Nationwide charging to draw cheque?!

ses6jwg

Virtually all banks charge to draw a counter cheque on a bank account because the facility is there to write your own!

McKneff

Fenchurch1981 wrote: »

McKneff - :rotfl:no. She can't use the internet. She struggles to turn on a computer at all! We have tried to teach her but no dice. in her defence she is nearly 73!

Ahh bless, still, youre never too old to learn but if she doesnt want to then you cant force her.

Does the bank not issue cheque books, mind just one cheque book would probably last years lol

samwsmith1

Fenchurch1981 wrote: »

McKneff - :rotfl:no. She can't use the internet. She struggles to turn on a computer at all! We have tried to teach her but no dice. in her defence she is nearly 73!

We got my Grandad online at the grand age of 80! When he phoned the bank up the guy was very surprised that he was using online banking - he must be in the minority for his age though.

Chrisblue1962

This does not surprise me...Nation-snide are rapidly becoming a cross between Santander and Ryanair :mad: ...you can guess that I no longer do business with Nation-snide.

Red_Cat

Sounds like the beginning of the end of free banking. I remember a time when Nationwide looked after its members, not since 2006 has that happened.

McKneff

I'm a shareholder but i object to the greed of any banks that look for just about anything to charge for.

pinkdalek

McKneff wrote: »

I'm a shareholder but i object to the greed of any banks that look for just about anything to charge for.

Try banking abroad you'll find in many countries there is no such thing as free banking for personal customers like we have in the UK.

Nationwide like any bank offer a cheque account with a cheque book facility completely free.

This thread is like something you would read in the Daily Mail.

Get a life.

katy2

Think they have been charging for a while. I wanted a cheque writtren a while ago and was surprised to be told it now cost a tenner. I got round it though by just transferring the funds to my current account and then writing cheque myself. It was for an amount over 1K.

Thrugelmir

Red_Cat wrote: »

Sounds like the beginning of the end of free banking.

Myth. Banking is not free.

The cost of current account operation is recouped (or should I say was) elsewhere with cross subsidy from other products and services.

opinions4u

I find it a little uncomfortable that a building society, effectiely a savings and mortgage company, should charge a member to withdraw their own money from a savings account. Bank accounts and other non-traditional building society services - fair game I say. But when cash or cheque are the only ways to withdraw - I think it should be something accounted for in the price of the account (interest rate set).

That said, £15 is an exceptionally small amount to withdraw and I can understand Nationwide's reluctance to draw a cheque for such a tiny sum. I suppose what they're saying is £1,000 or less take cash, over £1k it's a cheque.

If it is a national charity that was to benefit from the money, it's likely that most banks and larger building societies have a collecting account for them. Perhaps the option of simply transferring the cash to them free of charge existed. Or withdrawing the cash and paying it in via the charity's own bank.