If someone from another country made you
the beneficiary of there funds and you wanted to have that money transfer to your
account here in the USA what is the process
2007-09-18 23:44:50 · 3 answers · asked by Larry S 1 in Business & Finance ➔ Personal Finance
Go and talk to the people at your bank. They will let you know the process. Also let them know in detail the transaction and what is happening. You may also want to consult a lawyer about this and see what he/she thinks.
What you are describing sounds like a very common scam. It is very sad that people are still falling for it today. A common name for it is the Nigerian Bank Scam. A person tells you that there is a large sum of money available to you. Sometimes, it is an unknown relative who died. Sometimes, it is a person saying that they are at a bank and have a large sum of money that no one is claiming and wants to move it out of their country and needs your help. Sometimes, it is because of a lottery you never heard of.
There are a few different ways to get burned by doing this. One is that they get your bank account information and then empty your account. Also, they can send you a large check and tell you that you can cash it and send them back money they need to cover their expenses and fees. The check later turns out to be bogus and the bank wants all of the money back. Of course, you sent out a pretty good chunk of it to the scammers. Another thing is that they ask you to pay fees and expenses up front. They get the money and take off. Also, they can use your bank account information for illegal purposes after you give them the information. Finally, there is identity theft. The scammer will probably ask for all sorts of information that can be used to steal your ID. What is really rough is these guys will probably do more than one of these to you and some may even do them all.
2007-09-19 08:57:23 · answer #1 · answered by A.Mercer 7 · 0⤊ 0⤋
A wire transfer from your bank to theirs. It would have to be set up in advance and the proper authorities notified of your death. The executor of your will would then notifiy the banks to handle the transfer.
2007-09-19 09:14:46 · answer #2 · answered by Alterfemego 7 · 0⤊ 0⤋
sounds like the Nigerian scam is at work
2007-09-19 11:24:46 · answer #3 · answered by Anonymous · 0⤊ 0⤋