Sellers, what payment method do you accept for F2F?

alam · Jan 25, 2016

If lots of Franklins are pulled from a brief case, make sure you have one of these handy...

😎

Andreas · Jan 25, 2016

even as a buyer i would prefer a cash transaction in a bank.
does anyone has any stories of F2F transactions gone wrong?

bb58 · Jan 25, 2016

alam
If lots of Franklins are pulled from a brief case, make sure you have one of these handy...

😎

It would be a real pain running through so many bills with one of those. Thankfully the bank checks for counterfeits before depositing 😉

alam · Jan 25, 2016

bb58
It would be a real pain running through so many bills with one of those. Thankfully the bank checks for counterfeits before depositing 😉

just in case you opted for the Exit 7A off I95 option 😜

Nobel Prize · Jan 25, 2016

U ulackfocus
Exactly what my wife had a laugh about.

I would laugh too if u was her. Specially now that it's in writing...

ulackfocus · Jan 25, 2016

alam
just in case you opted for the Exit 7A off I95 option 😜

Nobel Prize
I would laugh too if u was her. Specially now that it's in writing...

Hey, we're talkin' Joizey here! This is how things get done. I bet if you cordoned off the parking structure, there'd be half a dozen other transactions going on at the same time...... and not all for watches.

alam · Jan 25, 2016

U ulackfocus
Hey, we're talkin' Joizey here! This is how things get done. I bet if you cordoned off the parking structure, there'd be half a dozen other transactions going on at the same time...... and not all for watches.

Hey I fully understand! We are giving the OP the full array of options to his problem 😁

Nobel Prize · Jan 25, 2016

U ulackfocus
Hey, we're talkin' Joizey here! This is how things get done. I bet if you cordoned off the parking structure, there'd be half a dozen other transactions going on at the same time...... and not all for watches.

That's what her lawyer said.....And then she paused....And paused.... Then a twitch, and a small smile appeared..... And then it developed into maniacal laugh.

donkii · Jan 25, 2016

cristos71
Cash only.

Be careful as there are now dodgy fake bank apps for mobile phones around where it looks like an instant bank transfer has been made, but in fact it hasn't. An acquaintance of mine was selling an expensive watch and this was attempted with him, fortunately he has his head screwed on correctly so didn't fall for it. After instead insisting on a short walk to the bank to transfer the monies the " buyer " went to quickly get something from his car and was never seen or heard from again.

Cash isn't possible like it is in the US, here in Sweden.
Of course you should always log in and check the bank account before handing over the item, even though you pay thru Swish..
In Sweden cash deals rarely occur since banks no longer handle cash. You can't today walk in to a bank in Sweden and make a withdrawl over 1500usd without contacting the bank some days in advance so they can order money for you since they no longer handels cash in the banks. They must also know what the money will be used for, all to prevent moonlighting (skip taxes). But I'm aware that it's common in the US, cash is king 😉
However, I prefer to have it all digital, prevents robbery and makes life a little easier 😉
All in all, if you feel un secure or anything, do the deal at the bank or at a surveillance location 😀

Archer · Jan 25, 2016

Andreas
even as a buyer i would prefer a cash transaction in a bank.
does anyone has any stories of F2F transactions gone wrong?

A recent one in Toronto that certainly went wrong...

http://www.680news.com/2016/01/18/two-people-wanted-in-theft-of-19600-rolex-watch/

Pvt-Public · Jan 25, 2016

donkii
Cash isn't possible like it is in the US, here in Sweden.

Sweden doesn't use cash anymore? Boy, am I behind the times or what? 🤦

I have bought and sold several cars at my local police station.

Andreas · Jan 25, 2016

Archer
A recent one in Toronto that certainly went wrong...

http://www.680news.com/2016/01/18/two-people-wanted-in-theft-of-19600-rolex-watch/

😲 wow that sucks!!! i guess you have to "buy" the buyer as well.

donkii · Jan 25, 2016

Pvt-Public
Sweden doesn't use cash anymore? Boy, am I behind the times or what? 🤦

I have bought and sold several cars at my local police station.

We do, but not in the same extent as in the US 😀
I haven't used physical cash for over a year, or, I can't remember the last time.
My brother, has a small chip under his skin that he uses as his digital wallet. That chip also works as key to his home and for his work 😀
Kind a cool feature.

Speedmasterfan88 · Jan 25, 2016

donkii
We do, but not in the same extent as in the US 😀
I haven't used physical cash for over a year, or, I can't remember the last time.
My brother, has a small chip under his skin that he uses as his digital wallet. That chip also works as key to his home and for his work 😀
Kind a cool feature.

The no-cash every transaction is controlled by the Banks and this chip thingy is every paranoied conspiracy theorists worst nightmare 😲.

donkii · Jan 25, 2016

Speedmasterfan88
The no-cash every transaction is controlled by the Banks and this chip thingy is every paranoied conspiracy theorists worst nightmare 😲.

Let them live their nightmare then 😉

tyrantlizardrex · Jan 25, 2016

donkii
We do, but not in the same extent as in the US 😀

Same here in the UK - If I want to draw down more than £1000 from my bank, I have to give them 3 business days notice.

Nearly every transaction I make is on a credit card (airmiles whoop!) - with cash for the smaller independent shops... if anyone is tracking my spend, they probably think that I'm addicted to tea, biscuits, sushi, and eBay...

That said, I travel to both Germany, and Spain quite a lot for business... and in both of them, cash is still king.

Davidt · Jan 25, 2016

Last f2f I did we met at the sellers bank, spoke to the lady on the desk and said what we were doing, and she said they had a room free which we could use in private (this is far from the norm tho-usually it's a chair in the corner!).

Then either cash payment into the sellers account or instant transfer.

gatorcpa · Jan 25, 2016

donkii
Of course you should always log in and check the bank account before handing over the item, even though you pay thru Swish..
In Sweden cash deals rarely occur since banks no longer handle cash.

I just saw a story on that yesterday. Quite interesting. I admit that I don't think I would like it.

Yes, it's easier and probably physically safer. I read that robberies are way down, but electronic theft is way up.

donkii
My brother, has a small chip under his skin that he uses as his digital wallet. That chip also works as key to his home and for his work 😀

You folks must really have a lot of trust to have something like that implanted. Think about it. Your computer or cellphone can easily be hacked. So can the electronics in your car. And you are going to put something inside your body that can possibly be hacked?

I remember reading a science fiction story about a society that implanted a chip in the heart of every child born. You were given 18 years of life and instead of cash, all transactions were paid by adding or subtracting intervals of time. If your time account reached zero, the chip zapped you out of existence.

That may become a reality someday, based on this.
gatorcpa

STANDY · Jan 25, 2016

All my large FTF transactions are done at sea in my boat. 😜

( haven't had one yet as a G-Shock is the best I am getting out of Darwin Aus )

Huus · Jan 25, 2016

donkii
Cash isn't possible like it is in the US, here in Sweden.
Of course you should always log in and check the bank account before handing over the item, even though you pay thru Swish..
In Sweden cash deals rarely occur since banks no longer handle cash. You can't today walk in to a bank in Sweden and make a withdrawl over 1500usd without contacting the bank some days in advance so they can order money for you since they no longer handels cash in the banks. They must also know what the money will be used for, all to prevent moonlighting (skip taxes). But I'm aware that it's common in the US, cash is king 😉
However, I prefer to have it all digital, prevents robbery and makes life a little easier 😉
All in all, if you feel un secure or anything, do the deal at the bank or at a surveillance location 😀

Every transaction is being recorded, your Taxation Department will really love that. I can't imagine not getting away with a bit of tax avoidance. Beside recorded transaction there needs to be a cash in the hand economy as well, that's how I fund my watches (amongst other things). I think I better stop here.
Regards.