Ferrari Mailing List: Re: Business Banking

[Tom Reynolds (kjtar]

I heard on the radio about a month or so ago where a D.C. area coffee shop
or cafe or some such doesn't accept cash.  Some people were going to take it
to court, but (and others can chime in here) even though the currency says
"This note is legal tender for all debts, public and private" there's
nothing that says a business has to accept cash (or can penalize it for not
taking cash).
Think it was on NPR in the AM...
Best regards,
Tom Reynolds
Tulsa, OK
----- Original Message ----- 
From: <ferrarifixer [at] aol.com>
To: "Tom Reynolds" <kjtar [at] cox.net>
Cc: <ferrari [at] ferrarilist.com>
Sent: Saturday, December 02, 2006 8:52 AM
Subject: Re: [Ferrari] Business Banking


> I purchased my last Ferrari (F355B) from a retired bank manager near
Cincinnati about a year ago.  He insisted on a bank wire transfer.  He
wouldn't take a "certified" check, bank check, or any other kind of check.
I wanted to pay some of it in cash, and I was very surprised that he
wouldn't accept cash either.  I had to twist his arm to accept a $500
deposit to hold the car until I could arrange transfer of funds.
>   Times they are a changin'.
> Regards,
> Michael
>
>
> -----Original Message-----
> From: FList [at] hanshansen.org
> To: ferrarifixer [at] aol.com
> Cc: ferrari [at] ferrarilist.com
> Sent: Sat, 2 Dec 2006 12:03 AM
> Subject: Re: [Ferrari] Business Banking
>
>
> A good friend of mine is a retired bank manager.  I'd like
> to get her word on how you **reliably** get funds from
> a complete stranger.   Now that she is no longer connected
> with the bank, it could be interesting............
>
> Hans.
>
> On 12/1/06, BRIGANDBAR [at] aol.com <BRIGANDBAR [at] aol.com> wrote:
> > No disagreement with anything that you have said here.
> >
> > As they say, the "proof is in the pudding". If a bank in which you have
no
> > other accounts will release the funds to you, that in and of itself is
about
> as
> >  close as you can get to being certain that you will be paid for the
item in
> > question.
> >
> > That is why customs brokers and escrow agents prosper.
> >
> > Dr. Steve
> >
> > 1964 Rolls  Royce Silver Cloud III    1975 Pontiac GV Conv.
> > 1980 MB  450SL                 1982 RR  Corniche
> > 1988 Rolls Royce Silver  Spur         1994 F-350 Powerstroke  4x4
> > 1996  Bronco                                  2000 Lincoln Town Car
> > 1995 Ferrari 348  Spyder                 2004 Excursion
> > + Audrey's 3x MB's
> >
> > Dr. Stephen B. Spies, CES,  CFI
> > Director, Forensic Sciences Laboratory
> > Explosives Engineering  Technologies
> >
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