cashing my sons cheque

JuicyJesus

Legally speaking, the money belongs to your child, as the cheque is made payable to him. If it's crossed account payee only, and that crossing isn't cancelled (crossed through and signed next to by the people who made the cheque out) it has to be paid into an account in that name. Similarly, you can't pay cheques in joint names into a sole account as well.

The intentions of the people who made the cheque out don't really matter. Your bank may accept it at their discretion if it's a small amount and a one-off, but they rightfully shouldn't.

If you really need to get at the funds, instant access accounts for children are widely available.

CLAPTON

it's reasonanbly likely that a 2 year with relatives is likely to be given cheques in the future

so the issue is likely to recur

so better to solve the issue now by opening a suitable account for the child

snagglepuss16

eschaton wrote: »

It looks like the people that gave the cheques did it deliberately so that you wouldn't waste the cash on crap or pay your bills with it.

Good on them for thinking of your son !

how would you know what they think?thanks for insinuating that i spend my childs money on things for myself. I have no problems paying my bills, i could clear my debts off at once if i wanted to, not that it would matter to you, just because i have debts doesnt mean i cant afford to pay them.

anyway it was only a question I asked and i would of appreciated a civil answer. Giving me the advice i needed would of helped me more than your put downs.

let those without sin cast the first sin and all!!!

snagglepuss16

mark88man wrote: »

OMG what a lot of sanctimonious twaddle from you posters. you should be ashamed for giving the OP such a hard time - if I was a two year old I would want the money now spent on toys for me now. not shoved into some trust fund until I was 18.

if I gave a cheque for a two year old I would regard it as completely and utterly up to the parent/guardian to sort it out (I would be upset if it went on beer, but other than that its not my business). you assume that the donor knows detailed financial arrangements operating inside the house and you assume other people are as controlling as you are.

as for owing Next £600 - what website do you think you are on - www.iamsogoodwithmoneythatIcanhectoranyoneelse.com . give the OP a break

I cant thank you enough for fighting my corner:beer:

eschaton

snagglepuss16 wrote: »

i could clear my debts off at once if i wanted to, not that it would matter to you, just because i have debts doesnt mean i cant afford to pay them.

1700 on other half cc and 600 on next. oops!!!!

Yeah right - even have debt under other people's names and now you are trying to snatch your sons presents.

welshmoneylover

I paid all of my children's birthday/xmas/gift money into their accounts. As university is looming on the horizon I'm so glad I did (and so are they).

For their needs, I use my child benefit for them.

[Deleted User]

mark88man wrote: »

what website do you think you are on - www.iamsogoodwithmoneythatIcanhectoranyoneelse.com

I tried visiting that website, it doesn't seem to be working. Can you post here what you're referring to?

freezspirit

I know it might not help now since Banks might of changed their rules. But I had a similar thing happen to me when I was about 4 so 25 years ago. A relative sent a cheque in my name as a joint birthday/Christmas gift. I didn't then have a bank account and the only photo id I had was that I was in my mothers passport. So we went into Barclays with the cheque and passport. The bank manager was happy to cash the cheque into my mothers account as the passport was proof that she was my parent/legal guardian. It wasn't until I was about 6 or 7 that I had my own account as I had my own passport.

snagglepuss16

eschaton wrote: »

Yeah right - even have debt under other people's names and now you are trying to snatch your sons presents.

get a life, its my partners and my debt. snatch my sons presents, where the hell does wanting to but him things with the money mean im snatching his money. surely if i was so desperate for the cash i would just open up a bank account, cash the cheque then withdraw the money and buy myself useless tat. Who died and made you money lord.
i've decided to just put the money in his trust fund, which i have a direct debit set up to pay a set amount into each month. why would i do that if i needed the money so bad. i dont even know why im justifying myself to a horrible human being

snagglepuss16

welshmoneylover wrote: »

I paid all of my children's birthday/xmas/gift money into their accounts. As university is looming on the horizon I'm so glad I did (and so are they).

For their needs, I use my child benefit for them.

not everyone can afford to do this though so please be considerate. also as my son is only 2. university is a long way off and it was only £70 so his savings would of had a little bit more but hardly a life saving amount.