Forum Discussion
- twodownzeroExplorerCash only. Green cash. Not some magic check.
- jkwilsonExplorer IIGo to the buyer’s bank. That is where the money is coming from and they won’t transfer it unless it is really there. I’ve opened an account just so I could be certain the money was clear.
Any check can be part of a scam. Once the bank hands it over, all bets are off. - 2oldmanExplorer IIWire. No hassling with trips to the bank.
- rhagfoExplorer IIIBank to Bank wire transfer.
We sold a car, went to our local Credit Union, it was a shared baking location. His informant ion, and ours given to banker. The agreed amount was transferred from his account to ours. Then the Title was handed over.
I would NEVER want to exchange $50,000 in CASH EVER!! - LwiddisExplorer II“Wouldn't it be more certain if we went to the purchaser's bank? Don't these things take time to clear? ”
YOUR bank where you are the customer. - PartyOf_FiveExplorerWe took a cashier's check to the sellers bank, they verified and then we received the title. I like the idea of doing The transfer at the buyers bank, watching the check get cut. I also like the idea of opening an account to deposit the funds there right away.
- CFergusonExplorerI have always gone to the buyers bank and accepted a certified check directly from the bank. I would have no problem accepting cash, but it would have to happen at my bank so I could deposit it immediately (and the bank would make sure the cash wasn't counterfeit). I also always offer to go with the buyer to register his purchase at the county courthouse if he would like.
So, short answer, at a bank. - starcraft69ExplorerBank to Bank wire transfer is the safest way
- joshuajimExplorer IIEven if done at the buyers bank, a cashiers check is suspect. Buyer goes to teller and gets a $100 cashiers check. Palms it and then comes to you and hands you a phony check for $50K. Wire transfer ONLY!
- midnightsadieExplorer IIit is true theres a bunch of scammers out there , but we the people are perinoid over it, #1 way is wire transfer #2 meet at his bank. #3 a handle full of cash.
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