Looking to pay a sum of money, is it safe, against fraud etc...?
2007-12-02 21:36:23 · 3 answers · asked by terra_saw 1 in Business & Finance ➔ Other - Business & Finance
The only safe method is direct funds transfer from one account to another. You do this using the 'Bill Payment' option available via on-line banking. If you are transferring funds to some-one who's account is with the same Bank/Building Society, it can go through on the same (or next) day. Transfers to other banks can take up to 3 days.
For larger amounts (£10,000 upwards) you can pay for a same day SWIFT transfer (typically £25).
If you don't have on-line access to your account, you could use an 'indirect' payment method such as PayPal, but there will be some charges (and it usually takes 5-6 days longer).
Anything that involves paper being sent through the post will take longer and is higher risk.
2007-12-03 20:09:57 · answer #1 · answered by Steve B 7 · 0⤊ 0⤋
hi a banker draft is not safe, there is plenty of bad ones on e-bay,if you get one go to the bank first and see if is ok,
2007-12-02 21:51:48 · answer #2 · answered by berty 3 · 0⤊ 0⤋
I would say yes! Though i would have added this on to your last Q- save those valuable points getting all used up!!
2007-12-02 21:39:15 · answer #3 · answered by AnneShirley03-03-07 4 · 0⤊ 0⤋