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<blockquote data-quote="option1978" data-source="post: 1064449742" data-attributes="member: 76404"><p>If it's between individual, i guess to be safe, would suggest that after going through the whole process, on the day where final transfer i.e. changing the name on the reg. card takes place, the buyer should be present with amount due (ask for bank draft / banker's cheque since it's not safe to carry so much cash around & personal cheque validity is questionable).</p><p></p><p>Between individual, a buyer would not agree to deposit huge or full amount to seller, probably only a small amount as deposit while the seller would worry about collecting the balance of payment after the ownership transfer. With that, i guess the best way out would be using bank draft / banker's cheque.</p><p></p><p>Would usually get runner to do the transfer as the hassle of going through JPJ process can be damn tiring & frustrating. Other than the waiting time, worst would be system down especially of late when their newly introduced computing system seems to be very unstable & keep going down resulting in a lot of back logs.</p></blockquote><p></p>
[QUOTE="option1978, post: 1064449742, member: 76404"] If it's between individual, i guess to be safe, would suggest that after going through the whole process, on the day where final transfer i.e. changing the name on the reg. card takes place, the buyer should be present with amount due (ask for bank draft / banker's cheque since it's not safe to carry so much cash around & personal cheque validity is questionable). Between individual, a buyer would not agree to deposit huge or full amount to seller, probably only a small amount as deposit while the seller would worry about collecting the balance of payment after the ownership transfer. With that, i guess the best way out would be using bank draft / banker's cheque. Would usually get runner to do the transfer as the hassle of going through JPJ process can be damn tiring & frustrating. Other than the waiting time, worst would be system down especially of late when their newly introduced computing system seems to be very unstable & keep going down resulting in a lot of back logs. [/QUOTE]
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