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Old 23 May 2020, 07:26 AM   #8
byr0nic
"TRF" Member
 
Join Date: Dec 2010
Location: London, New York
Watch: ing art & watches
Posts: 117
Transferwise is as legit as any other bank account (in fact, it is a bank account, or at least their 'borderless account' product is); it's simply a sensible ways to get a decent forex rate (what he's probably optimising for if primary currency is EUR, hence why he wants to use it), so I'd simply view it as a signal that you're not dealing with an idiot, and that's pretty much it! ;-)

Everything else should still apply re: the transaction and your assessment of its safety, of course, however TW in itself is not a vector that should raise concern.

The _only_ thing I'd say that is odd here is why it even required the buyer to mention it in the first place; as above, it's akin to a regular bank account (as has been noted, how you add funds can be via debit/credit card, or another bank account), so assuming you're sharing your bank details to have funds transferred directly by the buyer, whether Transferwise is being used to send the funds or not is immaterial from your POV (apart from a few convenient notifications sent via the TW system)... all that will happen is funds are added as per any other local bank transfer, even if Transferwise is used to send them.
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