Daily Record.The caller said venues she had contacted were refusing to accept payment via debit or credit card and asked the founder of MoneySavingExpert.com whether she should make a payment by bank transfer or buy wedding insurance.Martin explained how getting wedding insurance at the moment is “difficult” due to the uncertainty brought about by the ongoing coronavirus pandemic.And whether or not she should pay by bank transfer, Martin issued a stern warning for everyone in the same position.He said: "I have to be plain and this isn't what you are going to want to hear."I would never pay for a substantial transaction in BACS."He added: "BACS are bank transfers and they have no protection.
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