managers check as payment of your car

**Jie11** · July 21st, 2011 07:33 PM

managers check! is it safe to receive for the payment of your car? or else, how's the best pay off especially with a more or less a million pesos as payment of your car.

**digitalron** · July 21st, 2011 07:44 PM

Manager's Cheques are guaranteed by the bank so in terms of having funds behind it, it has. Just be sure it is an authentic cheque, which you can verify anyway by calling the bank and providing the numbers.

Even safer is meeting the buyer in your bank and having the money deposited straight to your account (this is what I did when I sold my car).

**boybi** · July 21st, 2011 08:04 PM

It's still best to do your transactions in the bank.

**tidus1203** · July 21st, 2011 08:07 PM

Yep doing it with the bank is the best way. The seller deposits the check to the bank then away he goes with your car. Ikaw commute na lang hahaha!

**shadow** · July 21st, 2011 08:46 PM

huwag ng pa MC-MC pa. anong bank ng buyer? mag open ka sa same bank niya ng account then pa transfer mo na lang yun pera,. tapos usapan. sa bank na kayo magusap.

**Jie11** · July 21st, 2011 08:52 PM

Gee, thank you guys for the fast replies! salamat po digitalron, boybi, tidus and shadow.

**meledson** · July 22nd, 2011 11:11 AM

Gumamit ako ng manager's check to pay the bulk of the pruchase price ng avanza ko. After I got the check at nasa bank pa ako, I called my agent sa toyota. Pina fax nila ang check sa toyota then they called the back from which the check came to verify it. The next day saturday, punta na ako sa toyota to pay for the car.

nag dagdag pa ako ng cash kasi pinapalitan ko ang ikakabit na tints to 3M.

**shadow** · July 22nd, 2011 11:15 AM

good as cash naman talaga MC eh, debited na sa account ng depositor yun amount sa check sa application pa lang.

**crazy_boy** · July 22nd, 2011 11:23 AM

Originally Posted by shadow

good as cash naman talaga MC eh, debited na sa account ng depositor yun amount sa check sa application pa lang.

when i bought a second hand car, i paid via MC din. binigay ko lang branch name and telephone number doon sa seller para verify niya. tapos next day, pick up the car and gave him the MC na.

**crazy_boy** · July 22nd, 2011 11:23 AM

Originally Posted by shadow

huwag ng pa MC-MC pa. anong bank ng buyer? mag open ka sa same bank niya ng account then pa transfer mo na lang yun pera,. tapos usapan. sa bank na kayo magusap.

maganda lang sa MC is that documented kung sino nagbayad and kung kaninong account talaga pumasok. hehe