George,
I do a great deal of business overseas in doubtful situations, and use
an international letter of credit. If you have credit cards to cover
the amount plus ten(10) percent, you should be able to get such a
guarantee of payment as a private party, at least so I am told. The
seller recieves the letter of credit and takes it to his bank. The
banks actually exchange the computer entries or whatever. I always
write the letter of credit to be paid after delivery and inspection.
Any reputable company should not have a problem with these arrangements.
I assume your amount is small, but this is done even in the hundreds of
thousands, and probably larger amounts, every day.
Hope this helps,
Dave
By the way, the drug dealers just pay cash. If they stiff somebody,
they kill them. A very effective method of assuring payment.
GMari58175@aol.com wrote:
>
> Hi list,
> How do I buy something from an international source who doesn't accept credit
> cards, and wants cash. I know, this sounds fishey to me too, but would
> appreciate any ideas on how the seller is guaranteed payment, and I am
> guaranteed delivery. I am told that UPS, Federal Exp., and USPS do not do
> international COD deliveries. The seller is suggesting a bank transfer, which
> is ok if my bank will release the funds only after I receive delivery.
> I wonder how the drug dealers do it. Geez all I'm buying is car stuff.
>
> Thanks,
>
> george marinos
> sprite MKII An6
> glen rock, nj
--
Dave Miles
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