Re: except cash for a car or trust a check
I have arranged with my bank, a personal escrow account, separate from my other accounts, and only good for one event. That way, you aren’t giving out tracking and routing info to your personal accounts.
Once the transfer is acknowledged by my bank, I can complete the transaction on my end. I transfer the funds out of the escrow account the next day.
Wire transfer is the safest way to transact a large purchase when buyer (or seller) is unknown. If your customer isn’t willing to wait until Monday to complete the transaction, walk away.
With all the bogus checks, Postal Money Orders, counterfeit cash floating around out there, you can’t be too safe.
We all know how honest and trustworthy everyone we meet at a swap meet can be.
Just a suggestion.
Ken
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