I have a large payment to make to a company (for having my roof done). Now usually I’d write a cheque for something this large because I can make sure that it gets to the right person by writing the name of the business in the payee field and sending it to their address.
I wouldn’t normally send a bank transfer because I’m paranoid about sending it to the wrong account details (I’d obviously check multiple times - but £6k is a lot of money!!). When I send large amounts to friends & family I always send £1 as a test payment and then send the rest once they’ve received it. Obviously this isn’t really an option when sending to a large business.
So what do I do? Do I just take the plunge and send the money as a bank transfer? Do I transfer the money to a legacy account and write a cheque from that account?
Thoughts & Advice welcome!