Main site > MoneySavingExpert.com Forums > Essential Money > Budgeting & Bank Accounts > Intelligent Finance - How do you pay in cheques (Page 1)

IMPORTANT! This is MoneySavingExpert's open forum - anyone can post

Please exercise caution & report any spam, illegal, offensive, racist, libellous post to forumteam@moneysavingexpert.com

  • Be nice to all MoneySavers
  • All the best tips go in the MoneySavingExpert weekly email

    Plus all the new guides, deals & loopholes

  • No spam/referral links
or Login with Facebook
Intelligent Finance - How do you pay in cheques
Closed Thread
Views: 18,889
Thread Tools Search this Thread Display Modes
# 1
crazy_guy
Old 03-10-2007, 7:52 PM
Serious MoneySaving Fan
 
Join Date: Dec 2005
Posts: 808
Default Intelligent Finance - How do you pay in cheques

I've looked over the intelligent finance website and cant seem to find how you pay in cheques - i went to halifax today and they said that they couldnt pay in the cheques and i would have to send them off but to a address i dont know! Any help?
crazy_guy is offline
Report Post
# 2
merlinthehappypig
Old 03-10-2007, 8:07 PM
Serious MoneySaving Fan
 
Join Date: Jun 2007
Posts: 1,065
Default

You can't normally unless you find a helpful Halifax or Bank of Scotland branch (I think they are all Halifax in England?) We had no problems paying in at the local Bank of Scotland in Scotland, though paying in cash was a pain because they treated it as a cheque so needed at least a week from paying it in for it to clear.

On moving to England the Halifax flatly refused to let us pay in cheques even though they are the same group. Downright snotty they were and the upshot is I closed the IF account and vowed never to have anything to do with Halifax again.

Answer is you have to post them. If you ring IF they will send you some envelopes, but be aware that they take a few days to register on your account, then take 5 working days to clear.

Can't see any advantage with IF anymore - it was fine when they were one of the only internet accounts, but now everyone does it
merlinthehappypig is offline
Report Post
The Following User Says Thank You to merlinthehappypig For This Useful Post: Show me >>
# 3
M Thomson
Old 03-10-2007, 10:39 PM
Serious MoneySaving Fan
 
Join Date: Jun 2003
Posts: 1,566
Default

Quote:
Originally Posted by chriseast View Post
You can't normally unless you find a helpful Halifax or Bank of Scotland branch (I think they are all Halifax in England?) We had no problems paying in at the local Bank of Scotland in Scotland, though paying in cash was a pain because they treated it as a cheque so needed at least a week from paying it in for it to clear.

On moving to England the Halifax flatly refused to let us pay in cheques even though they are the same group. Downright snotty they were and the upshot is I closed the IF account and vowed never to have anything to do with Halifax again.

Answer is you have to post them. If you ring IF they will send you some envelopes, but be aware that they take a few days to register on your account, then take 5 working days to clear.

Can't see any advantage with IF anymore - it was fine when they were one of the only internet accounts, but now everyone does it
Its not a problem with Halifax being snotty. If is not a branch based account and Halifax is not a clearing bank. IF is a Subsidary of HBOS and is run seperate to Halifax and BOS. There is no possible way for Halifax to accept credits to IF accounts using a bank Giro system that clearing banks use. BOS which is part of HBOS like Halifax is a clearing bank and that explains why they could take the credits for IF. When you got a welcome Pack from IF surely it would have explained all this.
M Thomson is offline
Report Post
The Following User Says Thank You to M Thomson For This Useful Post: Show me >>
# 4
merlinthehappypig
Old 04-10-2007, 7:52 AM
Serious MoneySaving Fan
 
Join Date: Jun 2007
Posts: 1,065
Default

Quote:
Originally Posted by M Thomson View Post
Its not a problem with Halifax being snotty. If is not a branch based account and Halifax is not a clearing bank. IF is a Subsidary of HBOS and is run seperate to Halifax and BOS. There is no possible way for Halifax to accept credits to IF accounts using a bank Giro system that clearing banks use. BOS which is part of HBOS like Halifax is a clearing bank and that explains why they could take the credits for IF. When you got a welcome Pack from IF surely it would have explained all this.
It wasn't the fact that they wouldn't do it, it was their attitude. I had rung the Halifax's customer help line before going 25 miles to the nearest branch and they had said I could pay into IF no problem (I'd just moved from Scotland so wasn't aware of the difference between Halifax and BOS).

They were downright rude. I appreciate that not all Halifax staff are like that, but you make decisions based on experience. This wasn't an experience i'd want to repeat.

IF may have explained this in their welcome pack, but I opened the account over 7 years ago. When I rang them, they also said Halifax would be o.k. to pay in at. They also repeatedly told me that they were going to do something about the cheque/cash paying in problem, but still haven't.
merlinthehappypig is offline
Report Post
The Following User Says Thank You to merlinthehappypig For This Useful Post: Show me >>
# 5
roddydogs
Old 04-10-2007, 8:03 AM
Fantastically Fervent MoneySaving Super Fan
 
Join Date: Jul 2007
Posts: 5,155
Default

Had the same problem 3 years ago the daft thing is u get the paying in slips with the checkbooks, but cant use them.
roddydogs is offline
Report Post
# 6
YorkshireBoy
Old 04-10-2007, 8:04 AM
Deliciously Dedicated Diehard MoneySaving Devotee
 
Join Date: Nov 2004
Posts: 23,302
Default

Quote:
Originally Posted by chriseast View Post
IF may have explained this in their welcome pack, but I opened the account over 7 years ago.
Even if you've misplaced your T&C's, they're readily available on their website...
Quote:
A.6.3 You cannot pay cash or cheques into your Intelligent Finance plan using a cash dispenser or at a Halifax or Bank of Scotland branch or agency counter.

http://www.if.com/info/IFtcs.pdf
YorkshireBoy is offline
Report Post
The Following User Says Thank You to YorkshireBoy For This Useful Post: Show me >>
# 7
merlinthehappypig
Old 04-10-2007, 11:54 AM
Serious MoneySaving Fan
 
Join Date: Jun 2007
Posts: 1,065
Default

Quote:
Originally Posted by YorkshireBoy View Post
Even if you've misplaced your T&C's, they're readily available on their website...
That's not the case, whatever their website says. I lived in Scotland for 4 years and had absolutely no problem paying in cheques and cash at any of my local BOS branches.
merlinthehappypig is offline
Report Post
# 8
YorkshireBoy
Old 04-10-2007, 12:17 PM
Deliciously Dedicated Diehard MoneySaving Devotee
 
Join Date: Nov 2004
Posts: 23,302
Default

Quote:
Originally Posted by chriseast View Post
That's not the case, whatever their website says. I lived in Scotland for 4 years and had absolutely no problem paying in cheques and cash at any of my local BOS branches.
That may have been the case then, but the account condition A.6.3 changed in 2004 to include BOS branches. The earlier (pre-2004) T&C's simply stated...
Quote:
A.6.3 You cannot pay cash or cheques into your Intelligent Finance plan using a cash dispenser or at a Halifax plc branch or agency counter.

http://www.if.com/info/terms.pdf
YorkshireBoy is offline
Report Post
The Following User Says Thank You to YorkshireBoy For This Useful Post: Show me >>
# 9
merlinthehappypig
Old 04-10-2007, 4:08 PM
Serious MoneySaving Fan
 
Join Date: Jun 2007
Posts: 1,065
Default

Quote:
Originally Posted by YorkshireBoy View Post
That may have been the case then, but the account condition A.6.3 changed in 2004 to include BOS branches. The earlier (pre-2004) T&C's simply stated...
Hi. I don't want to get into a lengthy debate about this, but I was still paying in cheques to IF via BOS branches in March this year. Have paying-in stubs to prove it. Guess it depends where you live?
merlinthehappypig is offline
Report Post
# 10
regularsaver1
Old 04-10-2007, 7:00 PM
Fantastically Fervent MoneySaving Super Fan
 
Join Date: Jan 2006
Posts: 4,837
Default

BOS use a slgihtly different computer system to Halifax and as M Thompson says - BOS are a clearing bank, where as Halifax are not (can not pay bills/giro's)

At the end of the day, IF is an internet bank

If posting, be careful with the postal strikes at present
regularsaver1 is offline
Report Post
# 11
Heng Leng
Old 04-10-2007, 10:35 PM
Serious MoneySaving Fan
 
Join Date: Mar 2005
Location: Rexburg
Posts: 1,962
Lightbulb

I'm confused :confused:

Isn't Halifax not just a trading name of Bank of Scotland PLC now?

I thought that the idea of the change of structure, and the new bank notes that BoS recently issued?

Surely that means that it is a clearing bank?
Heng Leng is offline
Report Post
# 12
Melly31
Old 05-10-2007, 1:09 AM
MoneySaving Convert
 
Join Date: Oct 2006
Posts: 91
Default

Hi,

I have an account with Intelligent Finance & you do have to post cheques to them.
Alternatively you can take them into your local post office who will post them free of charge & give you a receipt.
Hope that's helped?

Mel.
Melly31 is offline
Report Post
The Following User Says Thank You to Melly31 For This Useful Post: Show me >>
# 13
regularsaver1
Old 06-10-2007, 11:18 AM
Fantastically Fervent MoneySaving Super Fan
 
Join Date: Jan 2006
Posts: 4,837
Default

Quote:
Originally Posted by Heng Leng View Post
I'm confused :confused:

Isn't Halifax not just a trading name of Bank of Scotland PLC now?

I thought that the idea of the change of structure, and the new bank notes that BoS recently issued?

Surely that means that it is a clearing bank?
No, they had to change their banking licence only

Halifax are still not a clearing bank - and are still separate in their own right, as IF and BM are
regularsaver1 is offline
Report Post
# 14
s1h
Old 11-10-2007, 10:27 PM
MoneySaving Stalwart
 
Join Date: Feb 2007
Posts: 476
Default

I now have 3 cheques I need to pay into my Intelligent finance account.

Where do I send them to? What address? The cheque book has paying in slips with it so I imagine I send one of those with the cheques but dont know where to their website doesnt cover it.

What I do find strange is although you cant pay it in at a branch the paying in slips have a bit for a cashiers stamp.
s1h is offline
Report Post
# 15
regularsaver1
Old 12-10-2007, 6:29 PM
Fantastically Fervent MoneySaving Super Fan
 
Join Date: Jan 2006
Posts: 4,837
Default

http://www.if.com/info/contactus.asp

why don't you phone them
regularsaver1 is offline
Report Post
# 16
will-in-estoril
Old 18-07-2008, 9:50 AM
Serious MoneySaving Fan
 
Join Date: Aug 2004
Location: No longer reside on this forum
Posts: 838
Default

When I changed my direct debits to my new current account from IF a few years back they sent me a list of the instructions. What was interesting was that at the top of the page was a roll number, the type Halifax use.

Halifax had previously told me that they could accept payments into my IF account only with a roll number, something which IF had never previously provided.
RIP independent MSE.
Died 1st June 2012

Last edited by will-in-estoril; 19-07-2008 at 9:08 PM.
will-in-estoril is offline
Report Post
# 17
veryunsure
Old 18-07-2008, 12:26 PM
MoneySaving Stalwart
 
Join Date: Aug 2007
Posts: 242
Default

I pay the cheque into a current account at a high street bank (HSBC in my case) and then transfer the money electronically into my IF account.

Easier than waiting for the post!
veryunsure is offline
Report Post
The Following User Says Thank You to veryunsure For This Useful Post: Show me >>
# 18
sharpnsnazzy
Old 29-10-2009, 6:07 PM
MoneySaving Newbie
 
Join Date: Oct 2009
Posts: 1
Default

Are you guys serious? It took me 10 seconds to find out. Send it to PO BOX 17316, Edinburgh, EH 12 1AY. At the back of the Cheque write Plan Number and Account Number and Sort Code. Hey presto. Now go out and play!
sharpnsnazzy is offline
Report Post
Closed Thread

Bookmarks
 
 




Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

 Forum Jump  

Contact Us - MoneySavingExpert.com - Archive - Privacy Statement - Top

Powered by vBulletin® Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.

All times are GMT +1. The time now is 1:09 AM.

 Forum Jump  

Free MoneySaving Email

Top deals: Week of 22 October 2014

Get all this & more in MoneySavingExpert's weekly email full of guides, vouchers and Deals

GET THIS FREE WEEKLY EMAIL Full of deals, guides & it's spam free

Latest News & Blogs

Martin's Twitter Feed

profile

Cheap Travel Money

Find the best online rate for holiday cash with MSE's TravelMoneyMax.

Find the best online rate for your holiday cash with MoneySavingExpert's TravelMoneyMax.

TuneChecker Top Albums

  • ED SHEERANX (DELUXE EDITION)
  • ELLA HENDERSONCHAPTER ONE (DELUXE VERSION)
  • STATUS QUOAQUOSTIC (STRIPPED BARE)

MSE's Twitter Feed

profile
Always remember anyone can post on the MSE forums, so it can be very different from our opinion.
We use Skimlinks and other affiliated links in some of our boards, for some of our users.