Withdrawal symptoms

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Withdrawal symptoms

I've taken your advice and won't deal with a Swedish buyer for my car who wants to pay be bank transfer and have his agent pick the car up. However I am curious to know how the money would be taken back out of my account once it had cleared (as I wouldn't part with the car until it is actually cleared funds in my account). Presumably this can only happen if the money was originally stolen?

Asked on 14 August 2010 by RG, via email

Answered by Honest John

No a transfer from a foreign bank is never safe. Police advice is that the funds can be withdrawn at any time. A cheque is now safe after 7 days. A foreign bank transfer definitely isn't. Explained here: www.honestjohn.co.uk/faq/accepting-payments

Tags: buying scams used cars

Dear Honest John,

Please help me choose my next car. I would like it to have:

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