Buying cars abroad
Buying cars abroad
Author
Discussion

ThreesixtyM

Original Poster:

287 posts

227 months

Sunday 14th April 2013
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Hi All.
I am buying a car in Europe and want to arrange a fast transfer to the seller in Europe, giving the go ahead to my bank whilst I am with him and the car is infront of me. Both Lloyds and HSBC tell me that once the instruction is given to them it can take up to 3 days for the funds to arrive at the sellers bank in his country.
I cannot believe that it is impossible to do a fast transfer between countries in Europe.
I would really appreciate any suggestions.
Thanks in advance.

Ean218

2,044 posts

280 months

Monday 15th April 2013
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Well, as faster payments have only just become established within the UK after years of inaction, to expect the same type of system across many borders, currencies and incompatible banking systems is perhaps a little naive.