I may need to be corrected here !
A wired transfer of funds (money) from his bank to your bank. The funds are available then .
If its a cashiers check there is a waiting period of so many business days before funds are available to you.?
I learned the hard way years ago, I sold a truck to a friend, he wrote me a personal check, I knew he was good for it so no worries.
I assumed I could just simply put the check in my account , take out a portion of it and go buy a pristine 1972 El Camino I had sold my truck to buy !
Nope bank sat on the check to clear for ? business days.. I lost out on the El Camino and my friend was driving his new to him truck.
And I was on foot !
