Re: Can I take my U.S. boat to Canada to sell?
For $25k I would go this route:
There are a few Canadian banks that also have US offices such as RBC and TD.
I would find out where those Canadian banks have offices near the border crossing.
Buyer would have the $25k in his account with one of those banks. Maybe the one he currently uses. Then you and him could meet at the bank branch on the USA side to consummate the deal right inside the branch of his bank. The bank branch will probably have a notary in the building too to sign off on the bill of sale as a witness, etc.
Then you walk out of the bank with a bank draft from the bank. Not any instrument with the buyers name on it as the responsible party since you have simply converted the cash from the buyer into the bank draft. This way there should be no questions about funds availability as long as the funds are coming from an account within the bank.
This would also eliminate the sticky wicket complications of crossing the border with $25,000 in cash.
What is the buyers reason for wanting you to deliver to him??
I smell a skunk in the woodshed. Meet him on at the border on the U.S. side WITH CASHIERS CHECK or BANK NOTE. OR tell him no deal.
For $25k I would go this route:
There are a few Canadian banks that also have US offices such as RBC and TD.
I would find out where those Canadian banks have offices near the border crossing.
Buyer would have the $25k in his account with one of those banks. Maybe the one he currently uses. Then you and him could meet at the bank branch on the USA side to consummate the deal right inside the branch of his bank. The bank branch will probably have a notary in the building too to sign off on the bill of sale as a witness, etc.
Then you walk out of the bank with a bank draft from the bank. Not any instrument with the buyers name on it as the responsible party since you have simply converted the cash from the buyer into the bank draft. This way there should be no questions about funds availability as long as the funds are coming from an account within the bank.
This would also eliminate the sticky wicket complications of crossing the border with $25,000 in cash.
What is the buyers reason for wanting you to deliver to him??