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Paying by Bank transfer

Hi All,

Apologies if this has been asked before but I couldn't find anything through the search facility. And I don't normally lurk around this part of the forum so not even sure I'm posting in the right place....!:o

I want to purchase an item from an online retailer. Never used them before but my research shows them to be legit. There is an option to choose to pay by bank transfer which will save me £30. Not a fortune, but rather in my pocket than theirs.

Never having paid this way before - does this seem safe?! Do I need to give them my bank details or do I just need theirs? Since I'm not paying by credit card, what protection do I get if it all goes pear shaped?!

So many questions, so little time! :eek:

Comments

  • JuicyJesus
    JuicyJesus Posts: 3,832 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    flyer64 wrote: »
    Since I'm not paying by credit card, what protection do I get if it all goes pear shaped?!

    None whatsoever.

    You could take the company to court but that is it. Neither bank will help you.
    urs sinserly,
    ~~joosy jeezus~~
  • meer53
    meer53 Posts: 10,217 Forumite
    Tenth Anniversary 10,000 Posts Combo Breaker
    No protection at all, it's like handing over cash. Use a credit card.
  • flyer64
    flyer64 Posts: 76 Forumite
    I thought as much. Too risky for a saving of 30 quid. Thanks heaps for the quick responses!!
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