Author Topic: Question about transactions (Read 168 times)

benson_murrensun · « **on:** May 19, 2011, 10:30:49 AM »

I have never sold an instrument when shipping was involved. I am now thinking about offering my MusicMan Sterling for sale here, but I would like to know how to handle the payment. Obviously I want the cash in my grubby little hands before I send the bass on its way. I don't do paypal or credit cards, so does anybody have suggestions for me?
Thanks in advance.
Ben

sonicus · « **Reply #1 on:** May 19, 2011, 10:43:36 AM »

HI Ben, if you do not do Paypal or credit cards then that leaves wire transfers or U.S. Postal Money Orders or personal checks, Paypal worked well in a transaction that I did in this forum from another member when I purchased an SF-2, but that is not one of your options as you have explained.

Wolf AKA Sonicus

benson_murrensun · « **Reply #2 on:** May 19, 2011, 11:03:50 AM »

Thanks, Wolf.
I guess wire transfers and Postal Money Orders are pretty much secure and guaranteed. Personal checks take some time to clear...
Maybe I'll give it a whirl.

seventhsunbass · « **Reply #3 on:** May 19, 2011, 11:52:04 AM »

I use United States Postal Service Money Orders when folks have no Paypal account. Those are the safest for both parties rather than generic brands. Just a thought.

hifiguy · « **Reply #4 on:** May 19, 2011, 11:55:26 AM »

Cashier's checks work well too. Certified by the bank and they can't bounce.

gtrguy · « **Reply #5 on:** May 19, 2011, 07:05:30 PM »

PayPal will ding you for the transfer of funds, check the rate.

Enzo · « **Reply #6 on:** May 21, 2011, 06:53:34 PM »

PayPal will ding you for the transfer of funds, check the rate.

Not always, if you use your bank account as a source the transfer is free. It's also free if you choose the option of the electronic check.
This is up until a few months ago when I used it last time, I don't know if anything changed recently.