Cheque in Post

mrs_skint

Hi

Does anyone know how long it should take for a cheque to reach me? This is a claim for an accident last October. They raised a cheque last Friday but I haven't received anything in the post yet. I rang today and they said it goes to another department to be printed and that it should have been sent. If I don't receive it can I ask to be paid via bank transfer?

lisyloo

First class is 1-2 days, second class is 3+, there is no guarantee on either of these services.

Have you checked out the lift share databases to see if you can do a lift share?
This would be a lot cheaper than taxis?

Have you also considered a 0% loan?
I got a 0% loan in a few days with no fee.
Could this help you out of this situation??

mrs_skint

Thanks lisyloo - where did you find 0% loan?

lisyloo

I got mine from Ulster bank.
It was only a couple of weeks ago but looks like it's gone now.

However ICICI bank are doing 0% balance transfers with no fees.
http://www.icicibank.co.uk/credit_cards_charges.html

The full list is here, there are a relatively small number with no fees, others have 3% fees but that's still pretty good.

http://www.stoozing.com/0fees.php

Quentin

Anyone can get a 0% loan (for a short time) by delaying paying the bills (which don't have late payment penalties)!

LadyIndecisive

Usually when a cheque is requested by the claims handler it will need to be authorised before it is released - cheque process is usually several steps - handler requests cheque, team leader authorises cheque, request joins print queue and is then sent out. I expect you will have it tomorrow.

lisyloo

Anyone can get a 0% loan (for a short time) by delaying paying the bills (which don't have late payment penalties)!

I don't know the size of the loan the OP needs but this doesn't sound like a realistic plan for purchasing another car to me.

I borrowed £3K with one card for 6 months, so I think that is more reliastic.

FlameCloud

mrs_skint wrote: »

Hi

Does anyone know how long it should take for a cheque to reach me? This is a claim for an accident last October. They raised a cheque last Friday but I haven't received anything in the post yet. I rang today and they said it goes to another department to be printed and that it should have been sent. If I don't receive it can I ask to be paid via bank transfer?

At my old job, the procedure was-

1. Raise the cheque, send it to be authorised.
2. Depending on the amount of other stuff, and the size of the claim, this will take anywhere from 1 hour to a couple of days.
3. Send it to the print que
4. Wait their next print run
5. Post it.

Quentin

lisyloo wrote: »

I don't know the size of the loan the OP needs.

The op hasn't asked about needing a loan! My post was of course not intended as a way to borrow £3k! It was a way anyone can get an interest free short term loan - nothing more!

lisyloo

The op hasn't asked about needing a loan!

No she hasn't, but in the context of her problem (on another thread) I think it's a sensible suggestion.

She cannot sort out her car problem because of delays in the payment for her accident.
A 0% loan would enable her to sort it out now and then pay off later at absolutely no cost.

lisyloo

Anyone can get a 0% loan (for a short time) by delaying paying the bills (which don't have late payment penalties)!

Also worth noting that you might lose incentives for doing this.
There are often discounts for paying by direct debit e.g. Npower certainly used to offer up to £100 for dual fuel by Direct Debit.

Quentin may of course have meant that, but beware that discounts and penalties are not the same thing when talking to companies.

lisylo>> "hello BT...Can you tell me whether there is any penalty for paying by cheque"
BT >>"No madam there is no penalty".
lisyloo>>"are you certain"
BT>>"absolutely 100%"
lisylo>> "so if I pay by cheque it's the same cost as direct debit"
BT:>>it costs less if you pay by DD"
lisyloo>> "So how come you don't describe that as a penalty?"
BT>> "Because madam, it's not a penalty, it's a discount"
lisyloo >>"But you KNEW that I wanted to know if the cost was higher, why are you being difficult?"
BT >>"You didn't ask that madam, you asked if there was a penalty and I'm just a mindless call center bod who can only answer direct questions and not work out what you want to ask.....I'm not mystic meg you know......"