Selling one of two cars in household - insurance questions

DullGreyGuy

jimjames said:

DullGreyGuy said:

5) Cash is safest (or cash they deposit into your account), bank transfer is second. All payment forms ultimately carry some risks that subsequent checks show it was fraud

I'm not sure I agree, I'd think bank transfer was safest as the money is then in your account. Cash could be fake unless it's paid into a bank there and then.

What happens these days if it turns out the payment you received by bank transfer was from a compromised account and the account owner never authorised the transaction? Particularly if you happen to be in the same banking group?