We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Banker's draft

2»

Comments

  • ginvzt
    ginvzt Posts: 4,878 Forumite
    1,000 Posts Combo Breaker
    cherry76 wrote: »
    Thanks, do they charge for issuing corporate cheque, I read the limit is £10,000, more than that you will have to ask CS.

    We didn't have to pay anything for this cheque - which was a bonus. We had A&L account, where we could get banker's draft, but we had to order that on telephone banking and it would be posted to us within X working days, which was not an option. Went to Nationwide and they did there and then without a fee!!! I think you should call them and discuss what you need - I found that they are very willing to help. (If the limit is £10k - what about 29 cheques :rotfl:)
    Spring into Spring 2015 - 0.7/12lb
  • oldagetraveller
    oldagetraveller Posts: 3,653 Forumite
    Would a Nationwide Building Society Cheque or "Corporate Cheque" be of any use as an alternative? http://www.nationwide.co.uk/search/DisplayArticle.aspx?article=1221 It' surely an acceptable alternative?
    I remember using one, from a different society, years ago to pay for a car.
  • regularsaver1
    regularsaver1 Posts: 4,930 Forumite
    LandyAndy wrote: »
    Things must have changed in the last two years. I stored the proceeds of my sale in a Halifax Instant Saver account for a short while. When I needed to pay my solicitor for my new purchase I went to my local branch and asked for a bankers draft and was told the normal counter cheque that they provide FREE OF CHARGE is a bankers draft. Sure enough it said bankers draft at the bottom and was treated as such by my solicitor. Perhaps it was because I was getting it from a savings account rather than a current account.


    Halifax don't charge for a draft is being withdrawn from a savings account because you do not have cheque book facility, but they do from a bank account because there is cheque book facility available. The fee is £10 from a bank account, so the answer os to transfer funds over into the savings first.

    But back to the OP - would CHAPS not be better anyhow
  • Trollfever
    Trollfever Posts: 2,051 Forumite
    Don't bother with any of the above, just print your own:


    http://www.universityofnigeria.com/check.htm
  • LandyAndy wrote: »
    You can't give your solicitor cash because of the money laundering regulations.

    Yes they can, they just have to prove where it came from
  • FraudBuster
    FraudBuster Posts: 931 Forumite
    If you visit a solicitor with a suitcase full of cash be prepared for some very heavyweight visits.
  • If you visit a solicitor with a suitcase full of cash be prepared for some very heavyweight visits.

    And you think that a transfer won't go unnoticed? try making a few 20K transfers and you will also be asked the odd question or two.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.2K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.3K Work, Benefits & Business
  • 601K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.