TRF Protocol When Doing a Face-to-Face Purchase

[mhj202]

Was wondering what the standard protocol is for making a face-to-face purchase from a seller (let's assume Trusted Seller) on the board.

Is it acceptable to pay by certified bank check from a nationally-recognized bank (Citibank, for example) or is it cash only? Not sure I want to carry $10k or more in cash.

Any thoughts/advice is greatly appreciated.

Thanks in advance.

[SWISSAHOLICS]

Depends on the seller.....some prefer cash....some don't mind certified checks....it's all about comfort level. You can also meet at your local bank to complete the transaction.

[crew]

Originally Posted by SWISSAHOLICS

Depends on the seller.....some prefer cash....some don't mind certified checks....it's all about comfort level. You can also meet at your local bank to complete the transaction.

That's your answer. The terms are up to you and the buyer to decide.
I think meeting at a bank and cashing/depositing the proceeds right there is the way to go for both parties.

[Wesley Crusher]

Don't forget about the secret handshake.

If you're uncomfortable, a bank is always a safe place to meet.

[mjclark32]

I wouldn't have any problem doing cash with a trusted seller. I wouldn't do it in a dark alley at midnight for example, but during the day at a bank/AD/office.
Odds are the trusted seller has had multiple face to face deals, ask them what they think is best and come to make a decision together.

[ltmgeller]

I've done them with unknown sellers and I always meet in a public place like a mall or a restaurant and arrive early to check out the place.

[doubleinfive]

I bought a "Harley" OP from a trusted seller earlier this year and I brought cash...he said he preferred a check...something to do with accounting purposes for his business...paper trail I guess...

[coralfarmer84]

Just don't do it at an AD. I find this to be poor taste at best. They don't want deals going on that don't include them making money. Use common sense and you'll be good to go. I think meeting at your bank is best, they bring the watch you check it out in a counting room. If all is well the teller withdraws the money and hands it over. Quick and painless, no chance to get robbed.

[Pix]

We have had some craiglist transactions in our area done at the police station, the seller asked and the cops agreed was all good.

[perpetualman88]

If I am meeting someone for the first time and doing a face to face I do it at a bank and require they bring a photo ID to give to me while looking at any watch. I require cash only for in person transactions.

[anothernewphone]

I don't think paying by check is acceptable for a first-time transaction. It all depends on the seller, but I would not accept a check. I've only accepted bank wire when selling, but I've traded with people I've dealt with before and had no problem skipping the fees and just dealing with personal checks.