Quote:
Originally Posted by Car-Addicted
That will work if you are in a situation where the bank is local but lots of cars are sold and shipped these days. Wire transfers are easy and not expensive. I would insist on a wire transfer and confirm that the funds have cleared.
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True, for a distant transaction a wire is absolutely the best option.
But this was a local, in-person transaction. A check from some tiny, distant bank should be its own red flag.
For in-person transactions via cashier's check, IMO the best course of action is to go to the issuing bank, "cash" the check, and get a new check drawn on the bank issued to you. Pay the $5 or whatever fee for the check. Your transaction with the seller ends at the teller window, and you now only have one with the bank, which offers far better protections.