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Old July 6th 06, 10:54 PM posted to rec.aviation.soaring
Dan'l
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Posts: 4
Default Selling glider US - Canada

John C wrote:
What is involved in selling a US experimental cert glider to a Canadian
buyer? Any advice including the best way to accept payment would be
appreciated...

Thanks!

John


I've had success sending money back and forth across the border by wire
transfer, from their account to yours (I'm Canadian military serving in
the US - in my case, transfer from my accounts here to my accounts
there). You will need to provide them your bank's "Swift" number,
bank, branch, and account numbers (final 3 are on every cheque; Bank
Swift Code:
"Your bank's Swift Code. The Swift Code is a world-wide numeric address
of your banking institution. This is essential only for international
wire transfers." I think they're 8 digit alphabetic, tho this may only
be in Canada).

They push the button, and the money is transferred. Painless, except
for the $40 charge (varies by bank). Works best from USD to USD
accounts.

With the post 9/11 world, large transfers may bring questions from the
feds, who are only doing their jobs.

It's obvious that sending your banking info over the internet is not a
smart thing to do; arrange it in person at the bank, and they'll handle
the whole thing. My money moved in under a hour.
Dan