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

[Brian E. Buxton (BrianBuxton]

Letters of credit mean nothing, and nobody can remove money form your 
account with a demand letter unless you authorize it.  If you want ot be 
completely safe have your bank call their bank and initiate the wire 
that way.  Then nobody other than a bank has your info.  a wire is still 
be far the safest way to receive money.  Although they CAN be reversed, 
even though banks say they can't.  Have had it happen to me.

Brian



Tom Reynolds wrote:

> Larry,
>        If I remember correctly (and that's a BIG "if"), get a Letter of
> Credit from his bank.  I think that's one of the ways we used to do it back
> in the '80s and early '90s when I was working in the International Dept. at
> Cooper Aviation Supply Co. Or, alternatively, call your bank and ask for the
> appropriate person in their International Dept.  Even if that's not what
> they call it, you should end up talking to someone who deals with
> International payments on a somewhat regular basis, and, what with it being
> Your bank and all, they should be able to advise you on a safe payment
> method from your Croatian customer.
> Best regards,
> Tom
> Tulsa, OK
> ----- Original Message ----- 
> From: "Jason Polzer" <jason [at] internethosting.com>
> To: "Tom Reynolds" <kjtar [at] cox.net>
> Cc: "The FerrariList" <ferrari [at] ferrarilist.com>
> Sent: Friday, December 01, 2006 8:27 AM
> Subject: Re: [Ferrari] No Ferrari Content NFC - Business Banking Question
>
>
>  
>
> > Be wary of Paypal.  Sorry I can't answer the banking question.
> >
> > Paypal took back a sizable amount of money from me two months after I
> > received it.  Of course I did not have enough money in my Paypal account
> > so they just took it from my bank account/credit card.  Apparently the
> > monies I received from their paypal account was funded with a stolen
> > credit card.  So Paypal's policy is the legit user gets hosed out of
> > goods AND money.
> >
> > Use an insured method for international trade if the $ amount makes you
> > sweat.  I've never used one, only heard about them.
> >
> > Jason
> >
> > 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)
> > > www.youroil.net for Oil Analysis and Weber Parts
> > > Test Results http://members.rennlist.com/oil
> > > PORSCHE POSTERS!  youroil.net
> > > Weber Carb Info http://members.rennlist.com/webercarbs
> > > Porsche Road Test http://members.rennlist.com/roadtest/
> > > .
> > >
> > > _________________________________________________________________
> > > To unsubscribe or modify your subscription options, please visit:
> > >
> > >      
> http://lists.ferrarilist.com/mailman/options/ferrari/jason%40internethosting.com
>  
>
> > > Sponsored by BidNip.com eBay Auction Sniper
> > >
> > >      
> > _________________________________________________________________
> > To unsubscribe or modify your subscription options, please visit:
> > http://lists.ferrarilist.com/mailman/options/ferrari/kjtar%40cox.net
> >
> > Sponsored by BidNip.com eBay Auction Sniper
> >
> >
> > --
> > No virus found in this incoming message.
> > Checked by AVG Free Edition.
> > Version: 7.1.394 / Virus Database: 268.15.2/560 - Release Date: 11/30/06
> >
> >
> >    
>
> _________________________________________________________________
> To unsubscribe or modify your subscription options, please visit:
> http://lists.ferrarilist.com/mailman/options/ferrari/brianbuxton%40buxtonmotorsports.com
>
> Sponsored by BidNip.com eBay Auction Sniper
>
>  

--
Brian E. Buxton

President, Buxton Motorsports, Inc .
www.BuxtonMotorsports.com
(812) 476-2281 x 209
Member ThaList.com

Managing Partner, Private Label Livery Services
www.PrivateLabelLimo.com 

President, Brian Buxton Enterprises, Inc.
Nationwide Enclosed Auto Transportation
www.BuxtonMotorsports.com/storage-transportation.php 

Founder & Past President
SO. IN Region PCA
www.pca.org/soi