Too many know-it-alls on here who know very little.

Joe_Bloggs

Which law is being broken ? Where is this law written down ?
My word is my bond. I don't usually tell porkies!
J_B.

Hazzanet

http://www.thesun.co.uk/sol/homepage/news/money/article268456.ece

Slightly different as the account was closed.

http://www.theanswerbank.co.uk/Law/Civil/Question621191.html

One post states "Deliberately bouncing a cheque is an offence under Section 2 of the Fraud Act 2006, which covers 'fraud by false representation'. The 'false representation', in this case, would be the implication that the cheque would be honoured. The maximum penalty for the offence is 10 years imprisonment"

margaretclare

jonnyd281 wrote: »

Isn't it a criminal offence to write a cheque knowing that you don't have the funds available? Obtaining money or goods by deception? (Question not a statement of fact).

Yes. Statement of fact. It's fraud, if you do it knowingly.

I agree about being able to read and to appreciate the nuances of the English language!

missile

KJ2009 wrote: »

I recently asked a question about Guaranteed cheques because I was considering writing one (for £100) knowing that my funds cannot cover it when it clears. However, within 24 hours of that forced cheque a payment of £700 goes in my account. So basically it's naughty, but my bank nearly collapsed in September 2008 due to incompetent business practices. (I'm with the Halifax)

Anyway some know it all (who obviously spends an unhealthy amount of time here) basically staed that my chequebook, and guarantee card would be withdrawn by my bank for card misuse. That is not the case at all, because I rung them about it. If you cashed many cheques with no supporting funds then the alarm would certainly be raised at the bank, but one or two going through, when a regular income is paid into the account all you get is the extra charges for unauthorized overdraft.

When you have a query, you should endeavour to get the answer direct from the source of the query, not necessarily forums like this.

People are just giving their opinion.
It's a bit like asking your mates down the pub, a few may be experts some are not.
If you are so clever, why did you ask on the forum when it would be so much simpler to ask your bank:rotfl:??

ajharris

KJ2009 wrote: »

I recently asked a question about Guaranteed cheques because I was considering writing one (for £100) knowing that my funds cannot cover it when it clears. However, within 24 hours of that forced cheque a payment of £700 goes in my account. So basically it's naughty, but my bank nearly collapsed in September 2008 due to incompetent business practices. (I'm with the Halifax)

Anyway some know it all (who obviously spends an unhealthy amount of time here) basically staed that my chequebook, and guarantee card would be withdrawn by my bank for card misuse. That is not the case at all, because I rung them about it. If you cashed many cheques with no supporting funds then the alarm would certainly be raised at the bank, but one or two going through, when a regular income is paid into the account all you get is the extra charges for unauthorized overdraft.

When you have a query, you should endeavour to get the answer direct from the source of the query, not necessarily forums like this.

With all due respect it seems that you do not know a great deal either. Does the last paragraph mean that you will not be writing any more on this forum? Just for the record most people with knowledge are willing to share it, I believe that almost invariably the advice given on this forum is done with good intentions.:T

Mr.Mulla

KJ2009 wrote: »

Anyway some know it all (who obviously spends an unhealthy amount of time here) basically staed that my chequebook, and guarantee card would be withdrawn by my bank for card misuse. That is not the case at all, because I rung them about it. If you cashed many cheques with no supporting funds then the alarm would certainly be raised at the bank, but one or two going through, when a regular income is paid into the account all you get is the extra charges for unauthorized overdraft.

When you have a query, you should endeavour to get the answer direct from the source of the query, not necessarily forums like this.

Obviously this is a PUBLIC forum and you should know that. Most people here post their opinions and experiences about a certain topic. It is still up to you if you want to believe it or not.

If you have doubts, it is always best to ask your bank.

cajef

KJ2009 wrote: »

When you have a query, you should endeavour to get the answer direct from the source of the query, not necessarily forums like this.

If your opinion of posters here is that they are 'know-it-alls who know very little' why ask for advice again and put 'Any help appreciated' ?

http://forums.moneysavingexpert.com/showthread.html?t=2256853

Joe_Bloggs

Here is some advice from HMRC on post dated cheques.

HMRC will only accept a postdated cheque in the following circumstances:

• before your tax is due - where the cheque is for the full amount and it arrives by and is dated on or before the due date
• after your tax is due - where you have a prior arrangement with your HMRC office to settle your liability with post dated cheques

Because of the highly automated operations used for processing postal payments HMRC can only identify a postdated cheque if there is a letter with it.
If you don't send a covering letter HMRC won't recognise that the cheque is postdated and will present it straight away.

There does need to be trust between parties and clear instructions, otherwise it is a disaster waiting to happen.
J_B.