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ADVICE - Safest way f taking payment for £10,000 vehicle ?

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Comments

  • System
    System Posts: 178,374 Community Admin
    10,000 Posts Photogenic Name Dropper
    I second FPs or cash (£100 x 100 at a push).
    Faster Payments cannot be simply recalled like older BACS payments.
    BASFORDLAD wrote: »
    Faster payments are perfectly safe so you have nothing to worry about
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • Paul_01
    Paul_01 Posts: 409 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    A 'faster payment' will be fine.
  • thenudeone
    thenudeone Posts: 4,462 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    innovate wrote: »
    No way would I walk out of a bank with a stranger who knows that I have ("his") £10K in cash on me.

    You don't leave the bank with the cash. You just ask the bank to deposit it directly into your own account whilst still standing at the cash desk. You get a 100% firm cash deposit straight into your account.

    If you're not depositing into an account with that bank they will charge for the privilege :<
    We need the earth for food, water, and shelter.
    The earth needs us for nothing.
    The earth does not belong to us.
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  • thenudeone
    thenudeone Posts: 4,462 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    DON'T use an online escrow service. Most (if not all) are fake scam sites.

    Have a look here:
    https://forums.moneysavingexpert.com/discussion/comment/58508081#Comment_58508081
    We need the earth for food, water, and shelter.
    The earth needs us for nothing.
    The earth does not belong to us.
    We belong to the Earth
  • agrinnall
    agrinnall Posts: 23,344 Forumite
    10,000 Posts Combo Breaker
    stylus360 wrote: »
    Hi

    Is this basically a fast bank transfer, heard of scams involving them as well.

    Can you give us some examples, as I've not heard of any.
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