With all the scams, swindlers etc out there, just thought I'd throw this out for anyone who may know more than I do:For over 20 years I have had a totally rebuilt 348 Tri-Power for a 58 Impala. I always wanted to find a 58 Chev convertible for it, but never did. I just sold the engine on Kijiji yesterday. The buyer lives in the next province from me, so I have not met him. Everything was done by email.He sent me a sizable deposit by etransfer to hold it until he can drive out and pick the engine up, at which time he will etransfer the balance. Ok, sounds good.The question I am pondering is: How safe is etransfer? Funds are in my account. Can these be scammed? Can it be reversed somehow? I am leery of any transaction with a stranger for large amounts of money. Everything seems fine, but I believe in being very careful with Kijiji transactions.Anyone have real life experience with this?(Not looking for wild guesses - I can do those myself)Thanks.

your very best info should come from your bank, ask them. on here a scammer could tell you anything. deal with your bank.

I do not trust any of that stuff, I will meet the person at my bank and bring cash. Also meeting in front of your police station works well.

Transfers like Zelle or similar are very safe and is a transfer to/from your bank. No worries. Wire transfers as well are very safe. You can call your bank or check your account online to see if the money has arrived. If you have concerns you can call your bank and make sure that transfer is safe.

Zelle is not available in Canada as far as I am aware.I've used payline by ice for many years and never had a problem. It is credit union based.

Cash and carry at bank or police station.

How safe is etransfer - selling big items? | Good Sam Community

ol_Bombero-JC
Explorer
Aug 30, 2022
PButler96 wrote:
Just makes sure the buyer is not a Nigerian Prince.

Buyer is a King! Just give him a call......

Here King, Here King!!

Woof.

:W
dedmiston
Moderator
Aug 28, 2022
Grit dog wrote:
dedmiston wrote:
I deleted some of the US vs CA nonsense.

Let's keep the politics out of this.

Could you delete some of the other nonsense too? Lol

Watch what ya wish for. :B
Grit_dog
Navigator
Aug 27, 2022
dedmiston wrote:
I deleted some of the US vs CA nonsense.

Let's keep the politics out of this.

Could you delete some of the other nonsense too? Lol
Grit_dog
Navigator
Aug 27, 2022
fj12ryder wrote:
Grit dog wrote:
In the case of something not very expensive, like an engine, I'm not sure why he couldn't pay the balance in loonies. I mean, what is it, a couple grand, tops?

But good luck getting a real world review of online funds transfers from a group of senior citizens....
Senior citizens. You mean like Warren Buffet, Peter Lynch, George Soros, et. al.? :)

No, I mean the “cash only I don’t trust the internet and I’m afraid of using the tanks in my camper” crowd.
Grit_dog
Navigator
Aug 27, 2022
BobsYourUncle wrote:
Grit dog wrote:
In the case of something not very expensive, like an engine, I'm not sure why he couldn't pay the balance in loonies. I mean, what is it, a couple grand, tops?

But good luck getting a real world review of online funds transfers from a group of senior citizens....

Couple grand doesnt even cover the deposit to hold the engine, lol!:B

Extremely rare engine, near impossible to find, and all totally rebuilt by a pro rodder. Never run. It's worth a gob of change!
It was introduced in 1958, with triple carbs as an option, which mine has. It was superceded in 1961 by the 409 engine.

My bad….didn’t know how rare it was nor condition.
BobsYourUncle
Nomad
Aug 27, 2022
Grit dog wrote:
In the case of something not very expensive, like an engine, I'm not sure why he couldn't pay the balance in loonies. I mean, what is it, a couple grand, tops?

But good luck getting a real world review of online funds transfers from a group of senior citizens....

Couple grand doesnt even cover the deposit to hold the engine, lol!:B

Extremely rare engine, near impossible to find, and all totally rebuilt by a pro rodder. Never run. It's worth a gob of change!
It was introduced in 1958, with triple carbs as an option, which mine has. It was superceded in 1961 by the 409 engine.
fj12ryder
Explorer III
Aug 27, 2022
Grit dog wrote:
In the case of something not very expensive, like an engine, I'm not sure why he couldn't pay the balance in loonies. I mean, what is it, a couple grand, tops?

But good luck getting a real world review of online funds transfers from a group of senior citizens....
Senior citizens. You mean like Warren Buffet, Peter Lynch, George Soros, et. al.? :)
blofgren
Explorer
Aug 27, 2022
Grit dog wrote:
In the case of something not very expensive, like an engine, I'm not sure why he couldn't pay the balance in loonies. I mean, what is it, a couple grand, tops?

But good luck getting a real world review of online funds transfers from a group of senior citizens....

:B
dedmiston
Moderator
Aug 26, 2022
I deleted some of the US vs CA nonsense.

Let's keep the politics out of this.
joebedford
Nomad II
Aug 26, 2022
Incidentally, I've always been leery of taking cash as it's so easy to counterfeit - Canadian $$ not so much but US $$ easier.

Most I've taken in cash was $6K for a motorcycle I was selling.

Forum Discussion

How safe is etransfer - selling big items?

About RV Tips & Tricks

Related Content

Mounting Items

Where to sell RV items other than craigslist?

Selling

Repair vs. sell

To sell or not to sell