Selling Online... Direct Deposit

Discussion in 'Business and Finance' started by Mark_18, Oct 8, 2009.

  1. Selling Online... Direct Deposit

    I'm selling something to a fellow in BC.... Is it safe to accept Direct Deposit as a seller? Once I see the money in my account, it's not possible to be undone somehow?

    I have his information, but still trying to be careful.
  2. Mark, the best thing to do is call your bank and ask.

    It's always good to be cautious.
  3. Many people these days use PayPal to accept payments. Check with your bank and ask about the holding period required before the person can not ask for the money back. After that period has past then you could deliver the goods or services purchased and not before.


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