Using POST OFFICE to pay into CO OP Bank?

dzug1

Gatser wrote: »

Easy... the logic is:
* paying in via PO/COOP failed to deliver acceptable service level
* I do not wish this to happen again
* therefore do not use PO/COOP again!

That's poor logic - you are generalising from a particular instance

innovate

Gatser wrote: »

Easy... the logic is:
* paying in via PO/COOP failed to deliver acceptable service level
* I do not wish this to happen again
* therefore do not use PO/COOP again!

Have you changed your recommendation now to say do not use either the POA nor the Coop?

Clive_Woody

Gatser wrote: »

Your choice, your risk!
I wish you well...;)

As already stated even when paying in at a branch items can be lost.

If you find an infallible system please let me know, but it seems you've had one problem and decided to give up on the Post Office. I've paid in money loads of times at the Post Office with no problem so I have no concerns that the vast majority of the time this process works just fine.

I understand your desire for perfection but I suspect you are going to be disappointed.

Gatser

dzug1 wrote: »

That's poor logic - you are generalising from a particular instance

It's my particular instance
It's my logic
It's your choice if you do otherwise... I wish you well

Gatser

innovate wrote: »

Have you changed your recommendation now to say do not use either the POA nor the Coop?

Nope!
...but I wish you well

Gatser

Clive_Woody wrote: »

As already stated even when paying in at a branch items can be lost.

If you find an infallible system please let me know, but it seems you've had one problem and decided to give up on the Post Office. I've paid in money loads of times at the Post Office with no problem so I have no concerns that the vast majority of the time this process works just fine.

I understand your desire for perfection but I suspect you are going to be disappointed.

I agree... so I aim to minimise my disappointments.
If you are putting through lots of transactions I can appreciate that one or two delays is no big deal... I put through just 2 and both were unacceptable IMHO.

Hominu

Easier still, instead of using either the co-op or the PO, you could simply pay your cheque into your Paypal account by taking a photograph of it and then withdrawing to your bank account.

SuperAllyB

Gatser wrote: »

Over TWO WEEKS after paying in my cheque to the Post Office, it has appeared on my Co Op Bank statement!


CONCLUSION: Avoid using Post Office for Bank Deposit transactions!

Lucky you. My problem although similar is with Santander who maintain that you can no longer use the deposit envelope over the counter at a PO without a stamp, despite me never having been informed, and also that both the PO website and my local PO would suggest that it is still a valid way of depositing a cheque!

Hominu wrote: »

Easier still, instead of using either the co-op or the PO, you could simply pay your cheque into your Paypal account by taking a photograph of it and then withdrawing to your bank account.

Never heard of this and can't find it on Paypal website. How does it work and how secure is it? Would be great for me, as even the PO is a fair distance.

Gromitt

SuperAllyB wrote: »

Never heard of this and can't find it on Paypal website. How does it work and how secure is it? Would be great for me, as even the PO is a fair distance.

I've found it on Paypal's site via Google, but it doesn't appear to be for the UK, more USA. That would make sense as there are banks in the US which also allow you to deposit cheques by taking a photograph of them with their internet banking app.

I don't think UK banks are that good yet.

EDIT: It seems that its not the banks, but the UK banking regulation that prevents it: http://www.dailymail.co.uk/news/article-2351397/How-soon-pay-cheques-just-taking-picture-phone.html

SuperAllyB

Gromitt wrote: »

I've found it on Paypal's site via Google, but it doesn't appear to be for the UK, more USA. That would make sense as there are banks in the US which also allow you to deposit cheques by taking a photograph of them with their internet banking app.

I don't think UK banks are that good yet.

EDIT: It seems that its not the banks, but the UK banking regulation that prevents it: http://www.dailymail.co.uk/news/article-2351397/How-soon-pay-cheques-just-taking-picture-phone.html

Thanks. The USA bit was all i could find too. Would be a useful tool, and presumably security must be fairly robust if they havbe been using it stateside for 4+ years,