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Purchasing an item over £10K from Ebay

Lerlenec
New Community Member

Purchasing an item over £10K from Ebay

Hi I was bidding on an item on eBay but it did not reach the reserve.  The seller withdrew the item at the end of the auction.  When I asked him about it he said I won it and he accepted my bid.  He then said I need to pay through a special Paypal process due to the amount of over £10K I subsequently received an email saying I am purchasing this item and I must click on the PayPal Live chat to proceed further, which I did.  I was then given a bank account in which to pay the money into, £2.5K today and £8K tomorrow, the beneficiary was County Financial Limited.  Is this the normal process for buying items over a certain price bracket?