Newbie on Giros?

Skyfire · 8 Mar 2007 at 01:21

An acquaintance of mine wants £5000 tommorrow for a car I am buying, he wants a giro not cash for safety. I do not know his name, do I need to know this before taking a giro of £5000 out from the bank or can I fill it in when I am in front of him? :confused:

AngeluiMorte · 8 Mar 2007 at 07:11

Skyfire said:
An acquaintance of mine wants £5000 tommorrow for a car I am buying, he wants a giro not cash for safety. I do not know his name, do I need to know this before taking a giro of £5000 out from the bank or can I fill it in when I am in front of him?

Just wondering but wouldnt a cheque be an easier way to pay for the car if he didnt want cash

SpicyDuck · 8 Mar 2007 at 07:16

Turn up with cash, and when he starts complaining say 'So, you're not gonna take it?'. He will.

Problem solved.

darkblade · 8 Mar 2007 at 09:50

Offer to acompany him to the bank to pay it in?

dirtydog · 8 Mar 2007 at 09:56

Skyfire said:
An acquaintance of mine wants £5000 tommorrow for a car I am buying, he wants a giro not cash for safety. I do not know his name, do I need to know this before taking a giro of £5000 out from the bank or can I fill it in when I am in front of him?

Found a new job then?

You've certainly been busy recently, what with planning to spend £170k on a commercial property to let it out, and £60k-odd to buy a house.

Either that or it's all the usual rubbish you come out with

benneh · 8 Mar 2007 at 11:08

dirtydog said:
Found a new job then?

You've certainly been busy recently, what with planning to spend £170k on a commercial property to let it out, and £60k-odd to buy a house.

Either that or it's all the usual rubbish you come out with

You calling shens?, we need to be sure.

Visage · 8 Mar 2007 at 11:13

Skyfire said:
An acquaintance of mine wants £5000 tommorrow for a car I am buying, he wants a giro not cash for safety. I do not know his name, do I need to know this before taking a giro of £5000 out from the bank or can I fill it in when I am in front of him?

Encase the money in a loaf of bread and show us a picture.

caff · 8 Mar 2007 at 11:38

What about a banker's draft? Aren't they pretty much a solid non-bouncable cheque?

Duff-Man · 8 Mar 2007 at 12:45

caff said:
What about a banker's draft? Aren't they pretty much a solid non-bouncable cheque?

This is what I would do, for a £5k up-front purchase.

If you've bought a £170k buy-to-let property I can't believe you're not already up on finance...