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Here's the answer. The first time I asked my bank about this, they did not give me this answer, but I spoke with another person today while I was there on business and they gave me the correct information.
The safest way to do a payment transaction is to wire the funds to your bank account. However, you are not to give out the routing number that is located on your checks. Each bank has an "INCOMING-ONLY" routing number that is different than what you would find on your checks. Use that instead. For example, Wells Fargo's incoming-only wiring routing number is 121000248. Here's a copy of the paper they gave me for reference today.
-Scott
_______________________________________
Saabnet.com Webmaster
Saabs Owned:
1973 Saab Sonett III (Current)
1983 Saab 900 Turbo
1985 Saab 900 Sedan
1990 Saab 900
1992 Saab 900S
1999 Saab 9-3 Turbo
2005 Saab 9-2X Aero (RIP 95K/Accident-guy ran stop sign)
2005 Saab 9-2X Aero (Current)
2007 Saab 9-3 SportCombi
2010 Saab 9-3X Wagon
Winner 1996 Saab Owners Convention Rally Novice Class
Winner 1999 Saab Owners Convention Rally (All Classes)
Also Founder of two non-profits:
Poverty2Prosperity.org
RunClubMenloPark.org
Posts in this Thread:
- Acceptable Payment Forms for Selling Saabs, Scott Paterson , Mon, 2 May 2016 16:48:01
- Re: Acceptable Payment Forms for Selling Saabs, EGD , Fri, 23 Oct 2020 12:35:02
- The Best Non-Cash Answer To Date: Wiring with Routing Number... More..., Scott Paterson , Thu, 22 Oct 2020 16:34:13 <-- Viewing This Message1
- Re: Acceptable Payment Forms for Selling Saabs, 900T , Fri, 29 Mar 2019 10:46:51
- Certified Check or certified check plus cash, Scott Paterson , Wed, 20 Mar 2019 18:37:53
- Escrow.com, Scott Paterson , Sat, 7 Apr 2018 10:38:48
- Bank Wire, Scott Paterson , Thu, 20 Apr 2017 15:05:44
- Escrow.com, Scott Paterson , Mon, 31 Oct 2016 15:32:39
- Re: Acceptable Payment Forms for Selling Saabs, Dean, Thu, 5 May 2016 08:05:17
- Certified check + call to bank, RodM, Wed, 4 May 2016 14:33:451
- Been on both ends..., Skip, Tue, 3 May 2016 17:28:26
- the downsides of cash, Snowmobile , Tue, 3 May 2016 07:43:16
- Re: Acceptable Payment Forms for Selling Saabs, Dan-O, Tue, 3 May 2016 06:29:34
- As you said, cash is king, JerseySaab , Mon, 2 May 2016 17:31:12
- Re: Acceptable Payment Forms for Selling Saabs, NCCaniac , Mon, 2 May 2016 17:03:10
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