Will my Nationwide statement show the name of the person i sent a cheque to?

Goldiegirl

I work for a tiny bank, and even a tiny bank like us doesn't put the payees name on the statement.

For us an average days clearing is between 2500 to 3500 cheques. Even for that amount of cheques it'd take for ever to manually enter names on to the system .... I can't imagine any bank would have the manpower to do this.

EarthBoy

Moomum wrote: »

Our bank shows the name of who we sent the cheque to on the statement and in online banking, but not the app.

Are you sure you're not getting confused with debit card payments?

Dr_Cuckoo3

Wesleyan Bank and Wetherbys Bank offer cheque payee details on statements

http://www.weatherbysbank.com/racing-services/current-accounts

innovate

Dr_Cuckoo3 wrote: »

Wesleyan Bank and Wetherbys Bank offer cheque payee details on statements

http://www.weatherbysbank.com/racing-services/current-accounts

Quaint.......................................................................

Dr_Cuckoo3

EarthBoy wrote: »

Cheques are sorted by machines which just read the sort code and account no. Your bank could only show the name of the person you'd paid if the cheque was sorted and input manually, and providing that they could read your handwriting. This would be extremely expensive to implement, so it's never going to happen.

Harrods Bank forwards paid cheques to its account holders as a matter of routine free of charge

Dirk_Gently_2

I think it's only the high-end, speciality/private banks that do this. For the reasons stated above it's got to be a manual process, so it's expensive.

Coutts Private Bank do it and presumably their competitors, but not the sort of stack 'em high and sell 'em cheap banks that the likes of you and I use.

JuicyJesus

Dr_Cuckoo3 wrote: »

Harrods Bank forwards paid cheques to its account holders as a matter of routine free of charge

Well, they have to justify their extortionate fees somehow. They are the only UK bank I can think of that has transaction charges on personal accounts. And they are very much stuck in the past.

EDIT: And they charge £25 for a replacement debit card! Anyone who's with them is a moron. No ifs, no buts.

Dr_Cuckoo3

JuicyJesus wrote: »

Well, they have to justify their extortionate fees somehow. They are the only UK bank I can think of that has transaction charges on personal accounts. And they are very much stuck in the past.

EDIT: And they charge £25 for a replacement debit card! Anyone who's with them is a moron. No ifs, no buts.

Isn't it free banking if a balance of £5,000 is maintained ? (apart from card replacements)


(Nationwide charge for card replcements )

opinions4u

Dr_Cuckoo3 wrote: »

Isn't it free banking if a balance of £5,000 is maintained ?

So £150 a year in lost interest. Chunky fee!

veryintrigued

Not a chance of this.

Earlier this year my OH accidently (well she reckons so!!) used my NW chequebook rather than hers. The cheque cleared fine (much to my surprise when I looked at a strange transaction on my account).