I have a car for sale and a guy from Germany has expressed interest in buying it. I've sold a few cars to remote customers here in the US; they would wire the funds to my account, then I'd mail them the docs and they'd send a shipper - never had a problem.
I asked this guy how he would like to proceed; he said he has a shipper lined up who would pick up the car and schlep it to Oakland, from where it would travel to Germany. However, in regards to payment, I'll paste the direct quote so as to not lose any nuance:
Quote:
Ihave talked to my bank. They said, a Transaction with Minimum risk is to make it with an Akkreditiv.
Therefore a contract with all Facts and Dates has to be signed and send from me to You by e-mail.
You have to fill in Your and the cars Dates, sign it and send it by e-mail back to me.
The way with the Akkreditiv is, that my bank made sure to do the payment exactly at the Moment when the car and the papers were
given to the shipping Company.
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Thoughts? I've nevr heard of "Akkreditiv" - I googled it, and found a bunch of results in German which didn't really help clear it up for me.