Halifax - depositing cheques

No_Name · 18 April 2017 at 11:30AM

Hi

I haven't deposited cheques for quite some time now. What is the best way for me to do this?

Can I give my sort code / account number to a family member to deposit over the counter in-branch or would I have to visit a branch with my card to deposit via a machine?

I've a couple of dividend cheques from Apr and Sep 2015 which I've not yet presented - they're small amounts so I'm not fussed, but I notice it says replacement or unpresented cheques may incur a fee - surely the latter can't be true?

gt94sss2 · 18 April 2017 at 11:35AM

No_Name wrote: »

Hi
Can I give my sort code / account number to a family member to deposit over the counter in-branch

Yes.

I've a couple of dividend cheques from Apr and Sep 2015 which I've not yet presented - they're small amounts so I'm not fussed, but I notice it says replacement or unpresented cheques may incur a fee - surely the latter can't be true?

A bank may refuse to accept a cheque if it was issued more than 6 months before.

If you're not good at payiong in cheques, perhaps have a look at the option of paying dividends directly into your bank account.

No_Name · 18 April 2017 at 11:57AM

Thanks - that's what I plan to do, but sometimes the value of these cheques are not worth the effort!

What happened to these Halifax shares windfall?

In hindsight, I should have cashed these in and just stuck it in a savings account or even took a punt on some other shares!

Westie983 · 18 April 2017 at 2:20PM

No_Name wrote: »

Hi

I haven't deposited cheques for quite some time now. What is the best way for me to do this?

Can I give my sort code / account number to a family member to deposit over the counter in-branch or would I have to visit a branch with my card to deposit via a machine?

I've a couple of dividend cheques from Apr and Sep 2015 which I've not yet presented - they're small amounts so I'm not fussed, but I notice it says replacement or unpresented cheques may incur a fee - surely the latter can't be true?

You can write your sort code and account number on the back of the cheques then someone can pay them in either via the paying in machine or the counter.

I notice you said your cheques were from 2015, they will expire within 6 months unless specifically mentioned on dividend cheques they are normally 12 months. Normally it says the timescale on the left hand side of the cheque, and what to do if you want it reissued, and can then ask if a fee is applied.

The cheques will out of date so they will be rejected either by the counter or when the cheque is validated from the paying in machine, and will need to reissued if they were issued in 2015, if you can be bothered or worth the postage and or phone call to get them reissued.

Westie983

gt94sss2 · 18 April 2017 at 2:30PM

Westie983 wrote: »

I notice you said your cheques were from 2015, they will expire within 6 months unless specifically mentioned on dividend cheques they are normally 12 months. Normally it says the timescale on the left hand side of the cheque, and what to do if you want it reissued, and can then ask if a fee is applied.

The cheques will out of date so they will be rejected either by the counter or when the cheque is validated from the paying in machine, and will need to reissued if they were issued in 2015, if you can be bothered or worth the postage and or phone call to get them reissued.

Most cheques are actually valid for 6 years but banks may refuse to take them after 6 months - it all depends on if they notice/can be bothered.

No_Name · 18 April 2017 at 3:43PM

Thanks for the replies everyone.

Sorry that I did not clarify that I have current cheques which needs to be banked in addition to a couple of 2015 cheques lying around.

I'm not going to bother with those 2015 one - will keep them as a momento and remind me what could have been if I'd have been wiser - cashed in and invested elsewhere!

christiem94 · 18 April 2017 at 7:26PM

Either or you someone else can pay them in at the counter or paying in machine. Or you could also post them to your local branch leaving your sort code and account number with the cheques if you struggle to get to a branch, although as you said, they may not even be worth the value of a stamp, in which case is probably not the best option.

MarkFromCornwall · 18 April 2017 at 8:46PM

You can also pay cheques into a Halifax current account at your local post office (but you do need to put it in the right envelope from the Halifax together with the usual paying in slip).

No_Name · 20 April 2017 at 10:40AM

Does the pay-in deposit machines / boxes in branch require the account holder's card?

I have a few pay-in envelopes from a year or two ago but never made use of them.

Carrot007 · 20 April 2017 at 10:44AM

No_Name wrote: »

Does the pay-in deposit machines / boxes in branch require the account holder's card?

I have a few pay-in envelopes from a year or two ago but never made use of them.

The machines in my local Halifax have just changed so you can either use the card or key in your account number.

Westie983 · 20 April 2017 at 10:48AM

No_Name wrote: »

Does the pay-in deposit machines / boxes in branch require the account holder's card?

I have a few pay-in envelopes from a year or two ago but never made use of them.

No not anymore, the Immediate Deposit Machine (IDM) has been upgraded to allow you just to put a sort code and account number in or a card if you have one.

The Express Paying In (EPI) envelope system just needs the sort code and account number written on the attached paying in slip and then all put inside the envelope and post through the deposit slot/letter box.

gt94sss2

Cheques are legally valid for six years if not otherwise specified and most dividend cheques have the expiry written on them, hence my comment that the 2015 cheques will be out of date, and will not be accepted.

You are correct there are times that the dates are missed and then cheques are return to customer from the clearing centre, and cashier are trained to check dates on cheques on both counter credits and via the IDM and EPI, and its not just a case of cant be bothered, although I agree it can sometimes be missed.

Westie983

Halifax - depositing cheques

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