Faster Payments & Ebay Purchases

PinkMascara

I sold something on ebay and the buyer wants to pay via bacs/fasterpayment (they bank with natwest just like me) Are they able to recall this payment after its sent? I am worried that even though its instant in a few days they're able to recall it from my account?

soolin

Once it hits your account wait for it to completely clear overnight and the next day it is yours, there is no way it can be recalled.

The only window of opportunity to recall is within a few hours of sending if it is before close of business.

I offer bank transfers on all my items and have never had it used yet on ebay, you lucky so and so!

PinkMascara

soolin wrote: »

Once it hits your account wait for it to completely clear overnight and the next day it is yours, there is no way it can be recalled.

The only window of opportunity to recall is within a few hours of sending if it is before close of business.

I offer bank transfers on all my items and have never had it used yet on ebay, you lucky so and so!

Is that window for all bank transfers? including non faster payments (bacs)