selling my sisters' watch - something fishy ?

jonny0

hi everyone,
i am really confused at the moment as this is the first time i have come across something like this but i aint surprised as i have never sold anything expensive on ebay.
anyways i sold my sisters watch that she got on her wedding, (worth around 3.5K!). the buyer who has zero feedback has asked me for my account number and sort code so he can do a cash transfer from his mbna credit card
I told him send me a cheque! he goes he does not have the funds to do this and he prefers to use his CC and pay it off later.

i have heard a little about bank transfers but never used it. It seems safe from what little i know but i have decided to come here for advice as its a expensive item plus he is a newbie.

so anyone tell me if i should let him ?

frivolous_fay

As long as it's your bank account and not your credit card, it's very safe to give him these details.

I am a bit astonished that he's willing to pay so much for this watch by a method that is very unsafe for him - do come back and update us on whether he pays or not!

steveo3002

he's not asking to send it to some random country is he?

jonny0

frivolous_fay wrote: »

As long as it's your bank account and not your credit card, it's very safe to give him these details.

I am a bit astonished that he's willing to pay so much for this watch by a method that is very unsafe for him - do come back and update us on whether he pays or not!

yes he only asked for my name, account no, sort code and bank. he said he will do a cash transfer from his mbna cc.

i do have good feedback so he doesnt have nothing to worry about!

jonny0

steveo3002 wrote: »

he's not asking to send it to some random country is he?

nope, its london.

COOLTRIKERCHICK

i might be totally wrong here....so please correct me on this..

but if he transfers money from his cc for a large sum of money, could he not later on say it was stolen or something like that, and that he did not send the money, if this happened could the money be claimed back from your account ?

hope some one tells me i am wrong, but i allways look at it as though someone is scamming....sorry...

Jimbobby_2

Run away. Having done over 11000 transactions on ebay that's a new one on me and I wouldn't touch it with a bargepole. If he's got a credit card then he could pay by Paypal, why is he trying to transfer that amount of money, its a very unusual way of doint things.

Get the guy's name and address and then Google him and Yahoo him and do a bit of research.

I don't have all the info but from what you've said so far it sounds way too 'fishy'!

jonny0

hmm, well i havent given him the info he has asked for nor do i have any intention of sending him it. something does sound fishy but i dont know what exactly it is. i just have some feeling in me telling me "SCAM".
he says he wants to do a cash transfer from his credit card and says its no different to when someone does a bank transfer from a bank account.... i guess he is right when he says that.
But then like someone said on here what if he says after its stolent, or if he claims someone else did the transfer! then would i lose out ?
But then and again someone could do that with a cheque, or a normal transfer from a bank account.

this is all soo confusing i dont know where i stand. any more advice/help would be appreciated.

OH, and as for paypal i dont accept it. not for this much amount of money. it would be suicidal for me to accept paypal as i would attract all kind of scammers. so even if he offered me paypal i would reject it.

freddysmith

Why don't you phone your bank and ask if this type of transaction can be reversed. Personally I would have put very strict conditions on my auction listing to help prevent this problem (cash on collection or Direct bank transfer). You need to check up on the CC cash transfer with your bank.

susplum

You could ask him to transfer the money from his card to his own bank account then to yours and that way he can't use any of the usual credit card scams.

hobbo25

I think the reason he is doing the payment like this is it will be classed as a balance transfer on his MBNA account so am guessing he probably has a low rate. Doing it through paypal is classed as retail transaction so would be at normal retail rate.