domlee
New member
I am selling a sail boat privately and have been made an offer and was wondering what was the safest /best practice when requesting funds for the purchase. Normally I would have accepted a bankers draft on face value but with so many fraudulent drafts about am wary of doing this. The sum involved is circa 7k ad is simply a clear sale.
Would it be acceptable to request funds be cleared by my bank before release of vessel or would there be a method of checking the validity of a bankers draft/cheque before release? Or is there a better method?
Any advice would be appreciated.
Would it be acceptable to request funds be cleared by my bank before release of vessel or would there be a method of checking the validity of a bankers draft/cheque before release? Or is there a better method?
Any advice would be appreciated.