E90Post
 


 
BMW 3-Series (E90 E92) Forum > BMW E90/E92/E93 3-series General Forums > New & Preowned BMW Ordering / Pricing / Tracking Information Forum (including European Delivery) > Quick question on Credit Union checks



Reply
 
Thread Tools Search this Thread
      03-24-2007, 03:31 PM   #1
BMW F22
Major General
BMW F22's Avatar
United_States
3566
Rep
9,788
Posts

Drives: ///M235i
Join Date: Nov 2005
Location: Bay Area

iTrader: (8)

Quick question on Credit Union checks

A guy came buy a few days ago and looked at the car I listed for sale. He's coming by today with a check from his CU. I was wondering what I should do to protect myself.

So far I thought of calling the CU and verify it or go cash it at my bank right away. Any thought? Thanks in advance
Appreciate 0
      03-24-2007, 03:35 PM   #2
BK
Smiling politely
United_States
165
Rep
7,931
Posts

Drives: 330i
Join Date: Feb 2006
Location: Washington DC

iTrader: (0)

Garage List
2006 330i  [9.00]
I would think you could call his CU to verify. Mostly I'm responding to subscribe to this thread, because I wonder, too.
__________________
E90 330i Black Sapphire 6MT | 991.1 C4 Platinum Silver 7MT
Appreciate 0
      03-24-2007, 03:47 PM   #3
normtrum
Colonel
normtrum's Avatar
52
Rep
2,225
Posts

Drives: e90 335i, e46 330i
Join Date: Feb 2007
Location: PNW

iTrader: (1)

If it's a "bank check" similar to what any standard bank would issue it would be fine. If it's a personal check, I wouldn't take it.

A "bank check" would have the amount in print, instead of being hand written.
Appreciate 0
      03-24-2007, 04:01 PM   #4
musc
******
musc's Avatar
United_States
184
Rep
1,702
Posts

Drives: Audi TTRS, 335is
Join Date: Dec 2006
Location: SC

iTrader: (9)

Garage List
2011 BMW 335is  [10.00]
Bank checks and cashiers checks are 'cash equivalent', so it should be OK. I would still ask the guy to wait till Monday so that your bank can verify it. If he wants to car today, he will wait until Monday.

Just got the check and handed over the title to my M3 yesterday
Appreciate 0
      03-24-2007, 04:03 PM   #5
teknochild
Your resident 4um troll
teknochild's Avatar
123
Rep
2,020
Posts

Drives: 335 coupe
Join Date: Dec 2006
Location: fl

iTrader: (0)

yea thats pretty risky taking a personal check
__________________
RAWRrrrr
Appreciate 0
      03-24-2007, 04:20 PM   #6
Prodigy
Private First Class
4
Rep
168
Posts

Drives: 335i, Alpine White
Join Date: Feb 2007
Location: Toronto

iTrader: (1)

Make sure it's a certified bank cheque or bank draft, stamped, signed and amount printed by the bank. I would also go as far as bringing it into the same bank that issued it to verify it or having your bank call it in to verify it once you deposit.
__________________
Appreciate 0
      03-24-2007, 04:27 PM   #7
LEDZEP
Lieutenant General
LEDZEP's Avatar
418
Rep
12,276
Posts

Drives: 2009 E70 & 2011 F25
Join Date: Jun 2005
Location: Area 51

iTrader: (0)

Garage List
Certified bank check only. Don't take a personal check.
__________________


I think it is bad luck to be superstitious
Appreciate 0
Reply

Bookmarks


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 06:00 AM.




e90post
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST