topic Bank deposit risk? in Selling

Bank deposit risk?

tetibird — Fri, 23 Oct 2015 23:22:55 GMT

I have a buyer who has messaged they are having problems with paypal to pay & have offered to pay by bank deposit. It is being posted. He/she 1100 transactions to the name so is not a newby.

If I go with a bank deposit & I post to the address is there any risk to me or problems?

Thanks

Re: Bank deposit risk?

kopenhagen5 — Fri, 23 Oct 2015 23:24:19 GMT

Not to you, only a risk for the buyer.

And no PayPal fee for you either.

Re: Bank deposit risk?

jfmgray — Sat, 24 Oct 2015 06:23:41 GMT

I have been accepting bank deposits for over 10 years and have never had an issue. I prefer bank deposits as there are no fees. It normally takes a day to clear into your account so dont post until you see the $$ in your account.