Overseas Pay Pal, your experiences.


Much to my surprise I have found myself doing a fair amount of buying and selling overseas. Most of my buying has been from companies and most of my selling has been to individuals. I have been warned that certain countries are to be avoided, what is your experience, opinion, or ideas on this?
128x128stanwal

Showing 1 response by almarg

Hi Stan,

You may already be aware of this, but for the benefit of anyone who isn't I'll mention that under absolutely no circumstances should you or anyone else deal with an individual overseas buyer who offers to pay you (or actually does pay you) with a bank check for an amount that is greater than what you are owed.

There is a long-standing and widespread scam in which an overseas buyer offers to purchase an item that is offered for sale on the internet, and pays with a bank check for greater than the sales amount, asking the seller to reimburse the excess. The check, of course, is counterfeit, but since the bank (or the alleged bank) is in a foreign country it takes a considerable amount of time for it to bounce. Meanwhile a sufficiently gullible seller will end up losing both the item and the amount refunded.

Best regards,
-- Al