Sold truck. Safest way to receive payment?

[rapalaman]

Or do it in banking hours, go into their bank and get cashier to do it ( if there’s one near you still of course)? Check on your phone to ensure it’s been paid in

[htb]

I took over 10 grand on the plane when I flew down to pick up my 110 from near Luton.

[little_p]

If you have a business account you will likely be charged for paying in a cheque or cash.

Bank transfer is by far the easiest if it all goes to plan.

20 hours ago, Dan Maynard said:

Landy was trickier as the bank anti-fraud kicked in and blocked the transfer so that took a bit of sorting out, but still better than carrying nine grand in cash on the train which was the other option.

I sold a 4x4 once and the buyers anti-fraud kicked in and blocked the transfer (on a Friday afternoon), obviously he wasn't going to be driving it away without the guarantee that the money was in my account.
Luckily he was relatively local, so didn't have that far to come again.

 

I like @stihl123 suggestion of a transaction made beforehand so the anti-fraud shouldn't kick in. Possibly that £1 transfer also means that a 'contract' for sale has been made between yourselves.

 

I take it was sold on an online auction website? Prepare yourself for non-paying buyers, messers, tyre-kickers - and occasionally some of the nicest, most genuine people you hope to deal with.

[John Hughes]

Yes you were right.
The guy sent me a text pulling out. At least he let me know.
john