Home > General > is bank transfer safe? |
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stan Site Moderator Member Since: 13 Jul 2010 Location: a moderate moderated moderator moderating moderately in moderation Posts: 35161 |
discussing this with your bank would be the first step.. ... - .- -.
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12th Nov 2015 1:19pm |
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EEYYBFH Member Since: 12 Nov 2015 Location: bedford Posts: 2 |
different bank will have different results? |
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12th Nov 2015 1:22pm |
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Alistair Member Since: 11 Feb 2011 Location: Peterborough / Bordeaux / Andorra Posts: 7907 |
Thats what I did - he transferred it at my house & then I called my bank to confirm that it had been transferred, was in my account and couldn't be reversed - then I handed over the keys & V5
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12th Nov 2015 1:24pm |
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Alistair Member Since: 11 Feb 2011 Location: Peterborough / Bordeaux / Andorra Posts: 7907 |
and yes - different banks have different standards - so check with yours - and you will also need to know the bank its coming from. |
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12th Nov 2015 1:25pm |
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V8Noise Member Since: 25 Apr 2015 Location: Dereham Posts: 423 |
Certainly, any transfers to Barclays accounts, once they show up, cannot be pulled back.
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12th Nov 2015 1:51pm |
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Andy3681 Member Since: 13 Jan 2012 Location: Newcastle under lyme/ Le Dorat Haute Vienne Posts: 912 |
When I sold the Caravan buyer did an instant transfer. Money in the account in a few mins, It's a good system. However I would check with your bank for larger amounts. Mine was a blue one! |
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12th Nov 2015 2:12pm |
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Cam-Tech-Craig Member Since: 04 Aug 2011 Location: Gloucestershire Posts: 16232 |
Ive done it several times buying cars from dealers etc and seams to be an industry standard... Never had a problem! |
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12th Nov 2015 2:16pm |
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Gazellio @ Prestige Cars Member Since: 22 Jan 2010 Location: Chilterns, UK Posts: 11309 |
It's FASTER PAYMENTS and its what I use. If the money is in your account you are OK.
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12th Nov 2015 2:33pm |
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XXXAngelXXX Member Since: 25 Mar 2007 Location: Stuttgart Posts: 4993 |
Took me 5 days to send the money for my new wheels to Craig and yes it was save - not sure about Craig hahaha All my spelling errorz are belong to me!
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12th Nov 2015 4:28pm |
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Andy B Member Since: 03 Apr 2012 Location: West Malling Posts: 1223 |
The Faster Payments Service (FPS) varies from Bank to Bank in terms of response times. My Business Account transfers instantly, as does my Building Society Account, however my main personal Bank Account with a well known high street Bank does not do the transfer until midnight of the day you requested the transfer.
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12th Nov 2015 5:19pm |
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whippetman Member Since: 14 Sep 2011 Location: Somerset Posts: 60 |
" I move it to associated account just to be sure its there! "
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12th Nov 2015 7:09pm |
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dand Member Since: 03 Sep 2014 Location: Wokingham Posts: 50 |
FPS can be reversed if the transaction is fraudulent. It's a small risk but it's a risk.
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12th Nov 2015 8:59pm |
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kingpleb Member Since: 07 Jun 2011 Location: Maybe here. Maybe there, I get everywhere! Posts: 8455 |
All i can say is Cash is King
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13th Nov 2015 1:58pm |
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Ivor Member Since: 26 Jun 2015 Location: Aberdeen Posts: 223 |
I would trust a bank transfer more than I would someone turning up with a pile of notes in their hand the only real way a transfer goes wrong is when you get the account numbers wrong L322 2008 vogue
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13th Nov 2015 6:32pm |
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