How to send a BACS payment?

Robin9

Make a token payment to your solicitor (say £25) and then check with him that he has got it - that will prove the sort code/account number is correct.

Then you can pay the balance in confidence.

Socajam

18cc wrote: »

Oh it's definitely the solicitor - no modern day fraudster would be seen dead using such words as telegraphic transfer and BACS!

You would be surprised.
I would the money in two payments: check to ensure that the first payment was received before sending the second.

20SmthngSver

No I knew that, but a previous post implied you can make multiple transactions up to the maximum in one day, which didn't sound right.

agrinnall

20SmthngSver wrote: »

No I knew that, but a previous post implied you can make multiple transactions up to the maximum in one day, which didn't sound right.

Some banks have a limit which is the same for single payments and in one day (e.g. both £100,000), others have different limits for single payments and for the daily total (for example, in 2014 I transferred 5 lots of the single payment limit of £10,000 out of my NS&I account to Nationwide in one day).