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We googled the company name (it's a franchise store) and it's linked to by a lot of legitimate sites so we doubt it's like a Nigerian scam.
What precautions should we take? Are they able to withdraw funds when we give them our bank account numbers? Or are wire transfers set up to be one-way transactions?
The one precaution we do take is to use a bank account setup specifically for incoming wire transfer payments. We then transfer the funds out of this account as soon as they are received.