From Gmarsh4719@aol.com Tue Nov 23 05:30:12 2004
Subject:Re: OT: someone wants to send me an eCheck


Cliff,

I think you should go with the guy who wanted to send you $4700 from
africa, and you send him a cashiers' check for the balance...such a
deal!

If you are talking about a Paypal e-check, that is the third choice
of payments available (instant transfer, credit card and e-check). If
someone wants to pay by bank balance (rather than run up the credit
card) they can use this option.

I know several times I have tried to buy a high value item with
PayPal using instant transfer, often when I go to the payment page,
the option for Instant Transfer (usually the default choice) is
greyed out, or not available leaving only credit card or e-check.
I think Paypal has some limits or transaction rules depending on the
buyer's and sellers history.

Don't take my word on it, but I think once the seller gets the email
from Paypal that the payment is complete (the second confirmation
email) the money is truly in your paypal account. If the e-check
transfer from the buyer's bank blows up later, that's on Paypal. The
paypal e-check is just a credit to your paypal balance, not to your
bank, by the way.

Of course, look at the buyers feedback, location, etc. closely.

Nice BX, by the way!

Greg.

PS, my family has some wealth in diamond mines in Nigeria which thay
have been unable to liquidate that I'd be willing to sign over to you
in exchange for a BX3 :-)

--- In CloneWheel@yahoogroups.com, "Cliff Spencer"
wrote:
> -cliff