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-   -   Selling A boat these days (https://www.offshoreonly.com/forums/general-boating-discussion/341441-selling-boat-these-days.html)

Ing 09-23-2016 12:13 PM

Don't sign over title until after the cash is counted and deposited. Bank to bank wires require the senders bank to verify the funds are real before they will send it so they are also safe. If the guys wants to send money from Zimbabwe National Bank or some other weird institution then leery. There are various internet scams involving checks, CL, eBay and PayPal but if this guy has cash take the money and run.

hotrodford 09-23-2016 12:44 PM

cash is still king , buy a money scanner , make friends with pawn shop or another bank , local biker gang / BTW American vs Canadian peso = 30 % premium at the moment , I sell diesel chips , exhausts, cold air , parts , hardwood floors staircases , contracting carpentry , excavating in ont Canada Do I accept American cash? hell yeah bring it on

hotrodford 09-23-2016 12:47 PM

FYI cash plus border may = fun

Griff 09-23-2016 01:11 PM

Gordon parted out a Fountain for guy with SSM 4's and they just sold on powerboat swap shop Gordon is legit and well respected on OSO.

His OSO screen name is smokin' gun

soinc 09-23-2016 01:18 PM


Originally Posted by Griff (Post 4484421)
Gordon parted out a Fountain for guy with SSM 4's and they just sold on powerboat swap shop Gordon is legit and well respected on OSO.

Griff
Perfect
I am glade you took the time to post.
Thank You!
dose Gordon have a ID?(edit thanks Griff)

I did my part about crossing with cash.... I hope it don't get interesting.

skate 09-23-2016 01:38 PM

My bank officer set up a savings account for me to receive wire transfers into. Once funds are recieved into this account I transfer them into my personal checking account. Money can only go into the savings account but not out. This way the buyer does not have yor checking account a bank routing info. I keep a minimum balance in the savings to keep it active. I have done this for years with no issues. I only take cash if I plan to use cash to purchase something else soon. Any funds deposited over 5k cash supposedly get reported. No checks of any kind.

Sydwayz 09-23-2016 03:26 PM

Meet at a local to you branch of HIS bank.
Have them pull the cash out of their safe, and hand it to you.

Drive with your AR over to your bank and deposit the cash in whatever increments you like.

Wasted Income 09-23-2016 04:07 PM


Originally Posted by Sydwayz (Post 4484457)
Meet at a local to you branch of HIS bank.
Have them pull the cash out of their safe, and hand it to you.

Drive with your AR over to your bank and deposit the cash in whatever increments you like.

I hate making big purchases....it's such a pain in the ass.


I tried to pull $20k cash out of my savings a few years ago to buy a tractor...the teller and bank manager about had a fit. "We don't have that much cash on hand.....it will take us until next week to get that much, etc".

Then the bank manager gave me the deal about traveling with that much cash. Listen *******, how about you just give me MY money, and let me and my pal Gaston worry about security. So frustrating.

F-2 Speedy 09-23-2016 04:44 PM

I took 58 thousand cash into my bank at the lake, they counted it banned it and told me the guy was 2k short, so he wrote me a personal check, they called his bank, verified the funds, and it was deposited in my account, I've also done many wire transfers, the car, boat,gun or what ever does not leave your possession until ALL the funds are verified and deposited.................good luck

SB 09-23-2016 04:51 PM


Originally Posted by Wasted Income (Post 4484467)
I hate making big purchases....it's such a pain in the ass.


I tried to pull $20k cash out of my savings a few years ago to buy a tractor...the teller and bank manager about had a fit. "We don't have that much cash on hand.....it will take us until next week to get that much, etc".

Been this way for a long time. My first memory of it was around 90/91/92.... to date myself.


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