Post by: pinarelloman on December 21, 2014, 12:11:55 PM
I thought there were some issues with them being forged?
Post by: speewa158 on December 21, 2014, 12:22:51 PM
Post by: fishfinder on December 21, 2014, 12:27:39 PM
Post by: speewa158 on December 21, 2014, 12:31:02 PM
As the Nigerien Naira is running at1.ooNGN to .00555556USD you should be up to your ears in $$ or Naira as the case may be :cheers:
Post by: fishfinder on December 21, 2014, 12:39:17 PM
Some Nigerien Banks are on the edge of a river & the Bottom of the Harbor schemes are just that with big Rocks & rope .. Enjoy >:D :cheers:all I could read was blah blah blah blah - seriously what are you on ? :cheers:
As the Nigerien Naira is running at1.ooNGN to .00555556USD you should be up to your ears in $$ or Naira as the case may be :cheers:
Post by: achjimmy on December 21, 2014, 12:39:48 PM
Post by: firefox on December 21, 2014, 12:40:03 PM
I've had someone leave the premises and then ring the bank and cancel their cheque, and unless you have all their details your stuffed. So either cash, or as someone suggested, a trip down to the nearest bank and a physical deposit (or real-time transfer at their bank) all of which only cost about $20 bucks..
Post by: britts on December 21, 2014, 01:00:37 PM
Sent from my iPhone using Tapatalk
Post by: GeoffA on December 21, 2014, 01:04:48 PM
Just sold my cruiser, we did an Internet transfer whilst sitting at the table, he then emailed me the receipt which we printed and both signed,
Should be OK, especially if he logged on through his own internet account.
I've heard of people using the sellers computer to do the bank transfer, then claiming their account had been hacked.
Third hand info though......
Post by: D4D on December 21, 2014, 01:06:47 PM
Post by: callmejoe on December 21, 2014, 01:28:16 PM
I just brought a big brick on wheels.well that's what my fuel gauge is telling me.
After a quick haggle price agreed upon. Off to the bank got myself a bank cheque no problems. I gather I must just have that trust worthy persona.
Joe
Post by: jwb on December 21, 2014, 01:42:10 PM
1 x finance amount owing
1 x balance dollars.
I then went with him to his bank ( next door) & went with him to his teller.
Witnessed him paying the oustanding amount.
Then gave him the "Balance owing" cheque.
I felt very comfortable doing this!
cheers
Post by: dazzler on December 21, 2014, 01:43:20 PM
Post by: Bird on December 21, 2014, 01:44:47 PM
Post by: pinarelloman on December 21, 2014, 01:45:51 PM
Post by: HEM19X on December 21, 2014, 01:57:00 PM
Be especially prudent around holiday times when banks are closed as clearance times on cheques are extended.. By the time a cheque bounces around Xmas, it could be 2 weeks before you find out!!!
Post by: nab on December 21, 2014, 02:26:52 PM
When I bought my last 2 cars they were both by bank cheque, but I am an honest guy... hahaha
Post by: scarpsD40 on December 21, 2014, 03:06:14 PM
Some Nigerien Banks are on the edge of a river & the Bottom of the Harbor schemes are just that with big Rocks & rope .. Enjoy >:D :cheers:if only everyone used green currency like you and I speewa.....
As the Nigerien Naira is running at1.ooNGN to .00555556USD you should be up to your ears in $$ or Naira as the case may be :cheers:
We just lead a simple life!
Post by: Nay-DMAX on December 21, 2014, 04:13:30 PM
Post by: Bird on December 21, 2014, 04:39:06 PM
Post by: Black-Pig on December 21, 2014, 08:42:46 PM
As mentioned above bank cheques can be cancelled after being handed over the only thing you know about them opposed to a personal cheque is that they have to be drawn on cleared funds. Even an internet banking transfer can be cancelled but there is a time limit on that and you can wait 24 to 48 hours for the funds to go from their account to yours.I think you got this the wrong way around... Personal cheque can be cancelled by ringing and quoting check number. Bank cheque they take the money out of your account there and then and is like walking around with a wad of cash, and they charge you $10 or $15 dollars to do it... I have used bank cheques and had no problem. I have also wandered into a few bank branches and asked for fair amounts and never been knocked back due to not enough cash in stock.
Post by: Bird on December 21, 2014, 08:55:01 PM
Quote from: Black-Pig
I think you got this the wrong way around... Personal cheque can be cancelled by ringing and quoting check number. Bank cheque they take the money out of your account there and then and is like walking around with a wad of cash, and they charge you $10 or $15 dollars to do it...bank chq's can be cancelled the same as anything.. what happens if you lose it? stiff Shit? your out cash, or you ring bank and cancel it?
Post by: Black-Pig on December 21, 2014, 09:18:36 PM
Post by: Nay-DMAX on December 22, 2014, 02:44:58 PM
I think you got this the wrong way around... Personal cheque can be cancelled by ringing and quoting check number. Bank cheque they take the money out of your account there and then and is like walking around with a wad of cash, and they charge you $10 or $15 dollars to do it... I have used bank cheques and had no problem. I have also wandered into a few bank branches and asked for fair amounts and never been knocked back due to not enough cash in stock.
They can cancel a bank cheque as well and a lot of branches will have limits on the amount you can take out in cash unless you give them notice and the amount of notice can depend on how often they get money in.
Post by: pinarelloman on December 22, 2014, 03:21:24 PM
He & I go into the bank. The teller confirms to me he has said amount in his account. He withdraws a bank cheque while I watch.
He takes the car, but I keep the rego papers and a copy of his license until the funds clear in my account. About $15.00
You can also have a telegraphic transfer that clears within a couple of hours. This costs $35.00
Post by: callmejoe on December 22, 2014, 03:31:35 PM
OK, I spoke to NAB who he banks with.
He & I go into the bank. The teller confirms to me he has said amount in his account. He withdraws a bank cheque while I watch.
He takes the car, but I keep the rego papers and a copy of his license until the funds clear in my account. About $15.00
You can also have a telegraphic transfer that clears within a couple of hours. This costs $35.00
Why go to a bank with them get a cheque made.?
If yr there do a tranfere payment straight to your bank account. Done and dusted. Pointless checking with him to see if he can get the bank check. If he doesnt have it in his account wont get the cheque in the 1st place.
Post by: Swannie on December 22, 2014, 03:46:33 PM
Swannie
Post by: pinarelloman on December 22, 2014, 03:58:29 PM
Post by: Jeepers Creepers on December 22, 2014, 04:07:59 PM
Post by: gronk on December 22, 2014, 04:51:55 PM
I sold my 4wd to a couple who travelled from Victoria to the central coast of NSW by plane and train.....and they paid with a bank cheque !!
I rang the bank and they said it was as good as cash, but really, if they had cancelled the cheque and done a runner, I'm sure the police wouldn't take long to track them down ??
BUT, if they had brought cash, and it was counterfeit ...where would I stand then ??
OR, if I insisted on a bank transfer, how do they travel all the way from Vic, inspect the 4wd, transfer money then wait until it clears, then get back to Vic before work on Mon morning ??
Post by: Nay-DMAX on December 22, 2014, 05:43:24 PM
I think some people get paranoid about things..
I sold my 4wd to a couple who travelled from Victoria to the central coast of NSW by plane and train.....and they paid with a bank cheque !!
I rang the bank and they said it was as good as cash, but really, if they had cancelled the cheque and done a runner, I'm sure the police wouldn't take long to track them down ??
BUT, if they had brought cash, and it was counterfeit ...where would I stand then ??
OR, if I insisted on a bank transfer, how do they travel all the way from Vic, inspect the 4wd, transfer money then wait until it clears, then get back to Vic before work on Mon morning ??
I agree but I think a lot of untrustworthy people and so many thefts of people's things makes us paranoid. It is a hard situation
Post by: achjimmy on December 22, 2014, 05:57:35 PM
I think some people get paranoid about things..
I sold my 4wd to a couple who travelled from Victoria to the central coast of NSW by plane and train.....and they paid with a bank cheque !!
I rang the bank and they said it was as good as cash, but really, if they had cancelled the cheque and done a runner, I'm sure the police wouldn't take long to track them down ??
BUT, if they had brought cash, and it was counterfeit ...where would I stand then ??
OR, if I insisted on a bank transfer, how do they travel all the way from Vic, inspect the 4wd, transfer money then wait until it clears, then get back to Vic before work on Mon morning ??
Counterfeit cash would get the most action, involves the Feds as well. They go bananas over counterfiet.
Post by: gronk on December 22, 2014, 07:02:48 PM
Counterfeit cash would get the most action, involves the Feds as well. They go bananas over counterfiet.
Going by their normal reaction to petty crime, I'd say you'd be better off saying you were held at gun point and forced to hand over your 4wd !!
Post by: Mongoose on December 22, 2014, 07:51:44 PM
Bank cheques are NOT guaranteed clear funds. They can be stopped, for example when they are lost. The purchaser would be required to sign a Stat Dec to that effect. A "responsible" Bank would not allow a Bank Cheque to be stopped on the grounds of faulty goods...it is not the Bank's place to get involved in such a dispute.
Bank Cheques can also be stolen. I recall a case ~20 years ago where a disgruntled ANZ employee lifted a book of 200 from a soon-to-be closed Branch. The whole book ended up in the hands of an organised crime gang who had a passion for motorbikes. There were many unhappy vendors of Harleys and Ducatis on the East Coast of the Country over the next few years. One guy in Devonport advertised his 916 in The Age on a Friday, took a call from an interested buyer that day. Buyer flew from Melbourne on the Saturday, handed over a Bank cheque for ~$25K and took possession of the Duke. He was on the Spirit back to Melbourne That night, and the Bank cheque didn't get presented until the Monday. Red faces all around on Tuesday when the local Detectives came calling...
Putting yourself in the branch of the Bank that issues the cheque with the purchaser should eliminate the chance of fraud.
It won't be long before the general population have access to RTGS (Real Time Gross Settlements) which enable instant transfer of clear funds between Banks. For a fee, of course...after all, we Bankers need to eat ;D
Cheers,
Rohan.
Post by: macca on December 22, 2014, 08:06:57 PM
How are you Rohan?
Post by: Nay-DMAX on December 22, 2014, 08:48:17 PM
Yeah but it doesn't have to be lobster every nite.
How are you Rohan?
Haha those on the counter aren't eating lobster every night. I cannot speak for Rohan I don't know what he does.
Post by: macca on December 22, 2014, 10:17:07 PM
Post by: pinarelloman on December 23, 2014, 12:05:24 AM
Post by: theins on December 23, 2014, 06:32:07 AM
Bank cheques can be cancelled.
Another alternative is to meet at his bank branch and ask him to make a cash deposit into your account. Avoids the actual counting of cash and can be done in real time. Once the money has been paid into your account you can get a copy of the receipt which will have the stamp from the bank on it. At that point the money can't be called back.
Cheers.
Post by: UIZ733 on December 23, 2014, 07:49:40 AM
http://forums.whirlpool.net.au/archive/1957666 (http://forums.whirlpool.net.au/archive/1957666)
Post by: Mongoose on December 23, 2014, 05:40:21 PM
Yeah but it doesn't have to be lobster every nite.
How are you Rohan?
Good thanks Mate. Thriving on tinned dog food. :cheers:
Post by: pinarelloman on December 24, 2014, 01:39:54 PM
We both went into his bank NAB.
Told them the amount to be transferred, paid $35 & they did an electronic transfer from his bank to my ANZ account. The bank took a copy of his drivers license & he completed a form.
All done, money will be in my account today sometime.
Post by: pinarelloman on December 24, 2014, 01:42:48 PM
Post by: D4D on December 24, 2014, 02:27:37 PM
Post by: Mongoose on December 24, 2014, 04:41:22 PM
Excellent, glad it worked out. Now what did you sell?
A stolen WRX! ;D
Post by: Snapman007 on December 24, 2014, 08:47:51 PM
it is now 245pm.
Bloody hell that's late, I'm usually in bed by 10! ;D
Post by: pinarelloman on December 25, 2014, 01:08:18 AM
Post by: Jasman on December 25, 2014, 08:15:51 AM
Post by: GeoffA on December 25, 2014, 11:00:48 AM
Cash is king but if you choose any other option then your smart phone is your friend, take a nice clear mug shot of the buyer and take a photo of their car that includes the number plate.....
....and get a pic of their license too....