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 Money Transfer
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How do you transfer money to the seller?
In order for the sale to be concluded you must be able to transfer money to the seller. This can be done in a number of ways:
you can pay in cash in person on the day of the sale
You could arrange for a direct international transfer from your bank account to the personal bank account of the seller
Money could be transferred from you to us, as agents, and we will arrange for the money to be transferred to the seller at completion of the sale
A letter of Credit could be obtained from an international bank. This is a guarantee from the bank that it will pay a specified sum from your bank account to a specified seller.
We generally recommend the fourth option, as it gives certainty and peace of mind. The transfer is guaranteed by the bank and is generally very quick.
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