Selling an RV/payment
I will be selling my RV a few months later and need to understand how I can safely receive a payment. I want to sell to a private party. It's going to be selling for 40-45K. Receiving bank wire won'...
Forum Discussion
OP if you’re limiting yourself to no wires, no cash, and no cashiers check received, then I’m on the fence aboot who’s shady.
And some of you need to get a different bank. Now I’ve never pulled out more than like $35k in cash nor have I deposited more than that but the only issue with withdrawing that much cash is making sure they have it on hand. Over $10-15k and sometimes I’ve had to hit up multiple branches if on short notice.
And the whole questioning thing about large deposits? Yes seems the teller always has to get a mgr for that (large wd as well) and they generally seem to ask what it’s for (in a curios non assuming sort of way). Sometimes I’ll tell ‘em in generic terms sometimes I’ll tell ‘em it’s nunya.
As far as being skeptical aboot counterfeit money? Lol. If your spidey sense can pick up a shady buyer, you ought to know the smell and feel and security measures included in a Benjamin Franklin….
Sometimes I’ve had sellers say they’re ok with me bringing a cashiers check. But generally buy and sell with stacks of green. (The one lady who brought me $20k in a grocery bag, including 20s 10s 5s and I think some 1s! I insisted on counting it and gave her back over $1000….lol)
But based on your significantly limited acceptable forms of transaction, left them at their bank. Get the cashiers check from them, verify funds in their account that the check was written on (the bank will doo it with the account holders permission) and walk out with the check and go cash it at your bank….or theirs if they have the scratch on hand.
PS OP, if you think somehow depositing the $ into your account will somehow be construed as income (the only reservation I can think of) it won’t.
This is just a weird set of limitations that wouldn’t even require a question if but not for being wiggy about it.
And some of you need to get a different bank. Now I’ve never pulled out more than like $35k in cash nor have I deposited more than that but the only issue with withdrawing that much cash is making sure they have it on hand. Over $10-15k and sometimes I’ve had to hit up multiple branches if on short notice.
And the whole questioning thing about large deposits? Yes seems the teller always has to get a mgr for that (large wd as well) and they generally seem to ask what it’s for (in a curios non assuming sort of way). Sometimes I’ll tell ‘em in generic terms sometimes I’ll tell ‘em it’s nunya.
As far as being skeptical aboot counterfeit money? Lol. If your spidey sense can pick up a shady buyer, you ought to know the smell and feel and security measures included in a Benjamin Franklin….
Sometimes I’ve had sellers say they’re ok with me bringing a cashiers check. But generally buy and sell with stacks of green. (The one lady who brought me $20k in a grocery bag, including 20s 10s 5s and I think some 1s! I insisted on counting it and gave her back over $1000….lol)
But based on your significantly limited acceptable forms of transaction, left them at their bank. Get the cashiers check from them, verify funds in their account that the check was written on (the bank will doo it with the account holders permission) and walk out with the check and go cash it at your bank….or theirs if they have the scratch on hand.
PS OP, if you think somehow depositing the $ into your account will somehow be construed as income (the only reservation I can think of) it won’t.
This is just a weird set of limitations that wouldn’t even require a question if but not for being wiggy about it.
