Question About Bank Transfer

Hey, wanted to ask a quick question;

If I was a seller and I wanted to use Bank transfer as a means of collecting the money from the buyer, how would that all work out?

- Can they chargeback
- How long before i recieve the money
- Does it cost to transfer.

Thanks in advance.

 

- Can they chargeback
- How long before i recieve the money
- Does it cost to transfer.

- It's easy to chargeback a bank transfer, but hard to chargeback a bank WIRE. Make sure you get a wire.

- 3-5 business days

- Yes there is a small fee for both parties.

 

Bank transfer just means is from same bank, wire is from a different bank. Most bank transfer from same bank are instant, depending on bank, from different bank it takes 2-3 business days, they can't really be chargedback, they will have to go to court to even try.