Thread: Wire transfer?
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Old 04-26-06, 05:32 PM
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Wire transfer?


Quote:
Originally posted by Degsy
It's cheaper than an escro company, but it is riskier.

I have wired tons of cash to the UK over the years (well,not tons, but several thousand or so).

You go to your bank, ask for a domestic wire transfer form and fill it out with the relevent details (bank routing number and account number) and the money gets transferred instantly.

Be aware, the 'banker' on his end of the phone might not be a real banker. Might just be a guy on the phone ready to get your account number and routing number so he can print up fake checks. He will already have your name and adress from the bill of sale. All it takes is a MICR printer. We have one here at work.

derek
Exactly.

And a wire CAN be recalled. I send about 20 domestic and international wires per month.
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