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