In-call bank transfer deposits - possible explanation

[scutty brown]

There have been a number of threads recently about a rise in the number of girls asking for bank transfers as deposits prior to an in-call. I think I'm beginning to see a pattern following a number of WhatsApp conversations.

It looks as if the "deposit" is actually the trafficker/pimps/profile maintainers share of the girl's earnings. The deposits go to the pimps bank account, not the girl. Stops the need for regular meetings to hand over cash. Whether COVID is a cause of this I don't know - could just be an attempt to disguise the link.
Strangely enough the payment details I've seen show the mixed up nature of escorting, with the bank accounts all being in EE female names, even when the girls are notionally Japanese or Chinese.
It's worth pointing out as well that some of the girls have shown serious fear when I've pushed questions at them about this.
FWIW I've found two banks in use, both looking scamsterish. There are probably others

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[signy]

Thanks SB. I am not sure what to make of this, but will add it to the list of reasons not to pay deposits (except in particular circumstances), and certainly not to random WGs with little history.

Particularly didn't like the suggestion that there is a coercive/fear element here, suggesting that the girl might not be totally consensual, so another reason to avoid.

[lillythesavage]

It is generally assumed pimp = male, not always the case and women are just as capable or used to front an operation, recruit and maid.

[Bristolguy]

Depending if she’s a really busy girl could be scary have large sums of cash around and then having to travel to the bank or post office to deposit it

[daviemac]

Depending if she’s a really busy girl could be scary have large sums of cash around and then having to travel to the bank or post office to deposit it

If she's collecting over £100 per booking in cash why would she worry about the small percentage that is the deposit.   

[willie loman]

It is generally assumed pimp = male, not always the case and women are just as capable or used to front an operation, recruit and maid.

good point many of the cases that come to court involve women running the show.

[scutty brown]

If she's collecting over £100 per booking in cash why would she worry about the small percentage that is the deposit.   

Typically the split seems to be £50 to the pimp £70 to the girl.

[daviemac]

Typically the split seems to be £50 to the pimp £70 to the girl.

That would be about right, maybe a bit more in some places, taking a deposit doesn't stop them having large amounts of cash lying around though.

[lamboman]

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Are you saying Revolut is a scam?

[scutty brown]

Are you saying Revolut is a scam?

Given their origins and the fact they rely on another company to provide the back end financial services I'm extremely sceptical about them hghc

[Strawberry]

Are you saying Revolut is a scam?

There have been problems with new start up banks such as Monzo, Revolut etc they are not established, cannot guarantee international payment pathways, and as I understand it not covered by certain schemes which protect customers.

I've read articles about them closing accounts based on algorithms leaving account holders unable to access or use their account. I was sceptical myself, lots of people recommend them. I use one for very small personal transactions - absolutely tiny, created to find out how they work. Seems easy to open an account, easy to use, but uncontrolled.

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[lamboman]

Given their origins and the fact they rely on another company to provide the back end financial services I'm extremely sceptical about them hghc

Fair enough but I think scam is a bit harsh.

[scutty brown]

Fair enough but I think scam is a bit harsh.

Revolut isn't even licenced as a bank, they piggyback off this company
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[smiths]

Very easy to not get involved with, DONT give ANY WG a deposit under any circumstances, works for me and has done for many decades of punting.

[lamboman]

Revolut isn't even licenced as a bank, they piggyback off this company
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So what it doesn't make them a scam.

[scutty brown]

So what it doesn't make them a scam.

It makes them a make-believe bank operating in the UK using an Irish banking licence that belongs to another company, and is Russian founded, funded, and directed. They won't see any of my money.

[stampjones]

I use revolut and find it great for punting. Mostly seeking related stuff in my case but it cuts down on the risk of being scammed etc. The disposable virtual cards are card per transaction and dont even require your name. Lots of companys piggy back off others to provide actual service (eg mobile phones) so I dont think thats an issue. I only ever transfer money in there when Im going to use it.

[petermisc]

I use revolut and find it great for punting.

I may be being thick here, but why do you need to use a bank card for punting?  I have never needed to do so.  And I would never pay a deposit. 

[stampjones]

I may be being thick here, but why do you need to use a bank card for punting?  I have never needed to do so.  And I would never pay a deposit.

i think I answered that in the post above

[tynetunnel]

i think I answered that in the post above

Yep, you did SJ 

[lamboman]

It makes them a make-believe bank operating in the UK using an Irish banking licence that belongs to another company, and is Russian founded, funded, and directed. They won't see any of my money.

Ok grandad.

[daviemac]

Ok grandad.

You are coming across as having, shall we say, an unusual attitude.

[petermisc]

i think I answered that in the post above

If you did, I can't see it.  The only thing I can see that might possibly explain why you need to use a card is

Mostly seeking related stuff in my case but it cuts down on the risk of being scammed etc.

but that doesn't explain why using a card cuts down on the risk of being scammed, compared to using cash.

[stampjones]

If you did, I can't see it.  The only thing I can see that might possibly explain why you need to use a card isbut that doesn't explain why using a card cuts down on the risk of being scammed, compared to using cash.

Sometimes you cant use cash eg for seeking arrangements subscription or, I guess, adultwork tokens. Revolut allows you to pay online without giving your name. It has a concept of disposable virtual debit cards where the card number exists for a single transaction so no-one can steal it and reuse it.

[Mr_Shins]

It is generally assumed pimp = male, not always the case and women are just as capable or used to front an operation, recruit and maid.

Quite frequently they are former sex workers.