good ideas for not getting ripped off!

stuman

stuman

stuman

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evening all,

just made a sale on a forum, and its for quite a bit of money (£1000).

buyer wants to pay by bank transfer on the day. i have said that it will need to show as cleared funds before he will take ownership of the goods (unless theft and rape).

are there any scams that i should know about before i go to meet a stranger in a dark place with £1000 worth of stealables?
 
Take someone with you, do the swap in a very public place with lots of people around. Take your phone with you so that you can check to see if the balance is in your bank account and or phone your bank before letting anything go.
 
Ask for cash and then walk to the bank to pay it in , if he's got nothing to hide he won't mind. If he does have any issues then walk away
 
They can pay by Paypal gift from their phone during the transaction.

I've done it before, it was for £500 of goods.
 
Arrgh I may have to use it more often. I was under(the wrong) impression all PayPal activity unless between you and a merchant seller was a bit iffy.
 
Hmm sounds a bit risky to me. Whilst BTs are safe I can't see £1000 going through very quickly. Unless you've made a bed for him for the night what you going to do when he's paid and pushing to leave with the goods.
 
bobbyspangles said:
Hmm sounds a bit risky to me. Whilst BTs are safe I can't see £1000 going through very quickly. Unless you've made a bed for him for the night what you going to do when he's paid and pushing to leave with the goods.
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Why would £1000 go through at a difference speed to a lesser amount? Faster payments, which all banks are required to use, complete within minutes in the vast majority of the time.
 
Another option is to go to his bank with him and get him to ask them at the window to transfer £1000 into your bank (details on paper will do)

He doesn't need to carry cash and you get a receipt saying its been paid in. Then give him the goods - its also public and very safe

I would not use Paypal or even PP gift personally for £1000. I would always want BT and see its in my account / receipt from the bank - or cash
 
stuman said:
evening all,

just made a sale on a forum, and its for quite a bit of money (£1000).

buyer wants to pay by bank transfer on the day. i have said that it will need to show as cleared funds before he will take ownership of the goods (unless theft and rape).

are there any scams that i should know about before i go to meet a stranger in a dark place with £1000 worth of stealables?
Click to expand...

No real scam other than you can get mugged.

Bank transfer is a pretty safe bet.

It's how I accept payment when dealing with someone in person, and they are always made well aware that goods aren't taken until payment has reached my account.

In every case payment has shown in a matter of minutes.

I'd be wary of paypal myself more than bank transfer.

You're doing all the right things by meeting in person, the only two things that normally happen are fake notes and getting mugged.

Fake notes isn't going to happen due to the payment method you've agreed, and mugging is probably unlikely too.
 
spoffle said:
PPG can't be reversed no.
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Well, yes it can if they're using a dodgy account or card. They cant file a claim against the transaction though.

Might as well just meet in the bank and get it sorted there. Easy to deal with the money side and nice open public place so you don't get screwed over.
 
Burned_Alive said:
Well, yes it can if they're using a dodgy account or card. They cant file a claim against the transaction though.

Might as well just meet in the bank and get it sorted there. Easy to deal with the money side and nice open public place so you don't get screwed over.
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I'd have transferred it out of my bank account by then, and if PayPal wanted to play games like that then I'd be abandoning my PayPal account.
 
Bank transfer should be fine - just give him your details previously so he can register them on his account beforehand - some banks have a delay until you can send to new recipients.

The fact that it's £1k won't be a problem , I've done plenty of large bank transfers and never had any delays as such.
 
Contact your bank if you're worried. They'll provide guidance for this type of thing and it's a very, very common thing to ask so don't worry about that aspect of it.
 
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