Quick info needed.. Regarding selling abroad and bank transfer

K

KENC

Well-known member
Ok I have a guy who is wanting to buy my car, he is in Poland and wants to transfer the money to me, so he would need bank details....

Now is this dodgy??? Can they take money back out of the a/c or is it a one way set up
 
A transfer direct from his account to yours is secure. IBAN and BIC is all he should need. I'd be getting him to pay a substantial deposit on the likes of PayPal first and once the remainder is there and visible in your bank account, let him collect his car.
 
You could use PayPal to but they are a bit funny about large amounts of cash so you'd need to contact them first
 
1. yes, IBAN and BIC plus name of account holder are all that are needed to make a payment. There are dodgy ways to get money out too, but would involve falsifying your signature etc and bank should cover you if this happens.
A good "safety net" is to open a new account only for receiving this payment, once received move the money to your normal account and then close the new account once emptied. Acts as a "fire-wall" in a way and prevents someone (who you don't know / trust) outside our legal jurisdiction from having valid banking details for you. Doesn't cost you anything to do this and gives you peace of mind.

2. Don't accept "over" payment (amounts larger than what you are asking for)... some criminal gangs love transferring way more, then get you to send back the over payment and is a way for them to hide / launder money and can get you dragged into investigations.

3. Paypal is great, but charge a big fee... as you won't part with the car till full funds are received and as such have nothing to lose I wouldn't bother with PP and just get them to transfer the full amount to your account (strongly advise setting up a new account as per above if you have any doubts / worries).

On that note, make sure you personally get confirmation from Your bank the money is received before you release the car to anyone. Don't accept "payment advice slip" / "proof of payment" from sender's bank etc.
 
Very good idea about the second account Charles. I know I have an old BOI acc. that although I've no card for as I don't use it, I have all the details and they have a copy of my passport on file linked to it so I could have money sent to that and then walk in with my passport and send it to my normal account.
 
larSTI8 said:
Strange, who transfers money for a car they have not seen? Ask yourself, would u?
Click to expand...
Do we not all do it when we import from Japan lol.. I did it with a Camaro years back.

I will use an empty a/c... Have loads of them lol..

Car won't move untill I have the cash in my hand...

Looks like she heading to Poland
 
SCOOBYCOLM said:
Plenty of type r gone to Poland already
As long as the money's secure
I'd do it
Click to expand...

This. I know of two big spec TypeR's that went to Poland and some big power Supra's/Evo's/Skyline's that went to Eastern Europe with money being paid before they were viewed.

I think even Couture's Evo build went abroad that way?
 
Bonito said:
Very good idea about the second account Charles. I know I have an old BOI acc. that although I've no card for as I don't use it, I have all the details and they have a copy of my passport on file linked to it so I could have money sent to that and then walk in with my passport and send it to my normal account.
Click to expand...

Hi John, make sure the account is still active. I had one at BOI too, didn't use it for couple of years and one day when I went in to lodge some cash they told me they closed the account ~(and took the tenner that was in it too!). Had to go through a load of paperwork to get my tenner back and had to set up a new account. It was a good thing I went in myself and didn't try a transfer (or gave the details to someone else to pay me etc).

BTW... back to my original post: I would close such an account after receiving the money as wouldn't want a 3rd party I don't trust to have details to try draw money on the account say 1-2 years down the road. For big companies etc near our own jurisdiction I wouldn't worry, but far away, private individual that would be hard to trace, I would take the precaution... especially as won't cost me anything to open and close an account.
 
You must log in or register to reply here.
Back
Top