Help! Usually how is payment made between buyers and sellers for watches? safest way?

[Ivanovic]

Hi! As the title suggests, how is payment usually done? What's the safest way to do so?
Will appreciate useful replies

[Ivanovic]

Help! Usually how is payment made between buyers and sellers for watches? safest way?

like the title suggests, how is payment usually made? what's the safest method often adopted by sellers?

[cokiee]

i think that depends on where you're buying from and whether or not you are meeting him or her?

If it's online, then there's no choice, i think. You got to take a leap of faith and pay first.

If f2f, then you two can work out how you want payment to be done? I'm not quite sure if there's a 'usually' in this case...

[seiko.citizen]

my experiences has been cash only. and only when you have cash present on you. i dont want to hear people saying "oh, i need to go to bank branch, or ATM"

be sensible with cash, bring the right denomination, so on a $9k watch, maybe bring 8x $1k notes, and if you want to bargain abit can bring 10x $100 as "change".

i had one clown in perth, try to buy my watch using $20 bills...

[cokiee]

and also if you're dealing in usd the largest denomination is 100 hehe.

[KuchingKu]

F2f is always cash unless I know buyer well. Prefer big notes.

I once had to count $50 notes of $13k at a void deck and also in the car in Little India. That's the scariest experience I have ever had.

[3kingdom]

F2f is always cash unless I know buyer well. Prefer big notes.

I once had to count $50 notes of $13k at a void deck and also in the car in Little India. That's the scariest experience I have ever had.

Maybe you want to invest in notes counter already

[Seventh Son]

I always buy and sell in cash only. There was once I had my bermudas pocket stuffed with 16k in $50 notes. I wasn't worried about getting robbed as I was shabbily dressed. People may just think that I have big b@lls.

[seiko.citizen]

what i dont get is why dont people order big notes? sgd has the 10k note. plus notes in sg banks arent hard to order.

unlike in perth, where the bank is only allowed to give a maximum of $1k in $100 bills, unless ordered 3 days prior. (Quoted by ANZ)

[triton]

some people prefer not to use cashier order for one reason or another not because of the fee for cashier's order

if price is already confirmed and fixed, and amount is fairly big to use cash, just use cashiers order, only $5.

safest.

[Seventh Son]

what i dont get is why dont people order big notes? sgd has the 10k note. plus notes in sg banks arent hard to order.

unlike in perth, where the bank is only allowed to give a maximum of $1k in $100 bills, unless ordered 3 days prior. (Quoted by ANZ)

I went to UOB and Stand Chart to withdraw some money last month. I asked for 10k notes and none had them. When I probed further, they informed me that must order in advance if I need the big notes in future.

[Seventh Son]

if price is already confirmed and fixed, and amount is fairly big to use cash, just use cashiers order, only $5.

safest.

Sad thing is that a cashiers order can be faked. There's no way to authenticate a c/o if we deal after banking hrs.

[seiko.citizen]

I went to UOB and Stand Chart to withdraw some money last month. I asked for 10k notes and none had them. When I probed further, they informed me that must order in advance if I need the big notes in future.

interesting, ive never had problems with obtaining 10k notes on the day without notice. maybe just luck that they had them that day.

[yeshe]

Hi! As the title suggests, how is payment usually done? What's the safest way to do so?
Will appreciate useful replies

cash or cashier's order

[Vinsyeo]

Usually cash and carry!