The HALIFAX are charging me for MY MONEY!

grumbler

kenshaz wrote:

(1)Please do not answer a question with a question

I cannot answer a question that I don't understand

(2) Please do not use personal insults

What insults?

(3)Please do not make quotes that have no basis in fact,I never stated that I do not read T/Cs

However, you did state that it is normal not to read

(4) Profit means that share-holders get bigger dividends

However, when speaking about RECORD PROFITS you never compared them to number of shares and price of shares.

I care about those in debt .

I care to, but I can see differences.

(7) Speak on behalf of your-self ,that is your right and it is also mine,but allow others to form assumptions about your stance.

You (and others) are welcome to do this. Have I said anything against this?

(8) I suggest you spent more time reading your legal position and less time on posts(note--no personal remarks)

Thank you. Could I ask, what you mean by suggesting me to 'read my legal positions'?

(9) The principle of this site is that their are no stupid or useless posts,please refer if you doubt,that is what sets this site apart from others and encourages.

I haven't used word 'stupid'

...proportional is relative to the effort for return,and I stated what I felt was reasonable and proportinal

I thoroughly checked the thread again and cannot find anything besides endless inflexions of the word 'proportion'.
P.S. This is my last post in this thread. Feel free to say the final word :beer:

regularsaver1

any how petty arguments do not solve the OP query

if a customer has their own cheque book they are provided with then why should they get a draft for free

kenshaz

regularsaver1 wrote:

any how petty arguments do not solve the OP query

if a customer has their own cheque book they are provided with then why should they get a draft for free

Valid point

CopperPlate_2

kenshaz wrote:

Valid point

Ah I can see a recurring theme...

http://forums.moneysavingexpert.com/showthread.html?t=183522&page=1

thedjej

I know that this has been quiet for a while but..

back to the questions asked.

I do have a cheque book but that would take days to clear and the bank would profit from this

i could have paid via a switch card ...even though it was not a dealer garage, more a guy who had it for sale whos buisnes is van hire... subject to a fee to cover admin charges ... again the bank makes a profit

I needed the car there and then having no longer got any other means of transport so waiting for the cash to arrive would not be suitable.

Previous times when geting bank drafts from the same account has had no charges.. this was the first time a charge had been brought up.

so any other ideas please???

Mikeyorks

thedjej wrote:

Previous times when geting bank drafts from the same account has had no charges.. this was the first time a charge had been brought up.

so any other ideas please???

Halifax have been charging for drafts / counter cheques drawn on cheque bearing accounts for years - so it's hardly new. If you really object to £10 versus convenience - move the money into a Savings account and they will do a draft on that for free. Or pay cash with the attendant risk.

But don't you think this got a full airing 6 months ago!!!!

PBA

thedjej wrote:

i could have paid via a switch card ...[snip].. subject to a fee to cover admin charges ... again the bank makes a profit

This is a fee from the merchant rather than the bank. The fee the bank charge the merchant is unlikely to be more than 70p or so to process a debit card transaction. If the merchant charges you more than this it's them profiteering, not the bank.

What hasn't been mentionned before, a true bankers draft will have a phone number on the back for the payee to call to verify that it's a genuine draft that hasn't been cancelled. This is part of the reason that the bank charges a fee, as this extra level of security costs money to provide. The counter cheques that you get free on a savings account don't offer this service, although many merchants will accept them as bankers drafts.

The only way to decide if the fee is reasonable is by looking at the alternative. If you take cash then there is no fee, but if you lose it or get robbed on the way to the garage then you've lost it all. The draft costs £10, but if it gets lost the bank pay the money back into your account. If paying the extra £10 for the peace of mind is worth it then do it, if not don't but then you can't complain that the fee isn't reasonable, just that you don't believe it offers value for money. There are many many things that I don't think offer value for money, which is why I don't buy them

Kilty_2

Sorry this is WAY off topic but........ (inspired by post above)

Was told by someone who worked in a car dealership that they'd recieved a fake banker's draft once, the people had even set up an 0845 number claiming to be for the Bank of Scotland and actually "verified" the draft when it was called.

Only realised it was fake when the guy didnt have the balls to go through with it and had done a runner.