IBan payment method?

rheabs · 02-11-2007, 05:02 PM

Hi,
Can anyone tell me if this payment method is safe to use from Uk to Europe?
as i never used this type of payment before..

I know very little on this ..but i wanted to know how really safe is it? i mean would the uk bank follow up if there where any problems..is there any protection for buyers/sellers?

Also wanted to know whats there charges or should i say our uk bank charge to send funds..
And Before you say (any sarky members) thats what the "search" button for im just being a lazy so and so today

lol

Sorry to ask and if its a silly Question/s then just slam me

Thanks

greedyboy · 02-11-2007, 06:05 PM

International Bank Account Number (IBAN) is basically an account number for international payments? So you mean TT payment?

TT Payments should only be sent to companies you can trust as they are irreversible.

rheabs · 03-11-2007, 12:13 AM

Greedy...you the Man !

Thanks..

anotheruser · 03-11-2007, 12:56 AM

Ahem. Correction, old chap. You da Man. getcha skank right.

**to-neXt GbR** · 03-11-2007, 01:30 AM

It's right, you should only use it for legit sellers, but if so, it is a very good method because the fees are nearly nothing (depending on bank).

chameleon · 07-11-2007, 11:50 AM

my bank charges a flat rate of 20GBP. however, be prepared for the exchange rate, if your sending local currency to be a bit different than XE.com..

Beefy · 07-11-2007, 09:51 PM

used it for the first time today. fees were £9 from my hsbc account. returned home a bit later to recieve a message saying the money had reached them and was cleared. not bad.

D M · 07-11-2007, 11:19 PM

Was the destination bank HSBC?

Beefy · 08-11-2007, 12:08 AM

Quote:

Originally Posted by D M

Was the destination bank HSBC?

nope5

chameleon · 08-11-2007, 10:31 AM

Quote:

Originally Posted by Beefy

used it for the first time today. fees were £9 from my hsbc account. returned home a bit later to recieve a message saying the money had reached them and was cleared. not bad.

not bad at all!
geez, im changing banks! my current high st bank didnt even have the courtesy to infom me of a transfer payment failure. and the charges (when it was successful) were more than double that of HSBC. It takes three days to clear out of my account for TT transfers as well!