\Why You Don't Pay Cash For Cars From Strangers

[427TJ]

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Billohio</div><div class="ubbcode-body">I asked my bank about wire transfers and they acted like the money could be with drawn back to the sending bank. They were not 100% sure. I thought i should get a separate account to have the deposit made then put in my account.
Anyone have any ideas? </div></div>

I set up a separate account, tell the buyer the account number and any other routing info and wait for the money to move. Once it's all there the car is free to go. As soon as the money's in my account I move it out of that account into another account. My bank has never heard of someone &quot;taking the money back&quot; after it's been wired.