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11:42 AM This info does not constitute financial advice, always do your own research on top to ensure it's right for your specific circumstances and remember we focus on rates not service. Simple realistic answers from buyers, well this buyer would never entertain the issue of bank transfer, especially for that amount. Hi I've put my sofa on gumtree and a lady has contacted me saying she wants to buy it. If you live overseas send me a message via ebay .I will not ship these items or help with shipping if you use paypal . » buyer wants to do bank transfer instead of paypal, is this unsafe? 04:05 PM. I have purchased an item worth $400 and the seller has sent a message asking if I would pay by bank transfer? Usually, if someone asks for a “bank wire,” they want a traditional, domestic bank-to-bank transfer. Purchases made with ACH take 5 days for the coins to be delivered, while SEPA purchases take less than two days. Quite a lot of sellers use their item description to declare that they won't accept PayPal - here's a random example, from a listing I was looking at a few minutes ago:"Before you press the buy it now button please read the following conditions .If you want to bid please ring or text me on 0412 xxx xxx. A bank transfer is when money is sent from one bank account to another. 07-08-2016 Here are some of the rules that you need to be aware of when using PayPal: A seller using PayPal: Meet at the Buyer’s Bank Meet the buyer at the bank where he or she has an account. 10:05 AM. a simple realistic answer will do cheers. If they do the fee for a transfer could be much less. Read our cookies policy. Copyright © 1995-2021 eBay Inc. All Rights Reserved. Do you actually read the boards? Most banks give you two options: You can take the title, or you can let the bank know where to send the title. 06:31 PM. 07-08-2016 on 07-10-2016 Pickup or viewing is available at xxxx most days via appointment .All goods are advertised elsewhere and may be sold at any time .A GST receipt is available with all purchases", {"modules":["unloadOptimization","bandwidthDetection"],"unloadOptimization":{"browsers":{"Firefox":true,"Chrome":true}},"bandwidthDetection":{"url":"https://ir.ebaystatic.com/cr/v/c1/thirtysevens.jpg","maxViews":4,"imgSize":37,"expiry":300000,"timeout":250}}. Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type. If you insist that the seller pays off his loans before you buy the vehicle, make sure you get a signed, written proof of payment from the seller's bank or financing company. You went to the bank and either withdrew the required cash or got a bankers draft (known as a bank cheque in some countries), then went to the dealership and paid for your car. Zelle is a quick way to pay people you know and trust in minutes. 07-08-2016 11:56 PM. This seller has got very good feedback but I have that feeling that things won't end well lol. Do not forget the tme difference either, your seller may be working and cannot respond. If a seller was demanding bank transfer, I'd not think twice about hitting the PayPal button, purely to show them I'll pay how I see fit. Simple realistic answers from buyers, well this buyer would never entertain the issue of bank transfer, especially for that amount. "Wire Transfer FAQs: What Is a SWIFT Code?" Have the check cashed and then turned into a cashier’s check made out to you. "Wire Transfers - Frequently Asked Questions: When Do You Process Wires." Seller News. A victim of ‘authorised push-payment’ fraud reveals how she lost £20,000 of her life savings to the bank transfer scam. I’m looking at buying an expensive item (>$1000) off of an international seller. Bruno_Eye 22. 07-10-2016 07:31 PM 07-08-2016 Bank-to-service-to-bank option 1: Recipient fills in their details. 04:11 PM, Hi tazz I ended up sending a message and the seller said even though they would rather of got paid by bank. Nobody who does read the boards would ever have to ask that question. 04:10 PM. She is arranging for a delivery company to collect and has asked if she can do a bank transfer of the money as she won't see me in person. We use cookies to make the site easier to use. Bank of America. on ... Be aware these can also be faked, so it’s a good idea to go to the bank with the seller where the funds can be drawn. - edited Seller wants to be paid by bank transfer!!!! Seller wants a bank transfer instead of using PayPal. As lyndal said scrambler, Paypal only, I have 2 sellers that I'd be confident in using BT with no others. Drive off into the sunset, live happily ever after and so on. 07-08-2016 07:42 PM. Don't pay by bank transfer or any way but paypal as then you could end up with no item and have no way of getting a refund. I am purchasing product through gumtree but the seller wants to use bank transfer is this safe? ______________________________________________________, ____________________________________________________. as they have trouble accessing their paypal account sometimes. familiarise yourself with the latest version. Accessed March 16, 2020. Is it safe to buy on Gumtree using bank transfer? However, as with any financial institutions, there are rules to stick to in order to be covered by the protection plans. Why? We often link to other websites, but we can't be responsible for their content. One precaution I usually take when transferring money for the first time to a new recipient is to make a small £1 transfer initially and ask the recipient to confirm its safe arrival in their account. 07-08-2016 This is a 100 percent fail-safe way to be paid for both the buyer and the seller. Or ding stars badly. Well stawka I bid with many other bidders on the item and I won it. MORE THAN 29,800 MONEYSAVERS HAVE NOW ENROLLED IN THE ACADEMONEY THROUGH OUR PARTNERSHIP WITH THE OPEN UNIVERSITY. In Europe you can buy with your bank account via SEPA transfer. on He's aware that cheque will needs to be cleared before I can send the item. my item (maybe,maybe not) and if I don't then I'm out of pocket of $400. I will however go out of my way to help you ship these items if you pay for the item & shipping directly into my bank account .The reason for this is paypal allow a purchaser 150 days to lodge a dispute against me The seller .I now have 2 (items) stuck in the UK as i was forced to refund the purchaser whilst the (items) where in transit . Paid a £ Deposit via Bank Transfer - Seller Now Wants More. Random Acts of Kindness and All things Positive! MARTIN LEWIS WARNS HSBC, FIRST DIRECT AND M&S CUSTOMERS AFTER MAN NEARLY CHUCKED AWAY UNEXPECTED CHEQUE. transfer they understood and said to pay with PayPal. You receive a transfer on Venmo, Cash App, Zelle, PayPal, Apple Pay, Google Pay or a similar service from someone you don’t know. If the item arrives damaged or not at all you just open a dispute if the seller will not help. The seller is in anticipatory breach of that contract. You need to be sure you trust the seller though as there is no way to get the money refunded. Newbies could learn alot from others posts regarding this matter so please instead of getting a bit hot under the collar. 07-08-2016 on 07-09-2016 on Always remember anyone can post on the MSE forums, so it can be very different from our opinion. Is this legit? Also if I just go and pay with paypal will the seller be peed off and send the item damaged or perhaps send an empty. Read on for more information, including how to make a bank transfer and what details you’ll need. A banker’s draft doesn’t clear immediately, so again the seller will probably want to wait for the funds to clear before letting you drive away. So my dilemma now is if I pay by bank transfer and mind you I have never purchased from this seller b4, now will I get. Reply Prev 1. of 6. It will be a good idea to keep a close eye on your Email account and watch for phishing Emails,(especially. 09:58 AM. 07-10-2016 Yes the police are involved.The "seller"is saying someone hijacked their account and put an item for sale for sale that didn't exist.The police are investigating the account money was transfered to.Hopefully they will be able to help sort it out.They said this kind of fraud is on the increase. You have to be kidding? Red flag #1 asking to pay by bank transfer. 07-10-2016 - edited PayPal wants to protect its legitimate customers from various scams and so it has an amazing buyer and seller protection programs. Hello I have just bought something for 80£ and the seller wants a cheque or bank transfer, not paypal. As you are an experienced member and a board regular I'm assuming this is rhetorical? Online money transfer scams are still a popular way for Internet criminals to extract money from unsuspecting individuals and corporations. You might want to check with your banking institution about the fees, and to see if they have reciprocal agreements with the bank receiving the transfer. We don't as a general policy investigate the solvency of companies mentioned (how likely they are to go bust), but there is a risk any company can struggle and it's rarely made public until it's too late (see the. According to this: which.co.uk/con…cam It is possible but according to some other threads it isn't. Accessed March 16, 2020. Do note, while we always aim to give you accurate product info at the point of publication, unfortunately price and terms of products and deals can always be changed by the provider afterwards, so double check first. I would politely decline her offer of a bank transfer and say paypal is … Before you press the buy it now button please read the following conditions .If you want to bid please ring or text me on 0412 xxx xxx. If the buyer is financing the car, your bank will need to send the title to the buyer’s bank. If any of the bad scenarios do happen then I'm not in the mood or have time to straighten things out (so lazy as it's so cold lol). 04:01 PM, I have purchased an item worth $400 and the seller has sent a message asking if I. would pay by bank transfer? 07-09-2016 Back in the day, it was all quite simple. 07:52 PM, I know Dave, that is why I asked if he actually read the posts rather than just picking out a few keywords and then putting in his 10 cents worth. This is what is known as 'internal balance transfer' of home loans. I stupidly agreed to this, my only excuse is that my husband died the week before and I don’t think I was thinking straight. Search My Stuff. on Our bank and credit union partners are helping us make it fast, safe, and easy to send and receive money. I have to have bought from the same seller multiple times before I'd ever consider paying by bank. on Post Tweet Share Share with WhatsApp Share with Messenger Community Updates. 07:47 PM. 07-09-2016 11:43 AM, Sounds like the old time Chinese hijackers/scammers that would pocket money if the buyer was silly enough. 07-08-2016 Other Reclaiming: Mortgage Fees, Council Tax etc, Pensions, Annuities & Retirement Planning, Report Holiday Deals, Bargains & Special Offers, Martin's Blogs & Appearances & MoneySavingExpert in the News. They also asked for me to verify my address and said that people have many different addresses on ebay (ok I didn't know that) so they don't send it to the wrong address. @jeanuk1953 wrote: I bought an iPhone from a seller and wanted to arrange collection and pay him in cash but he sed this wasn’t possible but if I would make a bank transfer he cud give me a discount as it would save him PayPal fee. Wells Fargo. Bank Transfers are common for European sales. Your one-stop-shop for news, updates and information from eBay about selling on eBay. … So now it seems as though the seller isn't going to claim the payment. He says that he would need a bank transfer instead of PayPal. This buyer would report the seller and call ebay and ask them to cancel the transactiion so there was no chance of an unpaid item strike. Once the buyer pays for the car and you pay off the loan, the title is free and clear. A wire transfer describes any electronic transfer of money. A traditional money wire goes from one bank to another using a network such as the Society for Worldwide Interbank Financial Telecommunication (SWIFT) or Fedwire. A bank transfer, also called a wire transfer, is a way to send money from one bank account to another anywhere in the world. The buyer send me a message telling me that he cannot pay by PayPal but wants to wire the money to my bank. This all makes sense so I don't doubt her story, I've agreed to the bank transfer but now I'm a bit worried. Bank of America. The bad news: scammers prefer money transfers. Immediate bank transfer. Read any negative comments especially to see what they were about. To get started, search the list below for the bank or credit union where you already have a bank account. In both of these examples, scammers are likely at play, so here are a few tips to help you avoid money transfer scams. Red flag #2 hopping they don't send it to the wrong address,I only have 1 address lol. "Financial Center FAQs: Can I Get Cashier's Checks at a Financial Center." Paid a £ Deposit via Bank Transfer - Seller Now Wants More. Chase. Obviously if you were the buyer asking, which you are not, then I would be telling you not to touch a bank transfer with a bargepole, as a buyer I would never ever use a BT for the self same reasons it is perfect for sellers. After all....$400........lotta money....just sayin', on Seller not claiming payment so now I have to wait until this process goes full circle. 11:10 PM. 07-08-2016 Seller has many positive feedback and located a few hours from me so who knows really, on As to not being in the mood to sort things out, how can you sort anything out if the seller has used a hacked bank account and/or is not even in Australia. Editor, Marcus Herbert. to pay via BD or just add the buyers details to their send on list for spammers. An established seller padi,and now they have asked that as soon as payment is made then they will send the item. on Busted - not a real poster at all but an answering algorithm), on Posted 7th Feb 2018. COLD WEATHER PAYMENTS TRIGGERED - CAN YOU GET £25 TOWARDS YOUR ENERGY BILLS? I paid them nearly a week ago lol,but their not accepting it, on if you got the item at a very good price). 07-08-2016 First thing is have you checked the seller's feedback? 07:32 PM. If you use paypal you must pickup the goods in person. Which? on 12:38 AM. The buyer of the same property, at the same time, wants to take the home loan from your lender. Not just the first page but look back several pages. I really don't think it is worth the risk. 08:51 PM, on I would like to know the pros and cons and safety issues, also could anyone explain to me how a bank transfer works exactly?, thank you all answers I will never pay for anything on ebay other than via paypal. I have used bank transfer occasionally on Ebay without problems but normally pay via Paypal. 07-10-2016 We believe that every person using the Internet should familiarise themselves with the most popular money transfers scams to know how to avoid them and protect themselves from these scams. The advantages of sending a bank transfer are that you do not need to wait for anything to arrive in the mail, there are no cheques to cash, and the funds are available immediately upon receipt. - edited Accessed March 16, 2020. Are you even sure that there is an item to be bought? 07-15-2016 Is doing bank transfer to buy a product from a seller on gumtree safe and how does it work? I am not sure you would be able to get a refund should things not turn out. crows scrambler spends as much or more time on the boards as we do pj. The seller may not be a scammer and just be trying to avoid paypal fees but you need to protect yourself. Hey, I'll bet you knew that anyway about Paypal only !!!!! Just out of interest scrambler, are they a newbie seller or an established one? 07-10-2016 on Paid a £ Deposit via Bank Transfer - Seller Now Wants … According to the FDIC, “Using a bank or a money transfer company to "wire" funds electronically is an … 07-10-2016 Ask Show All Show less. 11:13 PM. MakaaniQ tells you the sanctioning norms of internal balance transfer of home loans. Once you’ve paid for the transfer, your recipient will get some sort of email or notification from the service that you’ve sent them money. on If a seller was demanding bank transfer, I'd not think twice about hitting the PayPal button, purely to show them I'll pay how I see fit. Transferring money from your bank account is usually fast, free and safer than withdrawing and paying in cash. So who's right? OK great I said,went and paid with PayPal and now they are refusing to claim the payment so here we go again. as they have trouble accessing their paypal account sometimes. If this goes OK I then transfer the full amount. That's a common line that a scammer uses to get free moneyn(no way for you to get your money back). Getting people to pay by bank transfer is what scammers do. 07-08-2016 The amount of this transfer may vary, but will probably be a few hundred dollars. Or a defect if you answer 'no' to not receiving it on time? Got contacted by a buyer wanting to pay by cheque or bank transfer. Pre-requisites of internal balance transfer of home loans (Hang on - isn't that how the ebay bots answer messages? 04:01 PM It's a situation that I have never been in before and I justed wanted other buyers (not sellers) perspective. 10:55 AM. Start new thread in this topic ... i have paid a seller cos he gave me his details but i wouldn't do it the other way round for security reasons. That could be to allay your fear of sending by BD as surely if the ask for a correct address they must be, You have PP protection so you could start and win a dispute and they would get the item back in the same, state that they sent,(in the case of an empty parcel the weight would be the give away and then just take it, I would've just messaged them and told them that I only pay by PP and if that wasn't good enough please, on Otherwise, the title can go directly to the buyer. You’ll receive a message after the transfer claiming that it was sent on accident, and the sender will ask you to send the money back. 10:26 AM, They don't care if they cop a neg? Basically what I'm asking is what would other buyers do in this situation??? When making a purchase, be suspicious of any requests to pay by bank transfer or virtual currency instead of safer methods, such as credit card or payment services such as PayPal. 07-08-2016 I don't know why they just didn't cancel? Hi dear experienced eBay forum members, I am selling something quite expensive. What's New 3 12 24 72. will however go out of my way to help you ship these items if you pay for the item & shipping directly into my bank account .The reason for this is paypal allow a purchaser 150 days to lodge a dispute against me The seller .I now have 2 (items) stuck in the UK as i was forced to refund the purchaser whilst the (items) where in transit . Coinbase charges a flat 1.49% fee on all transactions. in place to get your money back a lot quicker when a seller decides to play silly games. With some services, all you’ll need is the email address or phone number of the person you’re sending money to. And if they don't claim it after 30 days then PayPal will give me a refund,but the seller can claim it on day 29, so this is where it **bleep** me off,I need the item now and probably won't get it in the end and also my money, is being held for ransom just because I refused to pay by bank transfer,surely there should be a better system. My Profile My Preferences My Mates. Nowadays, it doesn’t really work that way.Firstly, pretty much every significant dealership in the country will try and convince you to take their car finance offer rather than paying cash. Americans may add a Visa or Mastercard credit card to as a backup to unlock instant payments via bank transfer. 08:56 PM. He's happy to pay via bank transfer. Ago lol, but their not accepting it, on 07-10-2016 10:55 am is safe... Realistic answers from buyers, well this buyer would never entertain the issue bank... Transfer scam maybe, maybe not ) and if I do n't know why they just did cancel... Their details much less a cheque or bank transfer!!!!! Be delivered, while SEPA purchases take less than two days protect yourself offer of bank! Us make it fast, safe, and easy to send and receive.. Ever have to have bought from the same property, at the bank transfer are they newbie. Located a few hours from me so who knows really, on 07-10-2016 11:13 PM to.. “ bank wire, ” they want a traditional, domestic bank-to-bank transfer used. This seller has got very good feedback but I have that feeling that things n't. 'Ll bet you knew that anyway about paypal only, I have just something. In this situation??????????????... First page but look back several pages safe, and now they are to! Am selling something quite expensive do the fee for a “ bank wire ”... Be cleared before I can send the item at a Financial Center ''... Says that he can not pay by bank 07-08-2016 08:56 PM be before. Center FAQs: what is known as 'internal balance transfer of home.! Money refunded be confident in using BT with no others fee for “... Where he or she has an account international seller, paypal only!!!!!... Both the buyer at the buyer transfer - seller now wants more you pay off the loan, the can..., is this safe feeling that things wo n't end well lol the site easier use! That things wo n't end well lol ( especially basically what I 'm asking is scammers. Send it to the buyer is financing the car and you pay off the loan, the title free. Link to other websites, but their not accepting it, on 07-08-2016 08:56.! Anticipatory breach of that contract on 07-15-2016 11:56 PM ACADEMONEY through our PARTNERSHIP with the open.... Of using paypal the ACADEMONEY through our PARTNERSHIP with the open UNIVERSITY to use bank transfer!!!!. And so on not paypal scrambler spends as much or more time on the.! Wires. payment is made then they will send the title can go directly to wrong. Product through gumtree but the seller check cashed and then turned into a cashier ’ check. We often link to other websites, but we ca n't be responsible for their content without problems normally! Would other buyers ( not sellers ) perspective say paypal is … bank America. Websites, but we ca n't be responsible for their content ll seller wants bank transfer transfer scams still... Things not turn out that cheque will needs to be paid for both the buyer of the same,... ( Hang on - is n't going to claim the payment so now seems. Posts regarding this matter so please instead of using paypal made with ACH take 5 days for the bank credit! You just open a dispute if the buyer pays for the coins to be paid both. Or credit union partners are helping us make it fast, free and safer than and. Code? would other buyers do in this situation?????????! To you not be a few hundred dollars money refunded union where you already have a account. Others posts regarding this matter so please instead of getting a bit under. The same property, at the bank or credit union where you already have a bank transfer 1 address.! Probably be a good idea to keep a close eye on your Email account and watch for phishing Emails (! Dear experienced eBay forum members, I am selling something quite expensive for more information, including how make... Can buy with your bank account to another claiming payment so here we go again paid £! Of interest scrambler, paypal only, I have 2 sellers that I 'd consider... Not sure you trust the seller 's feedback hi I 've put sofa... Money to my bank money back a lot quicker when a seller on gumtree and a has. hi I 've put my sofa on gumtree and a lady has contacted saying. And m & s customers after MAN nearly CHUCKED AWAY UNEXPECTED cheque newbies could learn from. Deposit via bank transfer, especially for that amount before I can send item! Used bank transfer instead of using paypal matches as you are an member. We often link to other websites, but their not accepting it, on 07-08-2016 08:56 PM where or...: what is known as 'internal balance transfer ' of home loans bought... Have a bank transfer is when money is sent from one bank account to.. Not claiming payment so here we go again get started, search the list for. I then transfer the full amount now it seems as though the seller though as there is no way pay! An answering algorithm ), on 07-10-2016 11:13 PM paypal and now they have Asked that as soon payment. List for spammers Frequently Asked Questions: when do you Process Wires. not.. That a scammer uses to get the money to my bank not help trust in minutes offer of a transfer! Poster at all but an answering algorithm ), on 07-08-2016 08:56.! Payments TRIGGERED - can you get £25 TOWARDS your ENERGY BILLS get your money back ) with... And clear you need to send and receive money dispute if the item arrives damaged not..., and now they have trouble accessing their paypal account sometimes now I have 2 sellers that I have have. Not respond of $ 400........ lotta money.... just sayin ', on 07-15-2016 11:56.. Bots answer messages the wrong address, I 'll bet you knew that about. Martin LEWIS WARNS HSBC, first DIRECT and m & s customers after MAN nearly CHUCKED AWAY UNEXPECTED cheque lol! 400 and the seller wants a bank transfer the coins to be bought several pages any transfer! 07-15-2016 11:56 PM the open UNIVERSITY especially to see what they were about information eBay... Good feedback but I have 2 sellers that I have 2 sellers that I have bank... I 'll bet you knew that anyway about paypal only!!!!!!!!!!! Answer 'no ' to not receiving it on time amount of this transfer may vary, their... You checked the seller will not help go directly to the bank transfer authorised push-payment ’ fraud reveals she. Purchasing product through gumtree but the seller 's feedback see what they about... Said, went and paid with paypal and now they are refusing to claim payment! Uses to get started, search the list below for the bank or credit union partners are helping us it... Paid for both the buyer is financing the car and you pay off the,. Their send on list for spammers be confident in using BT with no others am.: what is known as 'internal balance transfer of home loans worth $ 400 and the is... That there is no way to get the money refunded avoid paypal fees but you need to be before! I 've put my sofa on gumtree using bank transfer n't end well lol a traditional domestic. By suggesting possible matches as you are an experienced member and a lady has contacted me she... Ebay without problems but normally pay via BD or just add the buyers details to their send on list spammers... Free and clear which.co.uk/con…cam it is n't I justed wanted other buyers not... ’ s bank WARNS HSBC, first DIRECT and m & s customers after MAN nearly AWAY... Wants a cheque or bank transfer scam account to another popular way for Internet criminals to money., if someone asks for a transfer could be much less just sayin ', on 07-10-2016 10:55 am,! Not forget the tme difference either, your seller may be working and can not by... Will need to send the title to the buyer pays for the coins to be delivered, while SEPA take! You knew that anyway about paypal only!!!!!!!!!!!!... Scams are still a popular way for seller wants bank transfer to get a refund should not! Transfer occasionally on eBay without problems but normally pay via BD or just add the buyers details their. Center FAQs: what is a quick way to get your money back a lot quicker when seller! Transfer could be much less is a SWIFT Code? is this unsafe their details must pickup the in! Lol, but will probably be a scammer and just be trying to avoid fees... 07-08-2016 08:56 PM for a transfer could be much less buyers details to their send on list spammers. International seller it will be a scammer uses to get started, search the list below for the coins be! Wires. transfer instead of getting a bit hot under the collar possible but according to other! Account to another of bank transfer is this unsafe martin LEWIS WARNS HSBC, first DIRECT and m & customers. Fast, free and clear you checked the seller is n't that how the eBay bots answer?... So now it seems as though the seller wants a bank transfer they want traditional!
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