We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

RDPR Cheque banking code

Options
Does anyone know please what the code of practice is for how many times a cheque payable to yourself can keep being represented by the debtors bank before it gets returned back? It has happened to me seven times for the same cheque in the last month.

Comments

  • rach29
    rach29 Posts: 2,503 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    WHen I worked for a bank the normal practice was to "bounce" twice RDPR and then RD for the third time. It seems odd that a bank would pass it seven times. I would contact the person who gave you the cheque & ask them to stop it and pay you through another method. It must be costing them a fortune!!
    Thanks to all who post comps :A :T
  • It may have been the bank did bounce it RD and the payee kept on trying it again and again in the hope it got paid.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.9K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.5K Spending & Discounts
  • 243.9K Work, Benefits & Business
  • 598.7K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.