Thread: CherryTrade withdrawal looking a bit scammy

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  1. #1

    Default CherryTrade withdrawal looking a bit scammy

    Thank you for choosing CherryTrade.

    We would like to process your withdrawal request for the amount of ?10 MILLION GBP.

    Kindly provide us with the following details in order to send the funds via wire transfer.

    1. Beneficiary Name / Name on bank account
    2. Beneficiary Address
    3. City
    4. State
    5. Postal code
    6. Country
    7. Name Of Bank
    8. Bank Address
    9. Account Number
    10. Account type
    11. Routing code
    12. Swift Number
    13. IBAN if applicable
    14. BIC if applicable
    15. BSB# if applicable
    16. ABA Routing if applicable

    Please note that we are unable to refund credit cards at the moment and the only method available for withdrawals is wire transfer.

    Do not hesitate to contact us should you have further questions.
    Is it just me, or does that seem a bit dodgy? This is my first withdrawal from any BO broker, so I'm not sure whether wire transfer would be standard practice, but that email looks somewhat "scammy".

    Appreciate any advice, thanks.
  2. #2

    Default

    Looks like a pretty standard wire template to me. It's not that they can initiate a transfer the other direction anyway
  3. #3

    Default

    How did you make your initial deposit? If it was via card, they should be able to refund back to the same method. I know they mentioned they can't do "credit cards at the moment" but some brokers will insist on withdrawing back via the same method to reduce the risk of money laundering.

    ...but as Beckz says, they can't make a payment to themselves with those details anyway.
  4. #4
  5. #5

    Default

    If only that were true!

    EDIT: Because I'm still paranoid, I'll use an account with no money in it, and not my main account where I'm currently saving for a deposit on a house purchase!

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