EFT scams?

[Generator Man]

I've been advertising a sound system lately, got a few responses via e-mail and telephonically. I've made it clear that I will only take cash (double checked for counterfeit notes) or an EFT, and I will only release the system once the money has been credited and is showing on my account. The one dude seems to be interested and has requested my bank account details, so that he can make an EFT for the full amount. I made it clear to him that I will not give him the stuff unless payment has cleared, and he has agreed.

Is there anything else I should look out for in terms of EFT payments.

 

[CathJ]

Make sure it is an EFT payment, and not a cheque that's been deposited directly into your account.

 

[Hoof-Hearted]

Also wouldn't be a bad idea to have another account to move the funds to once your customers have paid you. I've heard of people's accounts getting cleared out by our brothers and sisters from the nw of our continent once they got hold of one or two additional account-holder details.

 

[killadoob]

pretty simple dont look for anything

when you see it reflecting in your bank account phone the bank and confirm this money is now yours and that nothing can happen for it be removed out your account

 

[Generator Man]

Also wouldn't be a bad idea to have another account to move the funds to once your customers have paid you. I've heard of people's accounts getting cleared out by our brothers and sisters from the nw of our continent once they got hold of one or two additional account-holder details.

Well i'd love to know how they manage that, because everytime one has to draw money out of one's account, the bank wants to stick a finger in one's backside to make sure you're the account holder and not a scammer. All I've done is supply an account and branch code, and thats it. If the account gets cleaned out in some way, it will be the bank's responsibility as I've not compromised the security of my accounts in any way.

 

[Generator Man]

pretty simple dont look for anything

when you see it reflecting in your bank account phone the bank and confirm this money is now yours and that nothing can happen for it be removed out your account

Sweet.

By the way, Gumtree is currently under siege of the scammers, I must have received at least 10 phone calls, sometimes from the same dude using different phone numbers this morning alone. All wanting to pick the sound up right away, pay me by bank guaranteed cheque (from bank of Nigeria ) or wanting to do a deposit and faxing me the slip. I can't believe that there is people still falling for this...

 

[Hoof-Hearted]

... the bank wants to stick a finger in one's backside ...

Strange... that's never happened to me. I'll bet the fairy would move all accounts to your bank if they'd garauntee that treatment everytime .

It's something I heard from a dude I dive with. He has an engineering company that supplies and manufactures mining equipment. Got an order from a country "up north", insisted they transfer the funds to his account before he'd deliver anything. 2 days after confirming with "client" that money was in his account, it was emptied. The 60-odd K from the "client" plus just over 300K that was in the account.
Last I heard, legal wrangle about whose responsibility the missing funds were was continuing. In the meantime though the tin was gone.
May have been BS ?? Who knows... but I'd rather be safe than sorry... you?