I think bank transfer is now the usual method for large transactions. I bought a car last year and that was the method I used .

just bought a loco from a fellow member of my model engineering club and paid this way.

I don’t know about other banks, but when I want pay a new person or company, the bank checks that the account is in their name person you are paying.

Stuart

Personally, I will only accept a bank transfer for anything that I sell, if only because it’s a 30 mile round trip to the bank these days to deposit a cheque or cash. In any event, I would want a cheque in advance to allow it to clear before I would release any item that I sell. Not that I don’t want to trust anybody but it was always ‘business protocol’ when cheques were the only option apart from cash, although small amounts could be guaranteed with a debit card number on the reverse, but not any longer. I always pay larger invoices for goods and services by bank transfer and if it’s a substantial amount to someone I have never dealt with before I send a nominal sum, maybe a fiver, and when the recipient has confirmed that they have received it I immediately send the balance. Smaller amounts in shops and pubs etc. I pay by contactless NFC with my phone. It annoys me that the government insists on sending me cheques for car tax rebates etc. An assurance company insists on doing this too with investment income despite having given my bank details. I know some people will not agree but the sooner cheques are consigned to the dustbin of history, the better IMO.

Bank transfer every time.

Sold 2 motorcycles and bought last few cars this way.

Jimb

Chris, you can pay cheques in with your phone or ipad these days so no need to go to the bank.

On 29 April 2025 at 00:03 Emgee Said:

The only concern I have with online bank transfers is you do occasionally hear of “claim backs” from accounts quoting  fraudulant use, how can you guard against that happening if you are receiving funds for a car or machine ?

 

Emgee

Surely the bank would have to check with the receiver to verify any such claim back before draining any funds? If the bank takes money out of your account without your permission and it turns out to be a scam, the bank is liable, not you.

On 29 April 2025 at 08:06 Chris Crew Said:

“Chris, you can pay cheques in with your phone or ipad these days so no need to go to the bank.”

I am aware that some banks offer this facility on their online banking app although not TSB, unfortunately. I could always change banks but I have been with TSB or its predecessor for 63 years when the primary school I attended opened an account for me because the school bank could not, or would not, hold more than £5 of pupils’ money.

Chris TSB to let you pay chegues in by phone if you have their banking app

H

“Chris TSB to let you pay cheques in by phone if you have their banking app”

This facility must have been added since I have had the app because, although I was aware that other banks allowed you to do this, I was told by a bank teller that it was not possible with TSB. Having checked it out the facility has been made available, subject to a £750 daily limit. I still don’t want cheques but thankyou for the information anyway.