Thread: Bank Wire
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Old 16 July 2021, 03:57 AM   #5
Pinchy
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Join Date: Mar 2021
Location: California
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Quote:
Originally Posted by shredder View Post

Several scenarios come to mind when using a bank wire that could go wrong after you 'wire' money;


Package gets lost, seller absolves himself of any responsibility.
Seller gets severely injured or dies before package.
Seller ghosts you and never sends package (unlikely, but still possible).
Seller sends you a package with no watch in it (this happened to me through ebay and ebay covered me 100%)

Watch is not authentic and seller says you did it.
You find out watch is not authentic years later and seller out of business or is not responsive.



Thoughts?

You are 100% correct but it's a two way street. Everything above, you must do what you can to weed out the seller is not a scammer.

From the sellers perspective, they need to be doing the same thing. Adding a reversible transfer mechanism adds a whole lot more risk to the transaction for the seller that are very difficult to resolve.
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