I was recently offered a rather large sum of currency via a bank transfer but I have a few questions.

1.) What are the risks, if any, of selling an item through a bank transfer?

2.) Since I am not a legal adult what hoops will I or my parents have to jump through?

3.) What is the safest and most recommended bank?

4.) What is the process of setting up said bank?

5.) Since he is in the EU and I am in America what are the steps, if any, to converting the currency from Euros to USD?


If their is anything else I have missing or have forgotten to ask please fill me in on that as well.


Thanks