Inbound wire transfer safety?


Any risks for a seller (myself) accepting a wire transfer. I believe I need to provide my bank account information to the buyer, and that makes me nervous.

Should I be concerned?
patternlou

Showing 1 response by paladin

I do it all the time in my business.
Very secure & money arrives usually the same day unless international.
You will pay a small fee for incoming transfers - check with your bank.
Once transfer arrives - wait 24 hours & make sure it's posted to your account & not reversed.