Reply to "Anyone familiar with sale to overseas buyer?"

joules"Racing is Life, anything before or after is just waiting" - Steve McQueen

Wire transfer is the only way to go.

Make sure the buyer wires funds already converted to US$, so that you are not subject to fluctuating exchange rate on the day.

Depending on the bank he and you use there may be a third transferring bank involved, they will take fees and so may your bank. So even though the buyer sends the full amount it may end up anything up to $50 less in you account.

Basically he has to trust you and send funds prior to any release or shipping of the item. For large sums i.e. if your selling your Pantera there are Escrow services that can be used where you place title and the buyer places funds with a third party, much like during a home purchase.

Good luck,
Julian

4/23/078:04 AM

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