Cash for the Housebound

Andymoney_2

I have an elderly relative who cannot get to her bank branch. She needs cash to pay for visiting carers, services, etc. She does not want to burden local friends with the responsibility of regularly supplying her in return for cheques, etc. Does anyone know of an easy way to get cash to her that is secure?

jonesMUFCforever

She should give authority for one person to have access to her account.

If you think a bank will send money to her say through the post then that is a no no.

Why does she need to pay in cash - surely she can issue a cheque even without the cheque guarantee scheme.

Andymoney_2

She doesn't want to burden any one person with the responsibility of getting cash for her all the time.

Several people (e.g. carer, gardener, hairdresser) need paying on an ad hoc basis. Some of them do not have bank accounts and so cannot take cheques. Sadly with a lot of low paid people this is the real world.

Royal Mail Special Delivery insure contents of a packet up to 500 pounds for a fee of less than six pounds. It might be worth using that service for say 200 pounds at a time. Are there any banks that would send it that way?

custardy

Andymoney wrote: »

She doesn't want to burden any one person with the responsibility of getting cash for her all the time.

Several people (e.g. carer, gardener, hairdresser) need paying on an ad hoc basis. Some of them do not have bank accounts and so cannot take cheques. Sadly with a lot of low paid people this is the real world.

Royal Mail Special Delivery insure contents of a packet up to 500 pounds for a fee of less than six pounds. It might be worth using that service for say 200 pounds at a time. Are there any banks that would send it that way?

I would be surprised if any bank would entertain that(though banks do use SD for moving cash)
as for you examples of low paid folks with no bank account? come on
keeping it off the books yes but not because f low income

JuicyJesus

Some banks will send cash by post, but will charge a fairly hefty fee to do so.

Mojisola

Andymoney wrote: »

She doesn't want to burden any one person with the responsibility of getting cash for her all the time.

She may have no choice but to do this. What is her worry about it?

Lokolo

Andymoney wrote: »

She doesn't want to burden any one person with the responsibility of getting cash for her all the time.

Several people (e.g. carer, gardener, hairdresser) need paying on an ad hoc basis. Some of them do not have bank accounts and so cannot take cheques. Sadly with a lot of low paid people this is the real world.

Royal Mail Special Delivery insure contents of a packet up to 500 pounds for a fee of less than six pounds. It might be worth using that service for say 200 pounds at a time. Are there any banks that would send it that way?

Does cash count? I didn't think it did.

custardy

Lokolo wrote: »

Does cash count? I didn't think it did.

SD is RMs only service that covers cash
right up to £2500
In my old office the banks sent cash to a large office via SD
over £250,000 a day :eek:

alanq

If friends are willing to help, better to recompense friends for any inconvenience incurred by cashing cheques than pay a bank and Royal Mail to send cash.

I can understand why tradespeople will prefer not to be paid by cheque (bank charges, delay, risk of bouncing, inconvenience of taking to a bank ...- and for some to avoid paying tax or to avoid having benefits reduced) but I don't believe that they CANNOT accept cheques. Anyone can open a savings account into which cheques can be paid.

jonesMUFCforever

Forget banks sending money through the post - it will not happen.

DrSyn

1.If she cannot get to the bank,can she get to a nearby Post Office? Most of the major banks have a facility to withdraw money at the Post Office counter. She would need to use a card & pin.

2. If there is a subpost office nearby maybe the subpost master might be willing to deliver the money in return for the cheque (and a small fee)?

3. If she is house bound, someone she trusts withdrawing funds just once a month looks like the cheapest and easiest way.