Payment by bank transfer

marky_p

I've had a buyer offer to pay by direct bank transfer

a; is it safe?
b; what details would i need to give them?

cheers,
Mark

frivolous_fay

If it's a UK buyer, they will need your account number and sort code.

It's very safe, quick, also free and no chance of a chargeback.

If it's a European buyer they may need other details such as your IBAN no.

3card

You will need to give them

Account name
Sort Code
Account number
Name of bank

I think its pretty safe because all this info is on all the cheques you write anyway.

Added advantage is that as a seller you've not got the worry about a paypal refund later for something silly.

HTH,

Mick

rakeshtak_2

another advantage is that you are not charged commision as Paypal do, nor do you need to pay to withdraw from paypal (if amount is less than £50). I try to use Bank transfer when i can, if the other person's bank is of the same chain, the funds tend to go in immediately. Hope this helps