28th September 2019, 10:30
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#6
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This is my second home
Rover 75 tourer Club CD/Limo Tints
Join Date: Nov 2008
Location: Meneac
Posts: 6,759
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Quote:
Originally Posted by SD1too
David, I find that anything involving banks is fraught with unexpected problems. To begin with, when I tried to transfer a large amount of money between accounts using on-line banking I discovered that there was a limit of £3,000. Your buyer will need to ask his bank about this in advance of turning up on your doorstep.
Secondly, even if 'Faster Payments' can be used, in theory this can take two hours; not very practical if your buyer is expecting to be able to drive the car away.
You could adopt the dealers' methods; ask for a deposit in advance, paid by electronic means. You would then have evidence that the system works (or doesn't) before the sale is finalised.
Simon
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OR you could ask him to bring cash to your house !!!! 
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