I have used wire transfer in receiving payment for an eBay car. I believe it to be the safest long distance method.
There are many fraudulent bank/cashier's checks around.
Just to be on the safe side, I receive funds into an account that has very little money in it, like a couple of hundred dollars.
I have been dealing with HSBC (formerly Marine Midland) for 45 years. They charged me $20 for wire transfer receipt of money into my account and their bank. This seemed ridiculous to me. I checked with the HVF Credit Union that I also use. They told me that there will be no charge for wire transfer. Guess who now gets my wired in money.
Gary L.
Wappinger, NY
SDC member since 1968
Studebaker enthusiast much longer
There are many fraudulent bank/cashier's checks around.
Just to be on the safe side, I receive funds into an account that has very little money in it, like a couple of hundred dollars.
I have been dealing with HSBC (formerly Marine Midland) for 45 years. They charged me $20 for wire transfer receipt of money into my account and their bank. This seemed ridiculous to me. I checked with the HVF Credit Union that I also use. They told me that there will be no charge for wire transfer. Guess who now gets my wired in money.
Gary L.
Wappinger, NY
SDC member since 1968
Studebaker enthusiast much longer
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