Buyer wants to pay for item via 'BACS'? is this safe? anything to watch out for?

Posted 18th Aug 2015
I'm selling an item on Facebook (£100 value) and a potential buyer wants to pay me via 'BACS' (bank transfer?) rather than Paypal as he's been "screwed over" by Paypal. I've always dealt via Paypal in the past, can someone give me the skinny on BACS as a payment method? anything to watch out for? time it takes? reversable? cons? fees?

Any help appreciated.
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