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: A safe way to receive money via online?


hear-it-first
06-16-2012, 06:02 PM
Hi, I need to receive some money from my friend who is from Asia. She wants to use online banking to send me the funds, but I am not comfortable sending her my bank account # and information by e-mail. What is a safer method of receiving the funds?

winson604
06-16-2012, 06:04 PM
Why don't you call them and tell them your account info over the phone then?

drakeD
06-16-2012, 06:13 PM
she can send you a wire transfer but it depends on how much it is b/c there are costs for receiving wires. Check with your bank and see what information is needed and see how much it costs to receive a wire. If its a large amount then wire would be safer but if its a very small amount then don't waste your time.

4444
06-16-2012, 06:34 PM
western union is good enough, $9 or so to send, probably same to receive

if not, paypal?

Nssan
06-16-2012, 06:52 PM
Is your friend in China or other asian countries? In China, it would be best to wire money over, there will be roughly $25 CDN of fee to send on their side, and $10 in fees on your side to receive. Any major bank in China used to send, will arrive in Canada less than 3 days, so its not too bad. If you feel unsafe about giving your current bank account, if you can always open a new empty bank account and send them the numbers. They can't really do much with it.

sh0n
06-19-2012, 02:45 PM
Bank Wire is probably the safest.

The above poster is pretty much dead on about the fees. Will cost your friend $ to send and will cost you $ to receive.

Even if you gave out your bank account info to your friend they wouldn't be able to hurt you or do anything bad with it.

tiger_handheld
06-19-2012, 04:44 PM
If you trust the person, western union / money gram all work.

Alternatively, she can send funds over to my account and we will go to the teller and get cash.
My fee is :troll:

Jassanova
06-21-2012, 02:33 PM
Interac e-mail transfer. She just has to put in your email address, no banking info. You click the link in the e-mail and redeem the money transfer when you log in to your online banking system.

Nssan
06-21-2012, 09:47 PM
Interac e-mail transfer. She just has to put in your email address, no banking info. You click the link in the e-mail and redeem the money transfer when you log in to your online banking system.

Not possible from China. That only works within Canada.

Trust me, I am working in China now and I've thought of many ways to get money to Canada.