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    Ebay Advice Needed Regarding Bank Transfer

    I just sold my Sky Hd box on Ebay - had to relist due to non paying bidder. The bidder who only has 2 feedback just emailed and said they need it sent out asap and can they have my bank details for a bank transfer. Is this safe? I have never sold anything that hasnt gone through paypal but seeing as this wont then there is no way they can start up a dispute against me is there? I will send it tracked obviously, i just dont want to end up getting conned. Any advice welcome

    37 Comments

    Yes it's safe, all you are giving is your bank account, not much they can do with it (unless they are a mega-hacker and will then take all your money!)

    make them pay by paypal - at least you know you are covered - look what happens on here sometimes on fs with people not following guidelines

    cover yourself - you know it will sell

    I'd rather have BT than Paypal,no fees.

    The details you give out are the same ones printed on a cheque book.

    SuperEd

    i would stick with paypal

    all he needs is account number and sort code, and he can only pay money into your account with that information.

    athunder;8305969

    all he needs is account number and sort code, and he can only pay money … all he needs is account number and sort code, and he can only pay money into your account with that information.



    Jeremy Clarkson thought that, so gave out his account number and sort code in his Times newspaper column.

    Next thing he knew someone had set up a £500 direct debit on his account.

    news.bbc.co.uk/1/h…stm

    guilbert53;8306023

    Jeremy Clarkson thought that, so gave out his account number and sort … Jeremy Clarkson thought that, so gave out his account number and sort code in his Times newspaper column.Next thing he knew someone had set up a £500 direct debit on his account.http://news.bbc.co.uk/1/hi/7174760.stm



    [email protected]

    In Ebay Germany for example they use BT all the time,it's more common than Paypal.

    If you're worried ask for a cheque or Postal Order if they don't have Paypal:thumbsup:

    Ok, so someone can set up a direct debit with your account details, but thats about it. The DD Guarantee protects you by giving a full and immediate refund if any money is taken (your bank give this refund) and then they investigate. BT cannot be recalled either, if it goes through faster payments, once the money is sent its as good as handing you cash.

    I would go with the BT, less fees and no risk of paypal claiming the money back like they do all the time, taking the side of the ebay scammers.

    I'd stick with PayPal as the fees will be minuscule. Rather have the protection, especially if the buyer only has 2 feedback!

    deb8z;8306114

    [email protected] Ebay Germany for example they use BT all the … [email protected] Ebay Germany for example they use BT all the time,it's more common than Paypal.If you're worried ask for a cheque or Postal Order if they don't have Paypal:thumbsup:



    It is hardly scaremongering, the poster said

    > he can only pay money into your account with that information

    All I did was comment that that is not true.

    (I realise it was the banks fault, and may not work every time, but the point is, someone did it).

    Also, many people dont check their bank accounts very well, and it would be easy for some people to not notice say a £10 or £20 monthly direct debit that could be going out for years.

    ianmackers;8306133

    I'd stick with PayPal as the fees will be minuscule. Rather have the … I'd stick with PayPal as the fees will be minuscule. Rather have the protection, especially if the buyer only has 2 feedback!



    Protection from what?

    Banned

    holly100;8305928

    make them pay by paypal - at least you know you are covered - look what … make them pay by paypal - at least you know you are covered - look what happens on here sometimes on fs with people not following guidelinescover yourself - you know it will sell



    ianmackers;8306133

    I'd stick with PayPal as the fees will be minuscule. Rather have the … I'd stick with PayPal as the fees will be minuscule. Rather have the protection, especially if the buyer only has 2 feedback!



    covered from what and protected from what?
    Bit confused as to what you think the buyer is likely to do if they have paid by bank transfer?

    Although if you didn't have BT on the auction you don't have to sell it to them.

    You could send a second chance offer to an underbidder if you have one.

    If the buyer starts claiming the item wasn't as advertised etc etc after receiving it, would you have more cover/support if you'd used PayPal? If not and it doesn't matter then I'd go with the BT.

    Banned

    tinkerbell28;8306300

    BT is the BEST method for a seller the end.



    well that and western union/moneygram

    03bintls;8306285

    If the buyer starts claiming the item wasn't as advertised etc etc after … If the buyer starts claiming the item wasn't as advertised etc etc after receiving it, would you have more cover/support if you'd used PayPal? If not and it doesn't matter then I'd go with the BT.



    no you would have more protection using bt as far as i'm aware, although some posters above seem to think different, hopefully they will come back and explain why as I always though bt much safer than paypal for a seller

    Banned

    tinkerbell28;8306300

    BT is the BEST method for a seller the end.


    but the buyer can issue a chargeback for BT so paypal is safer imo

    Banned

    csiman;8306555

    but the buyer can issue a chargeback for BT so paypal is safer imo



    thats nigh on impossible though, without alleging fraud.

    csiman;8306555

    but the buyer can issue a chargeback for BT so paypal is safer imo



    Rubbish.

    Chargeback cannot be issued on a bank transfer.

    yeah i agree they cannot do chargeback using BT and it is better protected.

    The only worry i have is that buyers have the sellers bank details and home address, isn't there potential for fraud there?

    csiman;8306555

    but the buyer can issue a chargeback for BT so paypal is safer imo



    With a BT there are less things likely to go wrong like there are with Paypal,especially on a transaction nearly a 100 quid like this one is.

    Original Poster

    Ive emailed the buyer but not received a reply. Thanks for all the advice everyone

    khy86;8306614

    The only worry i have is that buyers have the sellers bank details and … The only worry i have is that buyers have the sellers bank details and home address, isn't there potential for fraud there?



    But you don't have to give your home address or even bank name for BT.

    sorry for bumping old topic, but someone wants to buy a jacket of mine and he doesn't have paypal, - he offers bank transfer, but I think ebay doesn't allow bank to bank transfer in that category (only motor categories, and other stuff) so I'm not sure how ^^ posts suggest that as an option? Thanks!

    Banned

    ken02

    sorry for bumping old topic, but someone wants to buy a jacket of mine … sorry for bumping old topic, but someone wants to buy a jacket of mine and he doesn't have paypal, - he offers bank transfer, but I think ebay doesn't allow bank to bank transfer in that category (only motor categories, and other stuff) so I'm not sure how ^^ posts suggest that as an option? Thanks!


    who cares what ebay 'allows'?

    BT is fine.

    be careful re bank transfers i have had payments bounced after posting out the goods.

    my bank told me "tough titty" its like sending cash thru the post, theres no protection.

    i now always insist taking a phone number and calling the buyer and checking them against the electrol

    a lot of scams out there

    sedd33

    be careful re bank transfers i have had payments bounced after posting … be careful re bank transfers i have had payments bounced after posting out the goods.my bank told me "tough titty" its like sending cash thru the post, theres no protection.i now always insist taking a phone number and calling the buyer and checking them against the electrola lot of scams out there



    These days hardly anyone wants to pay via BT,i think you're very unlucky to have had one payment recalled,let alone numerous.

    ken02

    sorry for bumping old topic, but someone wants to buy a jacket of mine … sorry for bumping old topic, but someone wants to buy a jacket of mine and he doesn't have paypal, - he offers bank transfer, but I think ebay doesn't allow bank to bank transfer in that category (only motor categories, and other stuff) so I'm not sure how ^^ posts suggest that as an option? Thanks!



    Do they have any feedback,i wouldn't worry at all if they do ?

    Banned

    deb8z

    These days hardly anyone wants to pay via BT,i think you're very unlucky … These days hardly anyone wants to pay via BT,i think you're very unlucky to have had one payment recalled,let alone numerous.



    or just talking **** as usual.
    Bank transfers don't bounce, and the only way they can be recalled is if the sender claims the account was accessed fraudulently.

    Generally, bank transfer is safer than paypal for the seller, unless the sender is using an account fraudulently - unlikely, they'd usually use a cheque in that case. However, if he wants it quick, BT isn't his best option - unless you bank with the same bank, it'll take 3-5 days before you see it.

    As long as the money wasn't sent fraudulently, there's no way the buyer can later claw the money back, and the information is exactly the same as you give out at the bottom of every cheque you write.

    Banned

    sedd33

    be careful re bank transfers i have had payments bounced after posting … be careful re bank transfers i have had payments bounced after posting out the goods.my bank told me "tough titty" its like sending cash thru the post, theres no protection.i now always insist taking a phone number and calling the buyer and checking them against the electrola lot of scams out there


    hukd really should start infracting these idiots who live in the land of make believe and offer out the worst advice possible!

    Banned

    csiman

    hukd really should start infracting these idiots who live in the land of … hukd really should start infracting these idiots who live in the land of make believe and offer out the worst advice possible!



    +1
    Love the way he/she says no protection, just like sending cash through the post. You get cash through the post, how can you not be protected after you send the goods? Does it explode if the buyer doesn't get the goods or something

    pmsl at these posters, just aint clued up.

    same old posters who get sucked in by those "let us deposit £1m uinto your account, all you need is to pay admin fee of £5k from the deposit" they then come cryin here for advice.

    you need your head examining if you seriously believe bank transfers are a garunteed way of payment- ask your bank YOU ARE NOT COVERED IF THE TRANSFER IS A FRAUD!

    Colinsunderland/simon the no.1 numskulls on hukd, keyboard warriors who lack social skills. clueless

    sad really

    sedd33

    pmsl at these posters, just aint clued up. same old posters who get … pmsl at these posters, just aint clued up. same old posters who get sucked in by those "let us deposit £1m uinto your account, all you need is to pay admin fee of £5k from the deposit" they then come cryin here for advice.you need your head examining if you seriously believe bank transfers are a garunteed way of payment- ask your bank YOU ARE NOT COVERED IF THE TRANSFER IS A FRAUD!Colinsunderland/simon the no.1 numskulls on hukd, keyboard warriors who lack social skills. cluelesssad really



    I didn't say a payment couldn't be recalled,but i find it highly unlikely that you've had numerous recalled through fraud oO

    Banned

    sedd33

    pmsl at these posters, just aint clued up. same old posters who get … pmsl at these posters, just aint clued up. same old posters who get sucked in by those "let us deposit £1m uinto your account, all you need is to pay admin fee of £5k from the deposit" they then come cryin here for advice.you need your head examining if you seriously believe bank transfers are a garunteed way of payment- ask your bank YOU ARE NOT COVERED IF THE TRANSFER IS A FRAUD!Colinsunderland/simon the no.1 numskulls on hukd, keyboard warriors who lack social skills. cluelesssad really



    no you are an idiot who constantly trys to get people to do the exact opposite of what they should in regard to paypal claims and anything to do with ebay, just because you were stupid enough to get scammed yourself.

    You know exactly what you are doing and don't like it when others point out what you are doing.
    Its pretty sick to try to get others scammed just because you yourself were stupid enough to.

    How exactly am I a keyboard warrior? Do you know what one is? You said bank transfers can bounce, when I pointed out they can't and the only way they could be recalled you change to saying exactly what I said. Thats because you are stupid.

    If you have had numerous bank transfers recalled through fraud, then you are even more stupid than I thought to have been caught out by the same scam many times.

    You want to explain how cash through the post is unsafe to the seller as you have suggested too?

    You really are the most idiot person on here if you think anyone will fall for the rubbish you post in almost eveyy ebay/paypal thread

    Oh and LOL @ you calling people on here for asking for advice on something like this - at least they asked BEFORE falling for a scam, unlike you

    You have to ask why he wants it sent out so quickly and why he won't use Paypal. Personally if I had the slightest concern about a buyer I wouldn't give out my bank details and would not send the goods. So what if he opens a dispute, you can argue your corner saying the buyer wouldn't pay via PP

    ( Ebay strongly advise against using Western Union by the way )
    Edited by: "tallpete33" 12th Apr 2011

    Banned

    tallpete33

    You have to ask why he wants it sent out so quickly and why he won't use … You have to ask why he wants it sent out so quickly and why he won't use Paypal. Personally if I was had the slightest concern about a buyer I would give out my bank detals and not send the goods. So what if you he opens a dispute, you can argue your corner saying the buyer wouldn't pay via PP. ( Ebay strongly advise against using Western Union by the way )



    Western Union is 100% safe for the seller, as long as the money is collected before the goods are sent

    Banned

    sedd33

    be careful re bank transfers i have had payments bounced after posting … be careful re bank transfers i have had payments bounced after posting out the goods.my bank told me "tough titty" its like sending cash thru the post, theres no protection.i now always insist taking a phone number and calling the buyer and checking them against the electrola lot of scams out there



    sedd33

    pmsl at these posters, just aint clued up. same old posters who get … pmsl at these posters, just aint clued up. same old posters who get sucked in by those "let us deposit £1m uinto your account, all you need is to pay admin fee of £5k from the deposit" they then come cryin here for advice.you need your head examining if you seriously believe bank transfers are a garunteed way of payment- ask your bank YOU ARE NOT COVERED IF THE TRANSFER IS A FRAUD!Colinsunderland/simon the no.1 numskulls on hukd, keyboard warriors who lack social skills. cluelesssad really


    Oh the irony coming from the fool who admits to having made multiple bank transfers that turned out to be fraudulent

    Are you a goldfish in disguise?

    Who is simon BTW? PMSL

    Love your security mechanism in that making a phone call and checking against the electrol (sic) helps catch out the scammers

    You seriously couldnt make it up!

    Well, maybe you could


    Edited by: "csiman" 12th Apr 2011
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