNDER ANY CIRCUMSTANCES, GIVE OUT YOUR BANK ACCOUNT NUMBER!!!
Reluctant is smart in this case.
|
sun818
|
posted on April 19, 2002 01:50:28 PM new
Wire transfers are a common way of doing business outside of the United States. Don't assume they out to be fraudulent. But what the others say is sound advice. If a country has a developed financial structure, they should be able to send you payment via Paypal. Or use BidPay.com (Western Union International Money Order).
|
popnrock
|
posted on April 19, 2002 01:52:29 PM new
We have received wire transfers with no problems.
|
trai
|
posted on April 19, 2002 01:54:14 PM new
Does this buyer wish to pay you with a wire transfer? They then would need your bank number.
Check with your bank but as far as I know they can put funds in but can not transfer any out.
|
stopwhining
|
posted on April 19, 2002 03:05:42 PM new
first ,your bank will charge you a fee for accepting incoming wire,so you may want to include this as part of handling cost.
second there is reason to be cautious,it is true wire transfer is very common in intl commerce,but it usually involves commerical transactions,like you order from a foreign factory or exporter where large amount warrants wire transfer fee.
but i have seen individual using wiretransfer if they have access ,there was this german executive who bot a book for 25 dollars and instruct his company secretary to initiate wiretransfer.
if he runs his own business and does it for business,why not do it for you??
if you fear they may exploit your bank number,talk to your banker .
|
stopwhining
|
posted on April 19, 2002 03:08:53 PM new
another thing about wiretransfer,if your bank is not one of the big banks such as citibank,bank of america etc,he will have to go thru one of these big banks so there will be more days involved.
|
nanntique
|
posted on April 19, 2002 03:14:55 PM new
THE BUYER IS IN SWITZERLAND.
|
oklahomastampman
|
posted on April 19, 2002 03:21:27 PM new
Your Bank's Identification Number and your Bank Account Number are on the bottom of each and every one of your personnal checks for everyone to see. Those numbers are needed for somebody else to place money into your account, such as through a wire transfer.
Your signature is needed for a withdrawl to be made from your account.
I have had my local bank call me and check to see that a check of mine had actually originated from me because my signature looked a little screwy - I was in a hurry and scrawled more than usual.
|
trai
|
posted on April 19, 2002 03:24:42 PM new
They should be able to pay you via bidpay, payingfast.money orders.
Billpoint and paypal also accepts payments from Switzerland.
|
stopwhining
|
posted on April 19, 2002 04:02:27 PM new
the swiss have money,they are the world's bankers,they do wire transfer for breakfast,lunch and dinner,throw in mid nite snack.
why dont you marry him??
|
themedalsguy
|
posted on April 19, 2002 05:20:18 PM new
I keep a separate account just for the purpose of accepting wire transfers (and Paypal!).
If you keep it regularly cleaned out with only a few bucks to hold the account open, let 'em do what they will.
|
CarolsClutter
|
posted on April 19, 2002 08:27:57 PM new
nanntique,
You could always ask the buyer for him name of the bank he going to use.
Have him supply you with the address and phone number contact person at the bank.
Then ask your bank to contact them directly. Most banks have something like a yellow pages of all the major banks in the world.
Or could do the checking yourself, once he gives the info. You find that most major banks have a web site or email address where you can contact them. Once you contact the banker you could give them the info, too.
So there ways to try to protect oneself.
Good Luck!!
Len
If it is on the up and up, the buyer understand and so will the bank.
Thank you for your business and come again!
Carol's Clutter Marketplace
|
ok4leather
|
posted on April 19, 2002 09:07:57 PM new
I dont care what anyone says - Giving bank account information to an Unknown via email over the internet is :lets be conservative here: just plain UN-prudent and less than smart. All they need is your bank routing # and they can hit your bank with a fake check or electronic check. You can dispute it with your bank but its a real workout to get your money returned . At the least you will get hit with currency conversion fees. If your lucky It will work fine but its so easy for him to buy an international postal money order or buy an electronic one. - If your not you could get the worst sting of your life.
Wish you the best.
Ok4
|
sparkz
|
posted on April 19, 2002 09:13:11 PM new
Depending on the banks involved, some wire transfers can be cumbersome and expensive. Ask yourself, why would he want to go through this proceedure with someone he has never dealt with before, unless there is a VERY large amount of money and / or value involved? The whole thing could be taken care of in 5 minutes with Bidpay at a total cost of 5 bucks.
The light at the end of the tunnel will turn out to be an oncoming train.
|
