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Paper FA-10 still in use?

Discussion in 'Massachusetts Laws' started by ochmude, May 12, 2013.

  1. ochmude

    ochmude Marine Veteran

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    Are paper FA-10's still accepted for FTF transfers? I mean the actual carbon copy forms, not the .pdf printouts. I found a blank one while going through some old files.
     

  2. 11_fingers

    11_fingers

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    Yes, that's what I have been using
     
    1 person likes this.
  3. ochmude

    ochmude Marine Veteran

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    Cool, thanks.
     
  4. invaliduser

    invaliduser NES Member

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    How come some sellers prefer to use a paper form one rather than the electronic version though they have both available to them?
     
  5. ochmude

    ochmude Marine Veteran

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    I think it's mostly a matter of convenience, not needing to have an internet connection to make the sale/trade. Every FTF sale I've ever made has been from my trunk in a parking lot somewhere. In those situations it's a lot easier to deal with a hardcopy form. There's also a bit of distrust for the online system.
     
  6. Billsail

    Billsail NES Member

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    Check the form. It needs to have a serial number. I believe the older ones did not.
     
  7. ochmude

    ochmude Marine Veteran

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    Yup, it's serialized. It's from back when you could actually call CHSB and have them mail you some. The envelop is postmarked Feb 3rd, 2010.
     
  8. Len-2A Training

    Len-2A Training Instructor Instructor NES Life Member NES Member

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    All the older (real) forms have a serial number on them. I still use them.
     
  9. bostonasphalt2

    bostonasphalt2

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    Because I typically don't meet a person I don't know at my house or theirs and as such I rarely have Internet when doing a transfer.
     
  10. invaliduser

    invaliduser NES Member

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    Ah alright. I just know in the classifieds some times I've seen they must use paper fa10 and not electronic.
     
  11. mlaboss

    mlaboss NES Member

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    If you're making a FTF sale and you don't want to meet at home, and you just can't find one of the serialized FA10 forms, there is another option. You can print out a copy of the PDF, fill that out when you make the sale, then do the electronic one when you get home, filling in the info from the paper form. You only need the seller's PIN, so the buyer doesn't need to be present to fill out the electronic FA10. Once you're finished, you can print out two copies and mail one to the buyer for their records. I did this within the past week and it worked well.
     
  12. bfm

    bfm NES Member

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    ignore, I need to learn not to post beofre coffee.
     
    Last edited: May 13, 2013
  13. mlaboss

    mlaboss NES Member

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    In my post, which you quoted, I specifically pointed out that the seller does not need the buyer's PIN. The seller submits their own pin to the electronic FA10 system. No PIN sharing is required to do what I suggested.

    Technically, the electronic FA10 system has no protection against submitting fraudulent transfers into someone else's name, as long as you have their LTC number, last name, and date of birth, which is all the system asks for as far as buyer info.
     
  14. herdyman

    herdyman

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    Is there anything that prevents the same type of fraudulent transfers using the paper forms? Is that a reason to prefer the paper over the e-version?
     
  15. bfm

    bfm NES Member

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    My bad, was still getting caffinated, reading comprehansion is better now.
     
  16. namedpipes

    namedpipes NES Member

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    Their system is riddled with problems whether you send paper or submit electronically.

    Sent from my chimney using smoke signals.
     
  17. herdyman

    herdyman

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    I haven't done it personally, but if you're not a paper-only person there would appear to be one obvious solution to doing an eFA10 just about anywhere - use a laptop with a tethered cell phone. Save the PDF and print later. Has anyone tried this?
     
  18. JNewell

    JNewell NES Member

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    Of course, neither did the paper form! [eek]
     
  19. deezwho

    deezwho

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    I think you can also just use your smartphone/tablet which likely already has 3g/4g service.
     
  20. namedpipes

    namedpipes NES Member

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    I don't have either a smartphone OR a computer. I'm not allowed to use the public library because of the incident in the microfiche room.

    How am I supposed to file an eFA-10 without expensive hardware and broadband service contracts?
     
  21. deezwho

    deezwho

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    I just called the FRB with a similar question (told them my internet is down and I dont have a library card). They told me to go to the PD (who doesnt have them, ever) and tell someone there to call the FRB to order more. Im sure that's going to work.
     
  22. JNewell

    JNewell NES Member

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    Sounds like a suitability problem??? [laugh2] [smile]
     

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