Is it safe?

[kopenhagen5]

Just a quickie for all you experts out there.

Have had someone wanting to pick up one of my bigger items tomorrow and do bank transfer while they are here.

Rather sudden IMO.

Lets say I check my balance and funds are there, they leave with the goods, is there some way they can reverse the transaction minutes later?

I have never accepted bank transfer before. TIA.

[kopenhagen5]

Hi Horizon,

They want to pick it up tomorrow, so need full payment.

I have suggested they can get a bank cheque in the morning.

Thanks.

[cherry*135]

Transfers from a business bank account go through quicker than from personal accounts ( on week days at least).

If I transfer money from my bank account to family members account (same bank) it goes straight in there as well (personal accounts). If I transfer to an account I have never transferred to before it can take 24-48 hrs.

[horizon1907]

🙂 

[foxette-in-sox]

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@kopenhagen5 wrote:

Hi Horizon,

They want to pick it up tomorrow, so need full payment.

I have suggested they can get a bank cheque in the morning.

Thanks.

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Um Kopes, tomorrow is SATURDAY, so where are they going to get a bank cheque from ?

And bank cheques cost money.

(waits patiently for building society suggestion )

[kopenhagen5]

I know my Commonwealth Bank is open in the morning in a shopping centre.

Aren't most of them?

Just looked it up, only some branches are open.

Thanks am, that makes sense.

[i-love-my-sheep]

I've had a regular buyer who pays vis bank deposit and even now, it still takes min 2 days to go through. Yet, if Mum sends me money for say Christmas or birthday, it is there within minutes. Same with a friends charity that I donate to, the money goes straight into her account.

I know my buyer is paying when he says he does because he sends me a screen shot of the transaction details.

[curraone]

maybe he has a credit union account - they are open Saturdays

[beach_and_home]

Just keep a cool head and don't let the excitement of a big sale cloud your judgement.

If they are unable to give you the cleared funds today, then don't let them take the item today. Just don't. If they have to wait until Monday then so be it.

And, if they do end up giving you cash, make sure you count it out slowly and carefully in front of everyone. Don't let anyone rush you.

And make sure you have someone else with you when they come so that you have another person on your side in case the buyer tries to push you to do something you don't want to do.

[2106greencat]

Hey Kopes

Drivers License, Car Rego - record both.

Ask them for a landline number and their address and google white pages while they are there to confirm it matches.

Good Luck, and like beach said - cool head.

[cherry*135]

A bank cheque cost $12 last time I got one (about 18 mths ago).