Follow a few simple guidelines to stay one-step ahead of the scammers.
- Avoid sending money to someone you’ve never met in person.
- If you feel you have to send money to someone you’ve never met, try to avoid sending large sums all at once.
- Consider paying late.
- Use a reputable and secure money transfer service.
How can I tell if someone is scamming me?
Seven signs you’re being scammed
- A company is contacting you out of the blue.
- You’ve been rejected for credit, but you’ve got a good credit history.
- You’re being rushed.
- Your bank is asking you for your PIN number personal information.
- The letter or email you have received is full of dodgy spelling and bad grammar.
What is the safest way to send money to a stranger?
Deal locally, face-to-face —follow this one rule and avoid 99% of scam attempts.
- Do not extend payment to anyone you have not met in person.
- Beware offers involving shipping – deal with locals you can meet in person.
- Never wire funds (e.g. Western Union) – anyone who asks you to is a scammer.
- Don’t accept cashier/cert.
How can I send money to family abroad?
How to send money to family abroad: Collect the banking information of your recipient including the name on the account, bank account number and relevant local banking codes. Check any tax thresholds or regulations that may apply to sending large sums.
Do you have to pay tax on money sent abroad?
If you’re sending a lot of money to family abroad as a gift, you or your recipient may be required to pay gift tax. The sections below will give you some basic info about potential tax implications of sending large sums overseas. (Refer to your local tax office website for more info). What is the best way to send money to family abroad?
When to send money to a love interest?
Scammers prefer to request money via money transfer because the money moves so quickly. OFX can offer same day or one business day delivery times to many countries, so before you send money to a love interest you met online, check out our security page to read up on the red-flags for common scams.
