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ADVICE - Safest way f taking payment for £10,000 vehicle ?
stylus360
Posts: 448 Forumite
Hi All
Put my car up for sale and have been looking into safe ways of accepting payments.
Seems NOTHING is safe these days, cheque - no, bank transfer can be reversed, cash - fake....
What do i do ??
Cheers
Put my car up for sale and have been looking into safe ways of accepting payments.
Seems NOTHING is safe these days, cheque - no, bank transfer can be reversed, cash - fake....
What do i do ??
Cheers
0
Comments
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Bankers draft.0
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A transfer by Faster Payments can't be reversed once it's completed.0
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Thrugelmir wrote: »Bankers draft.
I have heard of fake bankers drafts and been told to avoid at all costs.0 -
Go into a bank with the seller and get the cash from sellers account.I hate migraines.0
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A transfer by Faster Payments can't be reversed once it's completed.
But they can be disputed and potentially returnedhelpful tips
it's spelt d-e-f-i-n-i-t-e-l-y
there - 'in or at that place'
their - 'owned by them'
they're - 'they are'
it's bought not brought (i just bought my chicken a suit from that new shop for £6.34)0 -
cookie_monster wrote: »Go into a bank with the seller and get the cash from sellers account.
No way would I walk out of a bank with a stranger who knows that I have ("his") £10K in cash on me.0 -
No way would I walk out of a bank with a stranger who knows that I have ("his") £10K in cash on me.
Pay it into your account before leaving the bank?
I suppose that would only work if you both used the same bank.0 -
But they can be disputed and potentially returned
The only basis to return would be if it was a fraudlent transaction.
CHeque of dankers draft.
You need to wait till your bank tell you the funds have cleared before releasing the car.Never ASSUME anything its makes a>>> A55 of U & ME <<<0 -
Faster payments are perfectly safe so you have nothing to worry aboutFor everthing else there's mastercard.
For clampers there's Barclaycard.0
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