What Payment Do You Accept For A Horse?

[Tamollymoo]

I have bought most horses cash and one by bank transfer from Ireland.

I was wondering how people prefer to be paid when selling a horse. I should imagine cheque is a bit dodgy, but what about cash or bank draft?

 

[Sarah_Jane]

Electronic bank transfer is quite good now. I don't mind a cheque providing people don't mind waiting for it to clear.

 

[1275gta]

Cash is preffered. ALthough cleared cheque or bankers draft would be ok.

 

[Halfstep]

Since Nov. 2007, once a cheque has cleared (six days) the money can't be recalled, unlike in the past when supposedly cleared cheques could be recalled months later. Before that, I would only accept cash or electronic transfer. Now, I would be happier about accepting a cleared cheque.

 

[sammiea]

Electronic transfer is my way of paying but happy to do cash is buyer perfers

 

[Maesfen]

If it has to be a cheque it has to be well cleared before they are able to collect.
A bank transfer is good too as is a building society cheque as you know if the money wasn't in their account, the BS wouldn't allow it and it will be immediately (as soon as it is written) taken from their account.
Still think cash is best but I have a tendency to squander it if I don't bank it!

Whatever is used, I always make sure my receipts have carbon copies with every little thing noted, all dots dotted and t's crossed to be on the safe side and signed and dated by both the buyer and me.

 

[kerilli]

cash, or a cheque a few days before collection/delivery, which i don't permit to happen till it's cleared. no way will i accept anything else.

 

[KatB]

Paid cash for one, and did an electronic bank transfer for the other, after he was in my yard from Ireland!!

 

[Alibear]

It's been cash every time so far.

 

[Toby_Zaphod]

Don't think for a moment that a Building Society Cheque is like cash.... there are thousands of stolen or counterfeit building society cheques out there. Treat them as any other cheque & wait for them to clear.

 

[SteveGG]

Second what Toby_Z says and add that bankers drafts can also be recalled so again need to wait for these to clear.

 

[Haflinger]

When we got Blu, we gave cash when we went to collect her

 

[madhector]

Always paid in cash, and then taken cash if sold anything.

 

[sj_mad]

iv always paid cash for mine, but when i sold my youngster the new owners were a little short of cash so much to my horror my dad suggested they pay most of the money then pay £100 for the next 7 months! however the family were very honest and we got all of the money on time.

 

[Gamebird]

People must trust me! Have bought the last two from the same person and paid by cheque at the same time as I picked the horse up!

 

[conniegirl]

Cash or cheque that has cleared before delivery