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Do You Prefer Paypal,Bank Transfer,Cheque or Cash?
Paypal 65%  65%  [ 13 ]
Bank Transfer 25%  25%  [ 5 ]
Cheque 5%  5%  [ 1 ]
Cash 5%  5%  [ 1 ]
Total votes : 20
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 Post subject:
PostPosted: Wed Feb 06, 2008 9:57 pm 
retrobike rider / Gold Trader
retrobike rider / Gold Trader
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Joined: Thu Dec 08, 2005 12:29 pm
Posts: 2378
Location: London
I was comfortable handing out my bank details until recently when Clarkson got bitten http://news.bbc.co.uk/1/hi/entertainment/7174760.stm

Having said that, you get as many details from a cheque, etc, etc


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 Post subject:
PostPosted: Wed Feb 06, 2008 10:16 pm 
Retro Guru
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Joined: Wed Apr 12, 2006 4:23 pm
Posts: 2596
Location: leicester
bank transfers are free :) and safe :)


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 Post subject:
PostPosted: Thu Feb 14, 2008 9:44 pm 
Retro Guru
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Joined: Wed Apr 12, 2006 9:54 pm
Posts: 950
Location: Sunny Northampton
I prefer bank transfer.

I know that there is a certain level of "protection" with paypal but I really dont like their handling fees :(

....not that I'm tight you know, just careful ;) :lol:


Last edited by speedplay on Sat Feb 16, 2008 11:10 am, edited 1 time in total.

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 Post subject:
PostPosted: Sat Feb 16, 2008 2:49 am 
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Joined: Sun Feb 18, 2007 3:39 am
Posts: 2193
Location: bedford
so after reading the clarkson story does this mean that cheques are completely unsafe now?


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 Post subject:
PostPosted: Sat Feb 16, 2008 11:19 am 
Retro Guru
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Joined: Sat Jan 19, 2008 11:16 pm
Posts: 3711
Location: #2058
Just read the Clarkson thing myself :shock: It looks like Paypal may be the only safe way even if they do like to charge 3-4%. Once they read that they'll probably put up the charges for their 'money laundering business', allegedly :wink:


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 Post subject:
PostPosted: Mon Feb 18, 2008 11:53 pm 
Retro Guru
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Joined: Sun Apr 29, 2007 2:29 pm
Posts: 389
there is potential for a scam with bank transfer, which happened to a few computer component suppliers a few years ago,

scammer (posing as a customer) asks for supplier's bank details, pays a duff cheque into the supplier's account at a branch, payment appears on the account immediately as a debit (although not as cleared funds),
scammer phones supplier asking for delivery date and says they are not fast enough and asks for an immediate return of the transferred money, supplier tranfers money via telephone or internet banking,
a couple of days later the original cheque paid in by the scammer bounces,

simple solution, check the funds have cleared,


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 Post subject:
PostPosted: Wed Feb 20, 2008 9:46 am 
BoTM Winner
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Joined: Thu Jan 19, 2006 1:23 pm
Posts: 2765
Location: NW England
stew-b wrote:
bank transfers are free :)

I was under the impression that most banks charge a fee, or is this just if the money is transferred overseas?


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