I never thought those "Banker on the phone tells you the wire has been received" scenes from James Bond films happened in real life but it turns out that a Japanese real estate closing is pretty much exactly like that, including "This person's job is being more visible than a PC"
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I like that they triple check data entry though. Imagine if the inputter sent money to wrong account and nobody was there to notice
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you joke, but did i ever tell you what happened at the closing table for our first house? i think i did
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They're not more likely to flub this transaction, but the impact if it does get flubbed is higher, no? Seems that taking more precautions against error makes sense? (Not necessarily that many precautions, of course.)
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I saw a documentary on the closing of the purchase of a Boeing 747 that was like that. One of the people on the phone was an official from the FAA registry to confirm that title had been registered
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