Advice on wire transfer and shipping to APO


I responded to a "wanted" post. The buyer is German and has agreed to payment via wire transfer, but wants it shipped to a friend with an APO address. I think APO stands for American Post Office and assume that means the friend is in the US Military in Germany. AFAIK, once the money hits my account via bank wire, the funds cannot be reclaimed, so I would be protected, but want to hear from anyone about the safety of this kind of transaction.
swampwalker

Showing 3 responses by jmcgrogan2

I have sold to International buyers who have asked me to lie about the price to avoid custom fees, VAT, etc. When I explain to them that I would also have to lower the insured value, and they would only be able to recoup what the item is insured for, most say OK. Some however come up with another contact within the USA for me to ship to, usually a relative or friend. Then they'll have their contact ship it to their wishes.

I have never had an issue with a bank wire transfer as far as safety goes. However, bank fees have been going up pretty drastically. I think it's up to $40 to accept an incoming wire transfer now. Even more if the funds have to be transfered into USD.
You should be safe Swampwalker. Any time money changes hands their is always a risk, even with cash (it could be counterfeit). Personally, I have never had, nor have I heard of, a wire transfer being recalled like Paypal.
Just make sure the funds clear into your account and you are golden.

BTW, were you planning on selling your VAC preamp anytime soon? I think it's time for you to upgrade. LOL!
I was looking at a Doshii Alaap II, but I just couldn't pull the trigger. A bit too far out of my price range, even used. I've heard great things about them though.