21 Apr 2013 1:41 PM:

Hi there. I live in the uk but have a property in Spain, I have agreed a sale price and have been told that the agreed price less 3% tax will be paid to me in the form of a bankers draft (from deutsch bank). My worry is that the bankers draft may be forged. Does the notary have a duty of care to ensure the validity if the draft? If not who's responsibility isn't and if mine what can I do as the deeds will be signed over at the notary meeting yet the draft may take at least 3 working days to clear.

What can you do if it turns out the draft is not valid?

To add to this the Spanish bank that I use (la caixa) want to charge 0.4% to deposit the draft and have said this is not negotiable as the rates are set by the central bank of Spain! Something's find hard to believe.

Thanks for any helps anyone can provide here. I have never sold a house in Spain before.

Thread: Selling my home bankers draft

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