Paying for selling items privately

ACEngineering

Member
Location
Oxon
Some banking apps have limits of how much can be transferred ,one my elderly customers can only pay £1000 per day in one transfer ,,I'm with barclays and they allow £2000 per day.
Theres probably a way to get the limits lifted ,not found out how yet

No limites on my barclays account even with new payees.
 

JP1

Member
Livestock Farmer
I’ve heard of it being instant 99 times out of 100, and then when you really need it to it doesn’t!
We made a purchase recently and wanted to pay on collection so wanted to be sure it would work, a friend told me to transfer £1 to the seller a day or two before going, so they were set up in my banking app, that went through fine and so did payment on the day 👌
^^ This and it shows the other party you're serious
 

ACEngineering

Member
Location
Oxon
Pay by cheque, at viewing
When cheque goes through collect goods

Failing that....
Buyer brings cash, inspects goods and likes them
Both of you, take a trip into town (masked up of course) to your bank
He pays his cash into your account at your bank and both of you get a receipt
You go home and he takes the goods, you issue him with a receipt to go with the bank deposit receipt

Bank will charge a fortune to pay in cash to a business account so not ideal.
 

ACEngineering

Member
Location
Oxon
Cheques have worked fine for a couple of hundred years. ( OK.....I know there's rubber ones ).
BACS is stressful, and not foolproof.

Bacs is easy! Especially on Barclays phone app!

I was dead set on not doing the app on my phone till covid hit then I changed my mind! Down loaded the app and now it pings up every thing that goes in or out so I know instantly if theres money coming in or out. I can pay cheques in up to £1000 each and with no charges.
Pay other people more or less instantly, contact the bank alot easier with less security hassle and questions (yes I have got these questions wrong in the past before down loading the app and got locked out of my account😂 and then had to go to branch and waste 2hrs getting it back open and looking like a right d**kh**d cause I got my age wrong🙄🙈)
 

Sebastian77

Member
Mixed Farmer
Location
Nottingham
In today's smart phone world, nothing is less hassle/quicker than BACS via mobile app. Even cash is inconvenient now, as some have said, business accounts charge to pay it in, and turning up to buy a 10k machine with a bag of cash will probably get an eye roll from the dealer and a raised eye brow from tax man.

NatWest has BACS limit of 20k for personal/50k for business.

@ACEngineering Drove past your place near Bidford today! Was surprised when saw sign
 

Drillman

Member
Mixed Farmer
If I sell anything it’s cleared funds before it leaves the yard. If buyer has a problem with that it’s probably a buyer I don’t want to do business with.

if I’m buying I’m happy to pay before collecting but still amazed how many folks tell me to take it and pay by bacs when I get home. Must have a honest face.
 

fiat 9090

Member
Location
co offaly eire
If I sell anything it’s cleared funds before it leaves the yard. If buyer has a problem with that it’s probably a buyer I don’t want to do business with.

if I’m buying I’m happy to pay before collecting but still amazed how many folks tell me to take it and pay by bacs when I get home. Must have a honest face.
 

Sparkplug

Member
NatWest have a habit of stopping same day transfers up to 20k without telling you!! so the money has left your account and you have sent the wagon to collect the machine but customer says not received - after loads of agro you finally get through to NatWest correct dept and they say - oh yes we stopped the transaction as part of our Fraud Prevention and we have 3 days to tell you we have stopped the transaction!!!
 

ACEngineering

Member
Location
Oxon
In today's smart phone world, nothing is less hassle/quicker than BACS via mobile app. Even cash is inconvenient now, as some have said, business accounts charge to pay it in, and turning up to buy a 10k machine with a bag of cash will probably get an eye roll from the dealer and a raised eye brow from tax man.

NatWest has BACS limit of 20k for personal/50k for business.

@ACEngineering Drove past your place near Bidford today! Was surprised when saw sign

Bibford? thats miles away from me or do you mean Sibford thats a bit closer :unsure:

I was out most of the day anyway, repiping a horch drill so the markers are on the tractor spools rather than the drills control box. Backwards i know but thats what they wanted.
 

Sebastian77

Member
Mixed Farmer
Location
Nottingham
Bibford? thats miles away from me or do you mean Sibford thats a bit closer :unsure:

I was out most of the day anyway, repiping a horch drill so the markers are on the tractor spools rather than the drills control box. Backwards i know but thats what they wanted.

Oh! No.. there was an industrial unit with ACEengineering Ltd sign post, thought it was you guys, clearly not sorry!
 

ACEngineering

Member
Location
Oxon
NatWest have a habit of stopping same day transfers up to 20k without telling you!! so the money has left your account and you have sent the wagon to collect the machine but customer says not received - after loads of agro you finally get through to NatWest correct dept and they say - oh yes we stopped the transaction as part of our Fraud Prevention and we have 3 days to tell you we have stopped the transaction!!!

Barclays blocked my whole account last year, couldn't login or nothing, nor in branch. they wouldn't tell me sod all on the phone other than account was under investigation which could last 14days! I was well Peed off but couldn't do anything!

A few hours later a customer rang to fill me in on the problem, they had there bank account hacked and the hacker sent random amounts of money to random people on there saved payee list, i got sent just £300 but meant i was then under investigation, guilty until proven innocent:mad: Took all day to get it sorted, thank god it didn't take 14days cause that would have been a major problem for me and basically close me down temporary as i cant function with out taking payments and paying suppliers.
 

NI agri-food stakeholder groups discuss climate change bill with committee

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Written by Richard Halleron from Agriland

The Livestock and Meat Commission (LMC) recently submitted oral evidence to members of the Stormont Agriculture, Environment and Rural Affairs (AERA) committee on the content and potential impact of the Northern Ireland Climate Change Bill (No.2).

This draft legislation was recently introduced to the Northern Ireland Assembly by the Department of Agriculture, Environment and Rural Affairs (DAERA) in conjunction with agriculture minister, Edwin Poots.

“We were accompanied by representatives from a wide range of food industry bodies, including the Northern Ireland Meat Exporters’ Association,the Ulster Farmers’ Union [UFU], Northern...
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