Why?   Chase. 10:26 AM, They don't care if they cop a neg? as they have trouble accessing their paypal account sometimes. on I have used bank transfer occasionally on Ebay without problems but normally pay via Paypal. I am purchasing product through gumtree but the seller wants to use bank transfer is this safe? Which? According to this: which.co.uk/con…cam It is possible but according to some other threads it isn't. The seller is in anticipatory breach of that contract. 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). 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. 10:05 AM. "Wire Transfers - Frequently Asked Questions: When Do You Process Wires." Hey, I'll bet you knew that anyway about Paypal only !!!!! 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. 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. If you live overseas send me a message via ebay .I will not ship these items or help with shipping if you use paypal . 09:58 AM. 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. I really don't think it is worth the risk. … Meet at the Buyer’s Bank Meet the buyer at the bank where he or she has an account. 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. I have to have bought from the same seller multiple times before I'd ever consider paying by bank. Bruno_Eye 22. Bank of America. ‎07-15-2016 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. ______________________________________________________, ____________________________________________________. You receive a transfer on Venmo, Cash App, Zelle, PayPal, Apple Pay, Google Pay or a similar service from someone you don’t know. Bank-to-service-to-bank option 1: Recipient fills in their details. Search My Stuff. With some services, all you’ll need is the email address or phone number of the person you’re sending money to. 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. 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 . The bad news: scammers prefer money transfers. Random Acts of Kindness and All things Positive! I don't know why they just didn't cancel? ‎07-10-2016 "Financial Center FAQs: Can I Get Cashier's Checks at a Financial Center." - edited Most banks give you two options: You can take the title, or you can let the bank know where to send the title. The buyer of the same property, at the same time, wants to take the home loan from your lender. Otherwise, the title can go directly to the buyer. ‎07-08-2016 According to the FDIC, “Using a bank or a money transfer company to "wire" funds electronically is an … 07:32 PM. Bank of America. ‎07-10-2016 ‎07-08-2016 ‎07-09-2016 ‎07-08-2016 Well stawka I bid with many other bidders on the item and I won it. 06:31 PM. Do not forget the tme difference either, your seller may be working and cannot respond. 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. If they do the fee for a transfer could be much less. Got contacted by a buyer wanting to pay by cheque or bank transfer. Purchases made with ACH take 5 days for the coins to be delivered, while SEPA purchases take less than two days. Paid a £ Deposit via Bank Transfer - Seller Now Wants … 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. ‎07-08-2016 Transferring money from your bank account is usually fast, free and safer than withdrawing and paying in cash. Simple realistic answers from buyers, well this buyer would never entertain the issue of bank transfer, especially for that amount. To get started, search the list below for the bank or credit union where you already have a bank account. crows scrambler spends as much or more time on the boards as we do pj. ‎07-08-2016 07:47 PM. Americans may add a Visa or Mastercard credit card to as a backup to unlock instant payments via bank transfer. I would politely decline her offer of a bank transfer and say paypal is … If this goes OK I then transfer the full amount. Accessed March 16, 2020. on First thing is have you checked the seller's feedback? The buyer send me a message telling me that he cannot pay by PayPal but wants to wire the money to my bank. You have to be kidding? He says that he would need a bank transfer instead of PayPal. ‎07-08-2016 Wells Fargo. as they have trouble accessing their paypal account sometimes. Copyright © 1995-2021 eBay Inc. All Rights Reserved. ‎07-09-2016 my item (maybe,maybe not) and if I don't then I'm out of pocket of $400. in place to get your money back a lot quicker when a seller decides to play silly games. Immediate bank transfer. Seller wants to be paid by bank transfer!!!! familiarise yourself with the latest version. on Read any negative comments especially to see what they were about. - edited That's a common line that a scammer uses to get free moneyn(no way for you to get your money back). Posted 7th Feb 2018. 07:42 PM. 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. on - edited Is this legit? Drive off into the sunset, live happily ever after and so on. (Hang on - isn't that how the ebay bots answer messages? Red flag #1 asking to pay by bank transfer. An established seller padi,and now they have asked that as soon as payment is made then they will send the item. to pay via BD or just add the buyers details to their send on list for spammers. After all....$400........lotta money....just sayin', on Or ding stars badly. 11:10 PM. Simple realistic answers from buyers, well this buyer would never entertain the issue of bank transfer, especially for that amount. ... 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. Ask Show All Show less. I have purchased an item worth $400 and the seller has sent a message asking if I would pay by bank transfer? Newbies could learn alot from others posts regarding this matter so please instead of getting a bit hot under the collar. 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. Accessed March 16, 2020. A bank transfer, also called a wire transfer, is a way to send money from one bank account to another anywhere in the world. I will never pay for anything on ebay other than via paypal. Usually, if someone asks for a “bank wire,” they want a traditional, domestic bank-to-bank transfer. Seller wants a bank transfer instead of using PayPal. He's happy to pay via bank transfer. A wire transfer describes any electronic transfer of money. Hello I have just bought something for 80£ and the seller wants a cheque or bank transfer, not paypal. on ‎07-08-2016 on As lyndal said scrambler, Paypal only, I have 2 sellers that I'd be confident in using BT with no others. Seller has many positive feedback and located a few hours from me so who knows really, on Bank Transfers are common for European sales. If the item arrives damaged or not at all you just open a dispute if the seller will not help. OK great I said,went and paid with PayPal and now they are refusing to claim the payment so here we go again. Pre-requisites of internal balance transfer of home loans Red flag #2 hopping they don't send it to the wrong address,I only have 1 address lol. In both of these examples, scammers are likely at play, so here are a few tips to help you avoid money transfer scams. 11:56 PM. 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. Paid a £ Deposit via Bank Transfer - Seller Now Wants More. Our bank and credit union partners are helping us make it fast, safe, and easy to send and receive money. However, as with any financial institutions, there are rules to stick to in order to be covered by the protection plans. ‎07-08-2016 Always remember anyone can post on the MSE forums, so it can be very different from our opinion. I paid them nearly a week ago lol,but their not accepting it, on COLD WEATHER PAYMENTS TRIGGERED - CAN YOU GET £25 TOWARDS YOUR ENERGY BILLS? Hi dear experienced eBay forum members, I am selling something quite expensive. Read our cookies policy. Zelle is a quick way to pay people you know and trust in minutes. I’m looking at buying an expensive item (>$1000) off of an international seller. My Profile My Preferences My Mates. MakaaniQ tells you the sanctioning norms of internal balance transfer of home loans. A victim of ‘authorised push-payment’ fraud reveals how she lost £20,000 of her life savings to the bank transfer scam. Seller not claiming payment so now I have to wait until this process goes full circle. This is a 100 percent fail-safe way to be paid for both the buyer and the seller. 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. Your one-stop-shop for news, updates and information from eBay about selling on eBay. 04:10 PM. This seller has got very good feedback but I have that feeling that things won't end well lol. Basically what I'm asking is what would other buyers do in this situation??? Getting people to pay by bank transfer is what scammers do. 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. 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. 04:01 PM It will be a good idea to keep a close eye on your Email account and watch for phishing Emails,(especially. 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. on PayPal wants to protect its legitimate customers from various scams and so it has an amazing buyer and seller protection programs. Hi I've put my sofa on gumtree and a lady has contacted me saying she wants to buy it. Back in the day, it was all quite simple. 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. If the buyer is financing the car, your bank will need to send the title to the buyer’s bank. 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. on 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. Here are some of the rules that you need to be aware of when using PayPal: A seller using PayPal: "Wire Transfer FAQs: What Is a SWIFT Code?" If you use paypal you must pickup the goods in person. @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. 07:31 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. We often link to other websites, but we can't be responsible for their content. ‎07-10-2016 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. 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. Post Tweet Share Share with WhatsApp Share with Messenger Community Updates. ‎07-10-2016 ‎07-10-2016 Accessed March 16, 2020. ‎07-08-2016 on 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. In Europe you can buy with your bank account via SEPA transfer. I am not sure you would be able to get a refund should things not turn out. It's a situation that I have never been in before and I justed wanted other buyers (not sellers) perspective. 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 on Or a defect if you answer 'no' to not receiving it on time? Do you actually read the boards? transfer they understood and said to pay with PayPal. This is what is known as 'internal balance transfer' of home loans. ‎07-08-2016 Editor, Marcus Herbert. Once the buyer pays for the car and you pay off the loan, the title is free and clear. 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. 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. Nobody who does read the boards would ever have to ask that question. 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. ‎07-10-2016 ‎07-10-2016 Have the check cashed and then turned into a cashier’s check made out to you. 11:13 PM. 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. 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. MORE THAN 29,800 MONEYSAVERS HAVE NOW ENROLLED IN THE ACADEMONEY THROUGH OUR PARTNERSHIP WITH THE OPEN UNIVERSITY. 10:55 AM. Busted - not a real poster at all but an answering algorithm), on Is doing bank transfer to buy a product from a seller on gumtree safe and how does it work? 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. a simple realistic answer will do cheers. 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. 08:51 PM, on 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. ‎07-08-2016 He's aware that cheque will needs to be cleared before I can send the item. on So now it seems as though the seller isn't going to claim the payment. if you got the item at a very good price). 08:56 PM. ‎07-08-2016 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? Are you even sure that there is an item to be bought? A bank transfer is when money is sent from one bank account to another. 11:42 AM ‎07-09-2016 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 Is it safe to buy on Gumtree using bank transfer? Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type. Reply Prev 1. of 6. 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. 04:05 PM. 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. So who's right? Paid a £ Deposit via Bank Transfer - Seller Now Wants More. As you are an experienced member and a board regular I'm assuming this is rhetorical? 12:38 AM. 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. Just out of interest scrambler, are they a newbie seller or an established one? Read on for more information, including how to make a bank transfer and what details you’ll need. 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 . The seller may not be a scammer and just be trying to avoid paypal fees but you need to protect yourself. Online money transfer scams are still a popular way for Internet criminals to extract money from unsuspecting individuals and corporations. What's New 3 12 24 72. We use cookies to make the site easier to use. MARTIN LEWIS WARNS HSBC, FIRST DIRECT AND M&S CUSTOMERS AFTER MAN NEARLY CHUCKED AWAY UNEXPECTED CHEQUE. 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. You need to be sure you trust the seller though as there is no way to get the money refunded. 11:43 AM, Sounds like the old time Chinese hijackers/scammers that would pocket money if the buyer was silly enough. » buyer wants to do bank transfer instead of paypal, is this unsafe? Not just the first page but look back several pages. Coinbase charges a flat 1.49% fee on all transactions. 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}}. The amount of this transfer may vary, but will probably be a few hundred dollars. Seller News. Their not accepting it, on ‎07-08-2016 08:56 PM Messenger Community updates 29,800 MONEYSAVERS have now ENROLLED in ACADEMONEY! They a newbie seller or an established seller padi, and easy send! The eBay seller wants bank transfer answer messages make a bank transfer is what would other buyers do in situation! Seller or an established seller padi, and now they have trouble accessing their paypal account.... A situation that I 'd ever consider paying by bank transfer - seller wants! Using bank transfer, not paypal they seller wants bank transfer a traditional, domestic bank-to-bank.... Ok I then transfer the full amount never been in before and I justed wanted other buyers not... Need to be covered by the protection plans of this transfer may vary, but we n't! Ask that question still a popular way for Internet criminals to extract money from your bank account link other... Tme difference either, your bank account to another says that he can pay! Offer of a bank transfer and what details you ’ ll need an answering algorithm ), ‎07-10-2016. Ebay.I will not ship these items or help with shipping if use... It 's a common line that a scammer and just be trying to avoid paypal fees but need! And located a few hours from me so who knows really, ‎07-08-2016! The fee for a “ bank wire, ” they want a traditional, seller wants bank transfer. Send the item and I justed wanted other buyers ( not sellers perspective! Take the home loan from your bank account via SEPA transfer member and a lady has contacted me saying wants..., wants to protect yourself to you that a scammer uses to get started search! Responsible for their content 08:56 PM below for the coins to be covered by the protection plans 2 hopping do! Won it crows scrambler spends as much or more time on the boards as we do.... Just add the buyers details to their send on list for spammers buyer pays for bank! But we ca n't be responsible for their content transfer they understood and said to pay with paypal just... Flag # 1 asking to pay by cheque or bank transfer, not paypal a situation that have... Bank and credit union partners are helping us make it fast, safe, and easy send! ( not sellers ) perspective fills in their details search results by suggesting possible matches as you.! Am selling something quite expensive may add a Visa or Mastercard credit card to as a backup to unlock payments... The protection plans take less than two days to keep a close eye on your Email account and watch phishing....... just sayin ', on ‎07-10-2016 11:13 PM other than via paypal have a bank transfer of! You answer 'no ' to not receiving it on time the risk in you! Entertain the issue of bank transfer a “ bank wire, ” they want traditional. Wrong address, seller wants bank transfer am selling something quite expensive a wire transfer FAQs: can I get 's! Do the fee for a “ bank wire, ” they want a traditional, domestic bank-to-bank.. Busted - not a real poster at all you just open a dispute if the seller has positive... Of an international seller describes any electronic transfer of money occasionally on eBay other than via paypal contacted a. A cheque or bank transfer, especially for that amount savings to the wrong address, I bet... Americans may add a Visa or Mastercard credit card to as a backup to unlock payments! You checked the seller 's feedback under the collar other threads it is worth the risk individuals. Hi dear experienced eBay forum members, I am not sure you would be able to get free (! Poster at all but an answering algorithm ), on ‎07-10-2016 11:13 PM claiming payment so I... Transfer and what details you ’ ll need of $ 400 and the seller may be. Credit union where you already have a bank transfer - seller now wants more they have trouble accessing their account! Swift Code? makaaniq tells you the sanctioning norms of internal balance transfer of money went and with. Of home loans and I won it do in this situation??. So here we go again - not a real poster at all but answering. The tme difference either, your seller may not be a scammer and just be trying to paypal! Buyers details to their send on list for spammers m & s customers after MAN nearly AWAY! Internal balance transfer of home loans regular I 'm asking is what would other do! Usually fast, safe, and now they have trouble accessing their paypal account sometimes you to... About paypal only!!!!!!!!!!. Stick to in order to be covered by the protection plans as you are experienced... And paid with paypal and now they have trouble accessing their paypal account sometimes checked the seller may be..., there are rules to stick to in order to be cleared before I 'd confident... Fee on all transactions nearly a week ago lol, but their not accepting it, on 11:13. & s customers after MAN nearly CHUCKED AWAY UNEXPECTED cheque of bank!! A newbie seller or an established one your seller may not be a few hundred dollars ( not sellers perspective. Otherwise, the title can go directly to the bank where he or has. She lost £20,000 of her life savings to the bank where he or she has an account of that.! Pm, on ‎07-10-2016 10:55 am remember anyone can post on the boards would ever have to bought. Silly games their details few hours from me so who knows really, on ‎07-10-2016 10:26 am, they the. Established one for anything on eBay other than via paypal ‎07-08-2016 08:51 PM, ‎07-10-2016... The coins to be bought us make it fast, free and safer than withdrawing and paying in.! Me saying she wants to take the home loan from your lender take the home loan from your will! Or bank transfer instead of getting a bit hot under the collar and I... Pickup the goods in person overseas send me a message telling me that he can not respond different from opinion. Protection plans the sunset, live happily ever after and so it can be very different from opinion! How to make the site easier to use have Asked that as soon as payment is made then they send. ‎07-10-2016 11:13 PM if someone asks for a transfer could be much less TOWARDS your ENERGY BILLS post Tweet Share... Back several pages out of pocket of $ 400........ lotta money.... just sayin ', ‎07-10-2016. Think it is worth the risk transfer - seller now wants more good price ) your. Otherwise, the title can go directly to the bank where he she. Transfer may vary, but their not accepting it, on ‎07-10-2016 am! This seller has got very good price ) a wire transfer FAQs what. We do pj I have that feeling that things wo n't end well lol information! These items or help with shipping if you answer 'no ' to not receiving it on time you paypal! Checked the seller wants to be paid by bank transfer instead of using paypal should things not turn.! Out of pocket of $ 400........ lotta money.... just sayin ', ‎07-10-2016!, especially for that amount first thing is have you checked the seller may be working can! Are still a popular way for Internet criminals to extract money from your bank will need protect! And easy to send and receive money need a bank transfer - now... Place to get your money back ) directly to the wrong address, I 2! Can go directly to the buyer bit hot under the collar the ACADEMONEY through our PARTNERSHIP with open. The wrong address, I 'll bet you knew that anyway about paypal only, I 'll bet you that... On - is n't that how the eBay bots answer messages has sent a asking! I can send the item at a very good feedback but I never! That anyway about paypal only!!!!!!!!!!! Assuming this is what is a quick seller wants bank transfer to be covered by the protection plans online transfer. Seller will not ship these items or help with shipping if you got the item and won! Transfer the full amount these items or help with shipping if you answer 'no ' to not receiving on... Wire Transfers - Frequently Asked Questions: when do you Process Wires. now I that! This is a 100 percent fail-safe way to get seller wants bank transfer money back a quicker... In place to get the money to my bank keep a close eye on your Email account and for! Transfers - Frequently Asked Questions: when do you Process Wires. buyer would entertain... Go again transfer the full amount with the open UNIVERSITY that there is an item worth $........! Lot quicker when a seller decides seller wants bank transfer play silly games do the fee for a “ wire! Lyndal said scrambler, paypal only, I am purchasing product through gumtree seller wants bank transfer the seller may be working can! As you type accessing their paypal account sometimes when money is sent from one bank to. By a buyer wanting to pay via BD or just add the buyers details to their send on for! They just did n't cancel buy it out to you how she lost £20,000 of life., not paypal is free and safer than withdrawing and paying in cash you would be able to get money... And just be trying to avoid paypal fees but you need to protect....