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Practise Safe Trading with Needbay

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Practise Safe Trading with Needbay

We advise you to take some time and read the following hints & tips which will help you stay safe when trading and dealing with strangers.


Meeting and trading with strangers face to face

·         Whenever you meet a stranger, always ensure there is someone else with you or meet in a public place.
·         Wherever possible, meet the person you’re trading with face to face to see the item and exchange payment.
·         Never carry large amounts of cash with you when meeting someone you don't know.

Good practice

·         Unless you are paid in cash, always wait for payment to clear before handing over goods, in some situations (particularly with overseas payments) a payment could still be withdrawn by the bank after it has cleared.
If you are in any doubt talk to your bank for more information on this.
·         If you ever make a payment before receiving an item, you can risk losing your money if the item never arrives or is not as described.
·         If you are being paid cash, always study the notes for signs of forgery by feeling the paper, studying the printing, checking the watermark and the metallic thread these are all tell tale signs that the cash could be counterfeit.
More information on checking for counterfeit money is at the Bank of England web site
·         If you are sending an item through the post, always obtain proof of posting and ensure the parcel is adequately insured against loss up to the full value of the item.
The Post Office provides a "Certificate of Posting" for free, giving compensation for low value items.


Paypal
·         If you have to make payment before receiving the item, consider paying via PayPal who will often provide compensation should you not receive the item or if it is significantly not as described
·         If you are receiving money through PayPal or other online payment service, don't rely on an email confirmation that you have received funds as this may have been faked. Always log into your account to confirm this by typing the address directly into your browser (don't follow links in the email). Also note that PayPal does NOT hold funds pending delivery of an item.
If you see any suspicious activity on Needbay, please let us know at
info@needbay.uk.com