Ferrari Mailing List: Re: No Ferrari Content NFC - Business Banking Question

[Brian E. Buxton (BrianBuxton]

There is no way for anyone to remove money from your account with just 
your account number and ABA # (all that is needed for a wire).  A money 
wire is actually safer than PayPal, etc., because even with PayPal they 
could use a stolen card and the money would be removed from your bank acct.

Brian


LarryT wrote:

> Howdy -
>    I have a potential customer in Croatia whose credit card was declined. 
> He asked for my bank info so he could do a transfer but I am nervous about 
> providing that kind of info.  Instead I suggested he use PayPal and deposit 
> the needed funds into my PP acct. - which I have never had trouble with.
>
>    Was that reasonable or is there *no* danger in providing bank acct. info 
> to strangers?  I hear so much about scams I guess I'm gun-shy.  I know very 
> little about bank transfers but I would think since the info is readily 
> available on the bottom of my checks the danger would be minimal - but 
> crooks are so ingenius these days.
>
>    Am I being too cautious?
>
> TIA -
>
> Larry T (67 MGB, 74 911, 78 240D, 91 300D)
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--
Brian E. Buxton

President, Buxton Motorsports, Inc .
www.BuxtonMotorsports.com
(812) 476-2281 x 209
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Managing Partner, Private Label Livery Services
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President, Brian Buxton Enterprises, Inc.
Nationwide Enclosed Auto Transportation
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Founder & Past President
SO. IN Region PCA
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