Transaction Pin quesitons

[sheepysheep]

Hi guys, 

 

Just want to clear some doubts in my mind,

 

I recently sold my previous car to a buyer at the end of 2016 via a 3rd party. (basically carro, one of those new companies that facilitate the whole process between buyer and seller.) it went smoothly.

 

However, i provided a transaction pin when doing the sale and have a few questions as i'm just a little paranoid. Hope some of the sempais here can enlighten me.

 

- Is the transaction PIN specific to only 1 vehicle and 1 transaction?

- If unused, can the transfer pin created be used for a future asset that it was not intended for. (for example, is the a risk of the middle man moving any new assets under my acc?) i just want to be sure that this isn't possible.

- Since the transfer is already done for my sold vehicle since dec last year, can i assume that the transfer pin is already used and cannot be used for any transaction in future?

 

Thanks for any help or advise in advance.

[Nutty]

Yes u r rite

[Toothiewabbit]

The transaction PIN cannot be reused once the transaction that requires it has been successfully completed.

[Inspiring1804]

The T-pin come in a sealed envelope. Once open and used for that transaction it cannot be reused.

[sheepysheep]

Thanks alot guys. so basically. a pin has to be tied to a specific car when it';s created, and cannot be used any other or future cars/assets?

[Inspiring1804]

Copied from LTA website:

 

Question:

 

Can I reuse my Transaction PIN?

 

Answer:

 

No, the Transaction PIN cannot be reused once the transaction that requires its input has been successfully completed.

 

 

 

 

 

 

Thanks alot guys. so basically. a pin has to be tied to a specific car when it';s created, and cannot be used any other or future cars/assets?