Which? spoke to a student who sent money abroad to pay for rental accommodation. Unfortunately they fell victim to a scammer who was posing as a landlord and lost £1,143.
New protections for bank-transfer scams don't apply to transactions made to non-UK bank accounts, so you need to be certain that the recipient is genuine when transferring money overseas. Find out more about protecting yourself from this type of scam.
Transfer money safely
Source: Which? (05 Feb 2025)