With Lloyds, you can pay out to a first time person within minutes, no notice required. They ring your mobile as the payment goes through to authorise it. When Justin paid via Barclays, he popped my details in and had some calculator thing with codes on, again first time payment, went through in minutes no problem.
When I sold the Zed, guy turned up with the money in £20 notes, I had to go to a bank to check it.