Paying by IBAN?

DatDot

Hello,

I bought an part for my car from ebay.de ( Germany ) the seller requests from me to pay by IBAN, i dont know what its mean but i think its like transferring money to his bank account..

Isnt that dangerous ? i mean what if i transferred money to his account and then he just forget everything and dosent ship my item ?

in paypal when that happen at least i can return my money but with iban it does or not ?

Sorry i dont know what its iban and i never used that method so its new for me and i dont know if its like paypal like there is a chanse to return your money if something happened



also another site a seller want me to use IBAN method he is from Holland


Please someone could help me ?



" sorry for my bad english "

Cheshire Cat

IBAN is the international bank account number and yes, what he is asking you is to transfer money to his account. You have no comeback with a payment like that. PayPal would be safer.

Are you dealing with a company? I am ordering quite a bit from Germany and it is quite common to be asked for advance payment by bank transfer if you are a new customer. I have never had any problems with that and have always received my order. However I was always dealing with reputable companies.

DatDot

Cheshire Cat wrote: »

IBAN is the international bank account number and yes, what he is asking you is to transfer money to his account. You have no comeback with a payment like that. PayPal would be safer.

Are you dealing with a company? I am ordering quite a bit from Germany and it is quite common to be asked for advance payment by bank transfer if you are a new customer. I have never had any problems with that and have always received my order. However I was always dealing with reputable companies.

Nope i am dealing with a seller i mean normal person not company

i dont think he gonna scam because it dosent make any sense

but i am asking about that because there is items that i need it and the sellers of these items always use transfer money bank

so i dont know, i pay him by trasnferring or i refuse ?

DatDot

Help please

Seamus1964

What sum you talking about? Few hundred? Few thousand?
If sum is big then seller do not want to pay paypal % , bank transfer (aka IBAN) is much much cheaper.
Paypal covers you only so much anyway if something goes wrong and it will be very painful process..
IMHO paypal is not the greatest payment processor out there but unfortunately there is no alternative available.
If you are sure that item you bought is in condition you hoping it to be and seller has good rank then go and make your bank transfer (seller will send you his/her IBAN and Swift code)


Good luck!!!!

nlgbbbblth

The Germans like bank transfer as a means of payment. I buy a lot of items from ebay and notice quite a few that insist on it. Never had a problem.

allthedoyles

International direct payments are always processed with IBAN in company I used to work for .

Its normal to give these account numbers , - It should be on your bank statement.

So in your case , the seller will give you his IBAN + BIC , and you do not need to give him your IBAN + BIC code

keithclancy

Yes OP ... IBAN + BIC is perfectly normal in Germany.

Takes around 2-3 working days for payment to go through.