|
Senior Member
Join Date: Jun 2000
Location: N. Phoenix AZ USA
Posts: 28,977
|
Quote:
Originally posted by on-ramp
so let me get this straight: you opened a new account, accepted a wire transfer, withdrew the money as cash, and then closed the account within 24 hrs?
sounds like very suspicious activity
|
Its normal overseas procedure for many these days.
You close the new account after withdrawing the cash, this way there is no way that any funds can be reversed by the sender. If you want to be really careful, you deposit the funds in a different bank. Its called CYA.
Sounds like you have not done many overseas wire transfers! I do at least 2 a month and if the receiver is not sure of the source this is the best way to make sure you get and keep your funds.
__________________
2021 Subaru Legacy, 2002 Dodge Ram 2500 Cummins (the workhorse), 1992 Jaguar XJ S-3 V-12 VDP (one of only 100 examples made), 1969 Jaguar XJ (been in the family since new), 1985 911 Targa backdated to 1973 RS specs with a 3.6 shoehorned in the back, 1959 Austin Healey Sprite (former SCCA H-Prod), 1995 BMW R1100RSL, 1971 & '72 BMW R75/5 "Toaster," Ural Tourist w/sidecar, 1949 Aeronca Sedan / QB
|