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Thread: Opinion on shipping/receiving cash

  1. #1
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    Opinion on shipping/receiving cash

    Hi CWC,

    I am looking for some information on how some of you recommend shipping a watch and receiving payments with minimal exposure to scamming. I totally understand F2F would be ideal, but I am all the way across the country.

    Cheers.

  2. #2
    Member MtlClimb's Avatar
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    I would say swallow (or have the buyer/seller swallow) the PayPal fees. Make sure the transaction is for sale of goods and have the proper entry for the item. If anything goes wrong you can have recourse with PayPal. Or use an escrow service online.


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  3. #3
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    If youre selling Id recommend the following:
    - get a parcel pro account and pack and insure it properly
    - use Interac eft or PayPal friends and family to get paid. Dont ship until $$$ is in the bank
    - if the buyer insists on regular PayPal charge them the 3% and dont sell it to them unless youre comfortable with the sale (all questions asked/answered so they cant claim a surprise upon receipt, CWC references)


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  4. #4
    Senior Member saskmh's Avatar
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    Have the funds sent via EMT.

    Send the watch via Parcelpro.

  5. #5
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    The gold standard in Canada is EMT followed Bank wire, then direct deposit. Paypal protection is mostly myth, and even worse outside ebay (for now).

    Some send cash by fedex, but on the whole it is not advisable.
    I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones.
    Albert Einstein

  6. #6
    Member MtlClimb's Avatar
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    Quote Originally Posted by canwatchco View Post
    The gold standard in Canada is EMT followed Bank wire, then direct deposit. Paypal protection is mostly myth, and even worse outside ebay (for now).

    Some send cash by fedex, but on the whole it is not advisable.
    I did not know that. Very informative.

    Would you say if you are the one sending EMT, would there be any recourse if the seller doesn't ship you the item?


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  7. #7
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    Quote Originally Posted by MtlClimb View Post
    I did not know that. Very informative.

    Would you say if you are the one sending EMT, would there be any recourse if the seller doesn't ship you the item?


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    Through the legal system, yes. EMT transfers are bank to bank and carry secure info on both the sending and receiving parties.

    Vet your seller. That is the way to mitigate the bulk of your risk.
    I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones.
    Albert Einstein

  8. #8
    Senior Member Thegr8one's Avatar
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    Quote Originally Posted by canwatchco View Post
    Through the legal system, yes. EMT transfers are bank to bank and carry secure info on both the sending and receiving parties.

    Vet your seller. That is the way to mitigate the bulk of your risk.
    When you say "through the legal system, yes" are you simply referring to hiring a lawyer or are there services you are aware of that investigate EMT theft/fraud?

  9. #9
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    Quote Originally Posted by Thegr8one View Post
    When you say "through the legal system, yes" are you simply referring to hiring a lawyer or are there services you are aware of that investigate EMT theft/fraud?
    Lawyer, small claims court, police.
    I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones.
    Albert Einstein

  10. #10
    Senior Member Thegr8one's Avatar
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    Quote Originally Posted by canwatchco View Post
    Lawyer, small claims court, police.
    Gotcha, thx. I ask because I got taken for $200 last year, not watch related, and was wondering if it was worth my time to try and nail the creep. Probably not worth it for $200.

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