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  • FIRST POST
    • Bossworld
    • By Bossworld 22nd Jun 09, 11:27 AM
    • 225Posts
    • 112Thanks
    Bossworld
    Premium bonds cheque question
    • #1
    • 22nd Jun 09, 11:27 AM
    Premium bonds cheque question 22nd Jun 09 at 11:27 AM
    I've won £25 (only got £100 which I invested in April so result!), but they've sent a cheque out with my winnings. I know this will sound stupid but on a normal cheque, the person paying would sign it in the bottom right corner.

    On this one, there's a dotted line with 'signature of payee' written upon it. Is that for me to sign?

    Cheers

    Joe
Page 1
  • Baldur
    • #2
    • 22nd Jun 09, 11:46 AM
    • #2
    • 22nd Jun 09, 11:46 AM
    Yes - you are the payee.
  • Pssst
    • #3
    • 22nd Jun 09, 11:53 AM
    • #3
    • 22nd Jun 09, 11:53 AM
    Yes. If posting to your bank,dont forget to put your account on on the back.
    • Bossworld
    • By Bossworld 22nd Jun 09, 11:55 AM
    • 225 Posts
    • 112 Thanks
    Bossworld
    • #4
    • 22nd Jun 09, 11:55 AM
    • #4
    • 22nd Jun 09, 11:55 AM
    Thank you!
    • Arthurian
    • By Arthurian 22nd Jun 09, 1:29 PM
    • 586 Posts
    • 526 Thanks
    Arthurian
    • #5
    • 22nd Jun 09, 1:29 PM
    • #5
    • 22nd Jun 09, 1:29 PM
    I took one of these to my bank years ago, and the cashier insisted on seeing me sign it there and then in front of her, despite the fact that I had already signed it before setting off from home.
    • glider3560
    • By glider3560 22nd Jun 09, 1:55 PM
    • 2,947 Posts
    • 1,752 Thanks
    glider3560
    • #6
    • 22nd Jun 09, 1:55 PM
    • #6
    • 22nd Jun 09, 1:55 PM
    Prizes from NS&I aren't sent as cheques. They are in fact warrants. They are cleared by banks in the same way as a cheque, but due to how they work, they must be signed by the person receiving the funds instead of the person who is sending the funds.
  • smreynard
    • #7
    • 22nd Jun 09, 3:06 PM
    • #7
    • 22nd Jun 09, 3:06 PM
    I work in a large building society and we have these cheques paid in all the time. Some people have signed them and some haven't, they are all paid in and go through the same. Hope this helps!
    • KILL BILL
    • By KILL BILL 23rd Jun 09, 7:45 AM
    • 1,992 Posts
    • 1,260 Thanks
    KILL BILL
    • #8
    • 23rd Jun 09, 7:45 AM
    • #8
    • 23rd Jun 09, 7:45 AM
    when i received the warrant - havent won anything for a year now i just paid it in as a cheque without signing it
    • droopsnoot
    • By droopsnoot 24th Jun 09, 12:12 PM
    • 917 Posts
    • 585 Thanks
    droopsnoot
    • #9
    • 24th Jun 09, 12:12 PM
    • #9
    • 24th Jun 09, 12:12 PM
    Last time I paid one of these in, the bank person told me there was no need to sign it.
  • Dave101t
    i like signing it, its like 'yes i won, its for ME!'
    kick in the teeth at 25 quid tho...still, roll on july 1st!
    Target Savings by end 2009: 20,000
    current savings: 20,500 (target hit yippee!)
    Debts: 8000 (student loan so doesnt count)

    new target savings by Feb 2010: 30,000
    • DiggerUK
    • By DiggerUK 24th Jun 09, 1:54 PM
    • 2,518 Posts
    • 2,305 Thanks
    DiggerUK
    Bossworld,
    You can have winnings reinvested in more PB's, they will then only send you the warrant if you exceed the holding limit.
    So if you get a warrant in the post, you will know you've dropped a shed load!
    I am not now, nor have I ever been, a Financial Adviser.
    Forward, to the 'British Spring'
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