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  Home >> Scams/Fraud  
Risks with Bank Drafts

What is a "confirmable bank draft with SWIFT confirmation" for international business? How does it work and what are my risks?


Every instance of the phrase that we have found in a cursory Internet search screams "SCAM!" Evidently, the phrase has been used in a series of advance-fee scam email messages. With that as background, contact a bank with an international department to learn more about such drafts, if your inquiry is genuine.

Published on BankingQuestions.com 1/08/10