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Can I write a cheque to fund another account from the same bank?

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Comments

  • There is no such thing as free money unfortunately!
  • pqrdef
    pqrdef Posts: 4,552 Forumite
    From experience, I've found that whenever I cash a cheque that's come from another Lloyds account, the money is immediately available when I deposit it (not just showing in my account, but there to withdraw).
    It will only have taken the computer half a minisecond to check that the funds are actually available in the account the cheque is drawn on.

    If they were just being nice to you and taking the cheque on trust, it wouldn't need to be restricted to only Lloyds cheques.
    "It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis
  • thatsean
    thatsean Posts: 992 Forumite
    Gosh what a long way to ask if it's possible to 'bounce' a cheque to yourself.

    I'd suggest the DFW, and bugeting boards on here.
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