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Buying from Goods from China on c/card. Am I Protected?

sly666
sly666 Posts: 49 Forumite
edited 25 October 2012 at 10:53PM in Credit cards
Hi
I am going to import a CNC machine from China.
The cost is about £2400 including shipping (by boat)

My question is. If i pay on my credit card will i be covered by the "section 75" rule?

As far as i can work out from reading this link... http://www.moneysavingexpert.com/shopping/section75-protect-your-purchases I would normally be covered but as i am using the Escrow service from Alibaba i 'may' not be covered as the Escrow service act as a third party.

The shipping is supposedly insured, but i just want to cover all eventualities in case it goes missing, gets damaged, or turns out to be a load of rubbish.

So if my credit card does not cover this purchase, what else can use? I am buying the machine for hobby use, and cant afford to loose this amount of money.

The only payment options are Escrow or bank transfer.
They wont take paypal, even if i cover the costs.

Many thanks.

Comments

  • You need to confirm whether this is a personal or business transaction.
  • dalesrider
    dalesrider Posts: 3,447 Forumite
    sly666 wrote: »
    Hi
    I am going to import a CNC machine from China.
    The cost is about £2400 including shipping (buy boat)

    My question is. If i pay on my credit card will i be covered by the "section 75" rule?


    The only payment options are Escrow or bank transfer.
    They wont take paypal, even if i cover the costs.

    Many thanks.

    No section 75 wont cover you if its personal purchase.... 3rd party money movement and No debtor/creditor link.

    What about import duties?

    How did you find this retailer and product?

    Now take a long hard look and wonder why they will only take bank transfer or Escrow....

    Both menas of payment have no comeback.

    Now I would take a long walk of a short plank off that boat and look elsewhere. Before parting with that kind of money, for something in China.

    Or if you really want to continue. At least do a google on the company and see if any reviews come up.
    Never ASSUME anything its makes a
    >>> A55 of U & ME <<<
  • sly666
    sly666 Posts: 49 Forumite
    You need to confirm whether this is a personal or business transaction.

    Yes Personal use.
  • sly666
    sly666 Posts: 49 Forumite
    dalesrider wrote: »
    No section 75 wont cover you if its personal purchase.... 3rd party money movement and No debtor/creditor link.

    What about import duties?

    How did you find this retailer and product?

    Now take a long hard look and wonder why they will only take bank transfer or Escrow....

    Both menas of payment have no comeback.

    Now I would take a long walk of a short plank off that boat and look elsewhere. Before parting with that kind of money, for something in China.

    Or if you really want to continue. At least do a google on the company and see if any reviews come up.

    I am aware of the import duties and the cost.

    I know of other people who have bought from this seller and are happy.

    I have bought loads of stuff from China with no real problems before, just nothing on this scale.
    I just find it strange they wont take a paypal payment and frustrated section 75 rule does not apply through a 3rd party payment handler.
  • sly666 wrote: »
    Hi
    The cost is about £2400 including shipping (buy boat)

    Can't you just rent one?
  • no wonder this countrys going down the pan !
  • BugsyBrowne
    BugsyBrowne Posts: 5,697 Forumite
    Nothing wrong with buying from china they tend not to use paypal for obvious reasons being the service rates with international buyers/sellers and also many banks in china don't have the facilities for paypal.
  • sly666
    sly666 Posts: 49 Forumite
    Can't you just rent one?

    yeah..very good :T
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