Can a cheque guarantee card be declined?

kevster1009

Tootsie_Roll wrote: »

OK Oracle - where do you get your information from that makes it so correct ?

On the 1/1000 occasion that the funds aren't in the account you have been caught out and will most likely be penalised. - NOT !

But the charges are illegal too, so we can get em back...great isnt it?

TBeckett100

Mikeyorks wrote: »

What you say there is quite true ......



But the above .... is total fantasy

THE card being taken is quite true, in my younger more foolish days I had someone come to my house at 7am on a sunday morning to collect it.

vinie

Hi this is a really old post but can't see why not still use it!
Basically I need a basic kit to do a job that will pay for that piece of equipment and a little more but don't have the funds to buy that piece which will enable me do the job (catch 22)!
so in a recession times and when an overdraft or a loan isn't an option available for me 'desperate times call for desperate measures' I'm considering buying the kit with a cheque and a guarntee card up to £100 although the item is worth a few hundred pounds, now if something goes wrong or if
I don't get paid for the job then what can happen other than the bank will charge me for misusing the card/cheques or even closing the account and black listing me at worst case?
I'm enquiring about the law/legal part of it..would I be jailed for that or would i be issued with a county court order to payback in installment and maybe recover my possessions (probably by the retaileror debt collection agency associated with it)!
although it would be kind to give me an advice to go ahead or not but thats not what I'm looking for here please. I just need to evaluate risks and reward myself by finding out worst case scenario (legal and law consequences) many thanks for the advice which I'm hoping will come from people who know what they're talking about and not just guessing or un-sure %99).

Regards

vinie

dzug1

Much better to start a new thread.

Your bank will either pay the cheque (if you have funds) or bounce it if you don't - unless it's prepared to give you an overdraft.

The cheque guarantee card is worthless in these circumstances - it will not guarantee the cheque at all. Nor will writing several cheques of £100 each. They will bounce too

vinie

dzug1 wrote: »

Much better to start a new thread.

Your bank will either pay the cheque (if you have funds) or bounce it if you don't - unless it's prepared to give you an overdraft.

The cheque guarantee card is worthless in these circumstances - it will not guarantee the cheque at all. Nor will writing several cheques of £100 each. They will bounce too

it is but something is telling me the retailer will accept it then I will owe the retailer the money! in that case what are the consequences?
I posted a new thread about it titled 'Will I go to jail for writting this cheque!,
hope not lol

thank you for the reply

dzug1

vinie wrote: »

it is but something is telling me the retailer will accept it then I will owe the retailer the money! in that case what are the consequences?
I posted a new thread about it titled 'Will I go to jail for writting this cheque!,
hope not lol

thank you for the reply

If the retailer accepts it that's his lookout.

What will happen depends on him - if you pay up within a reasonable time, then probably nothing. But if he turns nasty and reports you for fraud - then just possibly.

Hazzanet

Jersy wrote: »

i disagree..

our systems come up as "call mr robinson" when its a stolen/cancelled card.. basically so that the operater doesnt flap about and start shouting stolen card.

When I worked in a certain large supermarket, there were 6 distinct things things that used to come on the screen when people used a card:

1. Card not accepted.
2. Card accepted 999999
3. Auth Code: 123456
4. Declined
5. Call Auth Centre
6. Retain Card

Hazza

savagej

ASDA by any chance, when you were below their floor limit the accepted auth code was all the 9's. But since chip and pin came in it changed.

savagej

In a situation where a cheque is bounced when guaranteed properly there is a template letter I found on the net, I am sure it is on a rival site CAG. It asks the bank to outline EXACTLY why the cheque guaranteec failed. So they cannot come back and just give you the standard it was not guaranteed properly. They must state "not date correctly", "more than one cheque for the same transactions", etc. On most of these occasion the banks are trying it on, hoping you wont challenge the matter in court and just accept you lost the money; because they are losing thousands because someone decided to abuse a cheque book and card. Unless you were party that abuse the cheque MUST be paid, regardless of what the bank does or does not want if the guaranteed procedure was followed and 99% of the time it is.

If all this fails, simply take the bank to court, if it was guaranteed properly and they are bouncing it you have a valid claim and they will have to pay your costs. The cheque itself is proof you are owed money, in law.

forgot to say if it come to court make it a conjoined claim. i.e You-v-Bank of Whoever-v-MR/MISS X so that all parties liabilites are examined.

Hazzanet

savagej wrote: »

ASDA by any chance, when you were below their floor limit the accepted auth code was all the 9's. But since chip and pin came in it changed.

Yup, I left in 2002 just after SMART came in, but before C&P. I recall that only "Switch" did the '9's thing. Visa/Delta & MC all sought an auth code.