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Stolen Cheque - advice needed?
jazzy
Posts: 1,103 Forumite
My daughter had her purse stolen yesterday, one of the contents was a cheque made out to her from myself for the value of £40.
I called at my HSBC bank today to see if I could cancel this cheque, unfortunately HSBC have a charge of £12 to cancel cheques, even stolen cheques (unlike other banks). HSBC inform me that it is very unlikely that someone else could cash the cheque. Is this true? or should I pay the cancellation fee?
I called at my HSBC bank today to see if I could cancel this cheque, unfortunately HSBC have a charge of £12 to cancel cheques, even stolen cheques (unlike other banks). HSBC inform me that it is very unlikely that someone else could cash the cheque. Is this true? or should I pay the cancellation fee?
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My daughter had her purse stolen yesterday, one of the contents was a cheque made out to her from myself for the value of £40.
I called at my HSBC bank today to see if I could cancel this cheque, unfortunately HSBC have a charge of £12 to cancel cheques, even stolen cheques (unlike other banks). HSBC inform me that it is very unlikely that someone else could cash the cheque. Is this true? or should I pay the cancellation fee?
Go back to your branch and tell them that their price list says stopping a cheque due to theft is free. Or call them.
http://www.hsbc.co.uk/1/PA_esf-ca-app-content/content/pws/content/personal/pdfs/general-price-list.pdf0 -
Go back to your branch and tell them that their price list says stopping a cheque due to theft is free. Or call them.
http://www.hsbc.co.uk/1/PA_esf-ca-app-content/content/pws/content/personal/pdfs/general-price-list.pdf
Great advice knack. This is why I love mse :money:0 -
Go back to your branch and tell them that their price list says stopping a cheque due to theft is free. Or call them.
What is free is stopping "Stopped Cheques resulting from theft or loss of blank cheques" (Which I guess is what applies to most banks).
This is not OP's case. He did not lose, and wasn't stolen, blank cheques.
He made a double-crossed, payee account, cheque to someone (which means that in principle the cheque can only deposited on the recipient's account), and now he wants to stop it.
That's £12, unless the bank somehow decides to be nice and make a commercial gesture.0 -
Go back to your branch and tell them that their price list says stopping a cheque due to theft is free. Or call them.
http://www.hsbc.co.uk/1/PA_esf-ca-app-content/content/pws/content/personal/pdfs/general-price-list.pdf
Err, actually it says that "Stopped cheques resulting from loss or theft of blank cheques" are free. The OP's cheque was not blank, therefore the £12 charge applies. Or £10 if you cancel it online.
Of course, the devil in me would point out that HSBC would have no real way of knowing that any cheque wasn't blank when you lost it. But the OP has gone and given the game away now, so that won't work.
..... HSBC inform me that it is very unlikely that someone else could cash the cheque. Is this true? ....
More or less. Someone would have to open a bank account in the name of Miss A P Jazzy (or whatever) in order to get value for the cheque. Not that easy these days, with all this money laundering stuff about, unless you actually happen to be Miss A P Jazzy. Of course there probably is at least one, and possibly dozens of other Miss A P Jazzys about somewhere in the country who could bank the cheque, but the chances are that none of them are known to your particular thief.
Edit: Yes someone else has spotted it as well.:)0 -
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jjlandlord wrote: »What is free is stopping "Stopped Cheques resulting from theft or loss of blank cheques" (Which I guess is what applies to most banks).
This is not OP's case. He did not lose, and wasn't stolen, blank chequesErr, actually it says that "Stopped cheques resulting from loss or theft of blank cheques" are free. The OP's cheque was not blank, therefore the £12 charge applies. Or £10 if you cancel it online.
Whoops; thanks.
I inadvertently read it as "Stopped Cheques resulting from theft" - free or "loss of blank cheques" - free.0 -
I inadvertently read it as "Stopped Cheques resulting from theft" - free or "loss of blank cheques" - free.
The wording is ambiguous.
It should say "blank cheques which are lost or stolen" ?0 -
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Let's move on, shall we?
I am sure that nobody would deny you your right to move on...:)0 -
Well the lack of a comma means it isn't ambiguous...0
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