Sort by Author Post time Ascending Descending. View Original Size. Rotate image Save Cancel. Breaking news: See More. Deal Alerts. Search this thread. Kijiji : high valued object for sale, what is a safe way to do this?
She posted it on kijiji. What is a safe way to do such a big transaction? Should she request hand to hand cash and that's it or go an extra step and do something else? Cash is always good. Funds to your bank account via etransfer is also safe if you're not comfortable with that much cash.
Do this transaction at a police station. If you both bank at the same bank, maybe meet at a branch and have funds moved over to each other's accounts. I've done this at a TD. Can withdraw more cash from teller. It's just the ATM that has a limit. If I was the buyer, I would want to try the machine to see how well it works. Perhaps selling through ebay would be a better option.
At that price point, you're into "car money" territory. What payment methods would you accept for a car? I would ask for a cashier's cheque cost only a few bucks for the buyer or cash. Cash is the only way for me. I would want to try the machine to see how well it works Too high a risk of counterfeits and I don't handle them often enough to tell the difference.
Thus, so many retail businesses no longer accept them, even though they are legal tender. Biggest risk is that payment is revoked or is counterfeit, so once buyer checks it and agrees, both buyer and seller drive to nearest location of buyer's bank, seller gets a bank draft from buyer, buyer gets the item, then seller deposits bank draft.
