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Selling Cat.

Going with buyer to his credit union at which time I sign over title (it's clear) and the credit union issues me a check for the full amount (buyer was pre-approved for loan). Any risk on my part?
 

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If you're going to be at the buyer's credit union anyway, why not ask them to wire the money directly to your account? Your bank can then confirm receipt of the wired funds either over the phone or from your bank app on your phone.

Be sure to have your account and bank routing numbers handy.
 

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I would be ok doing that unless his credit union is one branch out of the back of a gas station. I would also consider joining the credit union just for added peace of mind, but that might be a little too paranoid
 
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A Van Down by the River
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No issues.
 
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I would be fine taking a cashier's check that the bank wrote up in my presence. Or just wire it.
 
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As I recall there is a difference between a "Cashiers" check and a "Certified" check. Maybe that is causing the disagreement.
Yes, my bank won't issue a Cashier's Check over $5k, then it has to be a certified check. Not sure on the differences in safety of funds, I've never run across a bad one...
 

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Yes, my bank won't issue a Cashier's Check over $5k, then it has to be a certified check. Not sure on the differences in safety of funds, I've never run across a bad one...
Cashiers check is paid directly by the bank to you not from the customer funds. If it’s given to you by a tank teller it’s pretty legit.

Wells Fargo gave me a cashiers check that was WAY over 5k. I did a google search it says generally there is no max of a cashiers check it’s whatever the bank wants to do. It’s a check from the bank directly to you. I’m sure any main bank would have no problems issuing some massive cashiers checks if the customer has verified funds.
 

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Cashiers check is paid directly by the bank to you not from the customer funds. If it’s given to you by a tank teller it’s pretty legit.

Wells Fargo gave me a cashiers check that was WAY over 5k. I did a google search it says generally there is no max of a cashiers check it’s whatever the bank wants to do. It’s a check from the bank directly to you. I’m sure any main bank would have no problems issuing some massive cashiers checks if the customer has verified funds.
This is how my experience has always been. I've bought cars and sold cars with cashier's checks and never had any issues. I use to work for a local Credit Union when I was young and was always told a cashier's check is 100% safe.
 

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That cold be, I know when we got a certified check the specifically said we needed to wait x number of days before we could cancel or reprint it.
That is correct.
 

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This is how my experience has always been. I've bought cars and sold cars with cashier's checks and never had any issues. I use to work for a local Credit Union when I was young and was always told a cashier's check is 100% safe.
I've been ripped off years ago with a stolen cashier's check. 5k

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A cashiers check from the bank itself (as the payer) would be safe. A cashiers check from a private party can be cancelled by the private party prior to being deposited into an account. I have sold a lot of cars and will only accept a cashiers check if the buyer is patient enough to wait for me to send them the title once the check clears. They get the car and a bill of sale while we wait for the check to clear. Wire transfer is the safest option.
 
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