New e-account, but no cheque book

f_@_w_y

Dear All,

I have a quick question and I would apprecite your replies.

I am an Ex-icer. Now I am looking to put my £10,000 once I recieve that into NATWEST and Birmingham Midshires.

However they ask for a CHEQUE for an opening balance. I dont have any current accound that gives me a CHEQUE BOOK.

What shud I do????

Baldur

Ask your current account provider to issue you a corporate cheque for the opening amount(s)?

f_@_w_y

Baldur wrote: »

Ask your current account provider to issue you a corporate cheque for the opening amount(s)?

Dear Baldur,

Thanks for a prompt... coporate cheque... hmmm never heard of this terminology.

What is it????

opinions4u

Most banks can issue a bankers' draft or a building society can issue a building society cheque.

Some may charge around £12 for the service - many waive the fee if the cheque is payable to you personally.

Baldur

f_@_w_y wrote: »

coporate cheque... hmmm never heard of this terminology.

Corporate cheque='building society cheque', e.g. Nationwide:

For Nationwide Branch Corporate cheque withdrawals over £10,000 To request a Corporate cheque you'll need to visit your local branch with one piece of ID, e.g. your passport or driving licence (with paper counterpart). Subject to the Terms and Conditions of your account you can withdraw up to £500,000 per day with a corporate cheque.

f_@_w_y

can i use the cheques I get always with my credit card???

Baldur

f_@_w_y wrote: »

can i use the cheques I get always with my credit card???

Never used CC cheques, but don't they count as a cash advance and, therefore, attract high charges/interest?

f_@_w_y

Baldur wrote: »

Never used CC cheques, but don't they count as a cash advance and, therefore, attract high charges/interest?

Yeah, but can I use that... it will solve hell alot of trouble for me... otherwise I need to dial 0845 no. to contact the bank, wait for some time... bla bla bla....

Baldur

Just Googled CC cheques - sounds like a horrendous idea to me, e.g. http://www.guardian.co.uk/business/2006/sep/01/creditcards.debt
http://www.guardian.co.uk/money/2005/jan/08/creditanddebt.jobsandmoney

innovate

May be they would accept your debit card number instead of a cheque? Lots of accounts come with a 'no chequebook' option these days, even the last bank in the world should know by now.

Mikeyorks

Don't they specify the cheque has to be a personal cheque? As it forms part of their ID checks. In fact several go as far as declining a cheque from a joint account and insist the cheque account precisely matches the way the term deposit is being set up.

Bit dubious that a CC cheque meets the normal criteria ...... even more dubious that a counter cheque meets it as the account holder is the Bank. But they may agree a counter cheque made out to you ... if you provide additional ID to verify who you are (which the normal cheque does) as opposed to your address.

I would ring them