# Taking bank xfer as payment?

**URL:** <https://forums.speedlife.net/t/taking-bank-xfer-as-payment/42108>\
**Category:** NYSpeed Off Topic\
**Created:** [January 19, 2008, 10:29am UTC](https://forums.speedlife.net/t/taking-bank-xfer-as-payment/42108 "2008-01-19T10:29:34Z")\
**Posts on this page:** 8\
**Page:** 1

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**Author:** ![Coldaccord](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/coldaccord/32/7272_2.png) [@Coldaccord](https://forums.speedlife.net/u/Coldaccord)\
**Post date:** [January 19, 2008, 10:29am UTC](https://forums.speedlife.net/t/taking-bank-xfer-as-payment/42108/1 "2008-01-19T10:29:34Z")

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I sold my motor, and the kid wanted to do a bank transfer. So how does that work, I just give him my account number? If so, what are the security issues involved?

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**Author:** ![Dr.Stevil](https://avatars.discourse-cdn.com/v4/letter/d/da6949/32.png) [@Dr.Stevil](https://forums.speedlife.net/u/Dr.Stevil)\
**Post date:** [January 19, 2008, 10:32am UTC](https://forums.speedlife.net/t/taking-bank-xfer-as-payment/42108/2 "2008-01-19T10:32:30Z")

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i wouldn’t give him your account number personally. I’d give your bank a call and see how they typically handle stuff like this

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**Author:** ![MikeRi24](https://avatars.discourse-cdn.com/v4/letter/m/57b2e6/32.png) [@MikeRi24](https://forums.speedlife.net/u/MikeRi24)\
**Post date:** [January 19, 2008, 10:42am UTC](https://forums.speedlife.net/t/taking-bank-xfer-as-payment/42108/3 "2008-01-19T10:42:09Z")

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it would seem to me that there are plenty of better, more secure ways of going about this. PayPal, money order, cashier’s check…and if he wants to do a bank transfer, then he obviously has the money so why can’t he just give you cash??

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**Author:** ![Coldaccord](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/coldaccord/32/7272_2.png) [@Coldaccord](https://forums.speedlife.net/u/Coldaccord)\
**Post date:** [January 19, 2008, 11:11am UTC](https://forums.speedlife.net/t/taking-bank-xfer-as-payment/42108/4 "2008-01-19T11:11:13Z")

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because he lives in virginia.

he wants the motor soon as his is blown, but doesn’t have paypal.

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**Author:** ![TurboTSi](https://avatars.discourse-cdn.com/v4/letter/t/22d042/32.png) [@TurboTSi](https://forums.speedlife.net/u/TurboTSi)\
**Post date:** [January 19, 2008, 11:34am UTC](https://forums.speedlife.net/t/taking-bank-xfer-as-payment/42108/5 "2008-01-19T11:34:28Z")

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how long does it take to sign up for paypal, 5 minutes? I don’t feel comfortable letting anyone know my bank account numbers. I don’t even want to send a personal check for one of the things I have to pay for, just in case.

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**Author:** ![ryanmcell](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ryanmcell/32/7510_2.png) [@ryanmcell](https://forums.speedlife.net/u/ryanmcell)\
**Post date:** [January 19, 2008, 11:38am UTC](https://forums.speedlife.net/t/taking-bank-xfer-as-payment/42108/6 "2008-01-19T11:38:19Z")

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Have your bank and his bank talk about a wire transfer, your bank will get it all setup. All you need to do is have his bank call someone at your bank or vice versa.

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**Author:** ![Coldaccord](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/coldaccord/32/7272_2.png) [@Coldaccord](https://forums.speedlife.net/u/Coldaccord)\
**Post date:** [January 19, 2008, 12:06pm UTC](https://forums.speedlife.net/t/taking-bank-xfer-as-payment/42108/7 "2008-01-19T12:06:09Z")

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wrd

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**Author:** ![ryanmcell](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ryanmcell/32/7510_2.png) [@ryanmcell](https://forums.speedlife.net/u/ryanmcell)\
**Post date:** [January 19, 2008, 12:31pm UTC](https://forums.speedlife.net/t/taking-bank-xfer-as-payment/42108/8 "2008-01-19T12:31:28Z")

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When I bought my M3 after all the bullshit the seller put me through we ended up going that route after I had possession in NY with the car.

He was such a terrible seller it wasn’t even funny, ask MPD he knows the whole story… sigh.
