The most efficient is
Money to be transfered in front of you on the day
Passport to be seen/copied for reference (both ways)
You agree the price and details.
You go to his/her bank
You make the transfer there and then to your bank
You fill in and hand over the V5/paperwork/car
His bank is likely to benefit from a phone call in advance to advise them this will happen so they don't reject it depending on price cap for transfers.
The bank to bank transfer will need two three ID entries.
Most recent statement with correct home address
Passwords for iBanking/Phone Banking (ask on setup telephone call day before as people forget these)
Passport/Drivers licence with photo
Utility Bill/Creditcard bill.
If he is not looking for similar from you then be nervous - he needs to have a worried vested interest or he clearly thinks he has nothing to lose.
Last edited by Alistair; 28/05/14 07:28 AM.
