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Bank Transfrers

 
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Bungo



Joined: 21 Dec 2011
Posts: 354
Location: Wye Valley
PostPosted: Thu Jun 07, 12 2:06 pm    Post subject: Bank Transfrers  Reply with quote    

Hi

I am selling some stuff on another forum , and the buyer would like to pay by bank transfer. At the risk of sounding thick , how do I let them do it ?Do I just need to give them my sort code and account number?

Cheers Bungo

vegplot



Joined: 19 Apr 2007
Posts: 21298
Location: Ynys Môn
PostPosted: Thu Jun 07, 12 2:12 pm    Post subject: Reply with quote    

and the name of your account.

You can test this by sending a significant amount of money to...

Account name: MwaHaHa Enterprises
Sort code: 66-66-66
Account no: 666666666

Bungo



Joined: 21 Dec 2011
Posts: 354
Location: Wye Valley
PostPosted: Thu Jun 07, 12 2:14 pm    Post subject: Reply with quote    

Thanks Vegplot. The account name would be me then, not the name of the bank?

Midland Spinner



Joined: 13 Jan 2009
Posts: 2931
Location: Under a green roof
PostPosted: Thu Jun 07, 12 2:19 pm    Post subject: Reply with quote    

It would be the name on your cheque book if they still did them (or on the bank card).

Bungo



Joined: 21 Dec 2011
Posts: 354
Location: Wye Valley
PostPosted: Thu Jun 07, 12 2:48 pm    Post subject: Reply with quote    

Thanks MS

Pilsbury



Joined: 13 Dec 2004
Posts: 5645
Location: East london/Essex
PostPosted: Thu Jun 07, 12 2:56 pm    Post subject: Reply with quote    

When I get a bank transfer I give them Tue name of the bank, Tue name on the account ( my name ) sort code and account number.
The reason I give the name of the bank is on my internet banking it asked me if the other account is a nationwide account, the same bank as me and if I can't answer it won't let me complete the form.

Bungo



Joined: 21 Dec 2011
Posts: 354
Location: Wye Valley
PostPosted: Thu Jun 07, 12 3:09 pm    Post subject: Reply with quote    

Thanks for that Pilsbury.I am A bit unworldly when it comes to banking etc

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