a cheque from a stranger ?

opinions4u

Dr_Cuckoo3 wrote: »

it's quite common with building society personal accounts and Northern Ireland banks

http://www.thetipton.co.uk/home/savings/tariff-of-charges

Cheques returned unpaid £15.00
http://www.darlington.co.uk/108-Society-administration-fees.html

£25

http://www.firsttrustbank.co.uk/servlet/ContentServer?pagename=FTPersonalPortal/FTContent_C/ft_download&c=FTContent_C&cid=1245399006381&channel=P004

£6

I thought there might be one or two small players that did this, but £25 from a nice friendly building society? Wow! I remember Halifax charging a fiver in the early nineties but it generated complaints that massively outweighed the fee income.

As for Northern Ireland, the banking market there is a world of its own!

innovate

Dr_Cuckoo3 wrote: »

it's quite common with building society personal accounts and Northern Ireland banks

http://www.thetipton.co.uk/home/savings/tariff-of-charges

Cheques returned unpaid £15.00
http://www.darlington.co.uk/108-Society-administration-fees.html

£25

http://www.firsttrustbank.co.uk/servlet/ContentServer?pagename=FTPersonalPortal/FTContent_C/ft_download&c=FTContent_C&cid=1245399006381&channel=P004

£6




Fee charged to drawer

I stand corrected - - this is quite incredible!

More reason than ever not to accept a cheque from anyone. Not that I can remember anyone offered me a cheque payment since the advent of internet banking.

Thanks to catokelly to making me aware of some ancient preying banking practices still lying in wait for the unsuspecting customer!

Abbafan1972

Any updates on this?

Macca83_2

I remember questioning the charge for the drawer if a cheque deposited was returned unpaid. I was told that it was up to the drawer to ensure that the cheque was from a responsible source before they banked it.

This was a good number of years ago but i remember thinking what a load of bull poop.

anamenottaken

Macca83 wrote: »

I remember questioning the charge for the drawer if a cheque deposited was returned unpaid. I was told that it was up to the drawer to ensure that the cheque was from a responsible source before they banked it.

This was a good number of years ago but i remember thinking what a load of bull poop.

Seems we are getting confused about drawer and payee here.

The drawer doesn't bank the cheque, the payee does.

Ms_Chocaholic

I cancelled a whole cheque book once with my bank (Abbey, says it all), unfortunately the dim wit cancelled the first cheque in my new book which I then subsequently used to pay my child's membership fees for a local sports club. The sports club were charged £25 or so as they presented a dud cheque; which I had then to get back off Abbey as it was their error.

trevorsminted

The postman delivered this morning and your son has banked it already

Hmm me thinks your son knew not for him but got ideas :T i would have advised my son not to bank until checked for honest purposes unless of course he is in the habit of receiving large cheques from businesses!!!

innovate

trevorsminted wrote: »

The postman delivered this morning and your son has banked it already

The OP posted at 3:43pm. Why would you suggest it wouldn't be feasible to receive a cheque in the post in the morning and to put it in the bank by the afternoon? Why would you suggest the son "knew" something? Why would you suggest the son asked anyone before going to the bank?

NFH

Gromitt wrote: »

I know someone at work who changes the last two letters of their post code (for example, they use BB for barclays bank). No post gone missing yet.

I always put the correct full post code but change the road address slightly.

Changing the postcode is just stupid, as it's the primary routing instruction for mail, which will cause delays, even if the post doesn't ultimately go astray. A better approach is to create a varying house name, as that is ignored by the Royal Mail (unless you don't have house numbers in your road).