Payment for house

[Tim Robbins]

Hi,
Trying to close on a house as quick as possible.

I am just wondering the quickest way to get balance to Solicitor:
1. Cheque
2. Bank draft

What would you suggest?

Many thanks.

 

[LDFerguson]

Solicitor will probably only accept a bank draft as otherwise s/he will have to wait for a cheque to clear. Bank draft definitely quicker, or else electronic funds transfer if your bank will accomodate it.

 

[Tim Robbins]

Solicitor will probably only accept a bank draft as otherwise s/he will have to wait for a cheque to clear. Bank draft definitely quicker, or else electronic funds transfer if your bank will accomodate it.

Thanks LD

I am with Bank of Ireland. So can I go into any branch and get one? And since it's a good bit of money, I'll probably need passport etc?

If I got my solicitor's banks account details, could I just go into a branch and wire the money directly to their account?

Many thanks.

 

[Eithneangela]

If you bring Photo Id (passport, driving license..) to any branch of your bank, they should facilitate.

You will need your solicitor's

- Bank Sort Code
- Bank Account Number
- Account Name

and the transfer should happen. If however your solicitor's bank is outside this jurisdiction you will need

- IBAN Number
- BIC Code
- Bank Name and Address
- Solicitor's name and address