Thread: Fraud question
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Old 05-29-2003, 11:50 PM
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Dan Semko Dan Semko is offline
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Here's how I've done wire transfers in the past. Have your buyer provide the name of his banker and the phone number. Call his banker and tell him directly what your banks ATA number is. This number can easily be obtained by calling your banker. Tell him to transfer the funds to the smallest account you currently have open then call your banker immediately and advise him that a wire transfer from buyers bank are being sent to your account.
Anyone trying to reverse the transaction will cause alarm and the transaction will be terminated immediately. The important aspect here is for you to talk directly to the buyers bank as well as with your own.
It will be a smooth and quick ransaction.
P.S. Remember the exchange rates when closing the deal and BE SURE to specify the sale is in US currency to your buyer!
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