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dalew · 9 January 2009, 05:22 PM

sold one of my rolex watches on eBay. Buyer in France, what's best shipment from uk? Buyer paying by bank transfer, any scams I should be watching for???

langdalematt · 9 January 2009, 05:35 PM

What I would do, is to have a standalone bank account with no funds in it, or maybe just a couple of quid to keep it open. Tehn make sure you have a deal with the bank for no overdraft limit or facility. This way the buyer can only transfer funds and no extract any funds from the account. Then make sure the funds are cleared and moved from the said account, into your main account before you ship the goods. When shipping make sure you send it fully guaranteed so that there is no dispute if it arrives or not. Take this advice and if they are scammers they should leave empty handed.

the KING · 9 January 2009, 05:46 PM

Is pickup (or meet) and close the deal in bank possible? Sometimes it is the best for both parties!

ArizonaHD · 9 January 2009, 09:27 PM

Once a wire is made it usually cannot be reversed, I say usually because there is a 24 hour audit period, where the bank manager of the originating bank can recall the wire. Now here is what’s REALLY important, you must verify the source / detail of the deposit in your account. It must be a wire. Scammers will deposit a fraudulent check (cashiers or otherwise) in another branch or corresponding bank money appears in your account, same as if YOU deposited a fake cashiers check and then a few days, weeks later the money + overdraft fees are pulled from YOUR account and your watch is bye bye, so verify the source is a wire not an in branch deposit and wait 24 hours.

Shipment by insured post should be fine, FedEx is good, DHL is ok, I guess.

stevemulholland3 · 9 January 2009, 09:35 PM

fed ex is by far the safest method I have found for shipping high dollar watches..
there is no insurance though..if your nervous then use a third party insurance company..

tphan · 9 January 2009, 11:34 PM

Keep in mind international bank wire may take longer to clear than US domestic. This open up opportunity for buyer to have transfer cancel after receiving the watch.

toph · 9 January 2009, 11:43 PM

wait for the money to clear - 3 -5 days possibly from France to UK- and then make sure you send the item fully tracked

bullatagate · 10 January 2009, 01:11 AM

Oh please you people are so anal just let the buyer pay for item and then ship, new acc with a few pounds to deposit funds, not everyone in the world is out to rip you off for your precious Rolex

toph · 10 January 2009, 01:51 AM

Quote:

Originally Posted by bullatagate

Oh please you people are so anal just let the buyer pay for item and then ship, new acc with a few pounds to deposit funds, not everyone in the world is out to rip you off for your precious Rolex

happens all to often unfortunately- better safe than sorry. I bet it would be different if it was you selling your watch

TimeToGo · 10 January 2009, 02:29 AM

Quote:

fed ex is by far the safest method I have found for shipping high dollar watches..
there is no insurance though..if your nervous then use a third party insurance company..

Steve, I have always been concerned about that shortfall, no insurance. Do you still claim the value of the item when using FEDEX?

TimeToGo · 10 January 2009, 02:30 AM

Quote:

happens all to often unfortunately- better safe than sorry. I bet it would be different if it was you selling your watch

You are right about that!!!

onkyo · 10 January 2009, 03:03 AM

Quote:

Originally Posted by bullatagate

Oh please you people are so anal just let the buyer pay for item and then ship, new acc with a few pounds to deposit funds, not everyone in the world is out to rip you off for your precious Rolex

I would be less nervous if it was your Tag I was shipping.

Darren Retour · 10 January 2009, 03:18 AM

Just sent a Rolex to Germany, guy paid via Chaps transfer into my account, i waited two days then sent the piece Royal Mail Insured International signed for.Cost him £11.50 . Only covers upto £500.00 in most european countries and the buyer insisted that was the way he wanted a £2500 watch sent. All okay with no problems though !!

Bank transfer is the only way. Paypal will charge 4%

Darren

dalew · 10 January 2009, 02:35 PM

would it be safer to use paypal or can they scam that too...?

9 January 2009, 05:22 PM	#1
dalew Banned Join Date: Jan 2009 Location: london Posts: 81	rolex selling-fraud scams sold one of my rolex watches on eBay. Buyer in France, what's best shipment from uk? Buyer paying by bank transfer, any scams I should be watching for???

9 January 2009, 05:35 PM	#2
langdalematt Member Join Date: Dec 2008 Real Name: Mark Location: London Watch: Rolex Deepsea Posts: 81	take this approach What I would do, is to have a standalone bank account with no funds in it, or maybe just a couple of quid to keep it open. Tehn make sure you have a deal with the bank for no overdraft limit or facility. This way the buyer can only transfer funds and no extract any funds from the account. Then make sure the funds are cleared and moved from the said account, into your main account before you ship the goods. When shipping make sure you send it fully guaranteed so that there is no dispute if it arrives or not. Take this advice and if they are scammers they should leave empty handed.

9 January 2009, 11:43 PM	#7
toph "TRF" Member Join Date: Apr 2008 Real Name: ChrisTOPHer Location: Sydney Watch: Rolex, Brellum, Posts: 12,601	wait for the money to clear - 3 -5 days possibly from France to UK- and then make sure you send the item fully tracked __________________ "Where no counsel is the people fall, but in the multitude of counselors there is safety." Member No.# 11795

10 January 2009, 01:11 AM	#8
bullatagate "TRF" Member Join Date: Jan 2008 Location: Melbourne Watch: Tag Posts: 76	Oh please you people are so anal just let the buyer pay for item and then ship, new acc with a few pounds to deposit funds, not everyone in the world is out to rip you off for your precious Rolex __________________ FTW 81

9 January 2009, 05:46 PM	#3
the KING "TRF" Member Join Date: Nov 2008 Location: Paris Posts: 218	Is pickup (or meet) and close the deal in bank possible? Sometimes it is the best for both parties!

9 January 2009, 09:27 PM	#4
ArizonaHD "TRF" Member Join Date: Nov 2008 Location: USA Posts: 472	Once a wire is made it usually cannot be reversed, I say usually because there is a 24 hour audit period, where the bank manager of the originating bank can recall the wire. Now here is what’s REALLY important, you must verify the source / detail of the deposit in your account. It must be a wire. Scammers will deposit a fraudulent check (cashiers or otherwise) in another branch or corresponding bank money appears in your account, same as if YOU deposited a fake cashiers check and then a few days, weeks later the money + overdraft fees are pulled from YOUR account and your watch is bye bye, so verify the source is a wire not an in branch deposit and wait 24 hours. Shipment by insured post should be fine, FedEx is good, DHL is ok, I guess.

9 January 2009, 09:35 PM	#5
stevemulholland3 Banned Join Date: Dec 2007 Real Name: steven Location: tampa bay Watch: 1680 18k sub Posts: 6,672	fed ex is by far the safest method I have found for shipping high dollar watches.. there is no insurance though..if your nervous then use a third party insurance company..

9 January 2009, 11:34 PM	#6
tphan "TRF" Member Join Date: Mar 2008 Location: Dallas, TX Posts: 831	Keep in mind international bank wire may take longer to clear than US domestic. This open up opportunity for buyer to have transfer cancel after receiving the watch.

10 January 2009, 03:18 AM	#13
Darren Retour "TRF" Member Join Date: Jun 2008 Location: Bexley Kent Watch: Bluesy M Posts: 141	Just sent a Rolex to Germany, guy paid via Chaps transfer into my account, i waited two days then sent the piece Royal Mail Insured International signed for.Cost him £11.50 . Only covers upto £500.00 in most european countries and the buyer insisted that was the way he wanted a £2500 watch sent. All okay with no problems though !! Bank transfer is the only way. Paypal will charge 4% Darren

10 January 2009, 02:35 PM	#14
dalew Banned Join Date: Jan 2009 Location: london Posts: 81	would it be safer to use paypal or can they scam that too...?

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