Charges to Cancel Out of Date Cheque

A_Frayed_Knot

Can anyone tell me if there is a charge to cancel an out of date cheque.

A company that sent cheques to my old address are now saying that they will be charged to cancel the cheques and re-issue them, so in turn are passing the £20 each cheque fee onto me.


I thought that they might not need to cancel a cheque that was out of date, therefore no fee. Am I right? or ??

Kim_13

There is a charge to cancel cheques regardless as far as I'm aware, but your argument should be that they shouldn't need to cancel an out of date cheque.

Certainly I haven't heard of a charge to cancel a cheque above £12 (most are £10.) My father recently cancelled one from his business account and wasn't charged.

Why have the cheques gone to your old address? Did they ignore your instruction to update your address? If so, you should not have to bear any cost - it would be their error.

jonesMUFCforever

A_Frayed_Knot wrote: »

Can anyone tell me if there is a charge to cancel an out of date cheque.

A company that sent cheques to my old address are now saying that they will be charged to cancel the cheques and re-issue them, so in turn are passing the £20 each cheque fee onto me.


I thought that they might not need to cancel a cheque that was out of date, therefore no fee. Am I right? or ??

Why don't they alter the dates on the cheque (initialling the change) then send them back to you to bank?

Or even better you send them your bank details they send the money by faster payment - they then get to keep the cheques without having to cancel them at the bank!

A_Frayed_Knot

jonesMUFCforever wrote: »

Why don't they alter the dates on the cheque (initialling the change) then send them back to you to bank?They dont have them, as they were sent to my old address.

Or even better you send them your bank details they send the money by faster payment - they then get to keep the cheques without having to cancel them at the bank!
I did suggest this, but said as they had issued a cheque in the first instance it would need to be a cheque they sent, However as it is more than 1 cheque I asked them to send the total in 1 cheque therefore only 1 admin /charge cost, instead of 4:eek:

Kim_13 wrote: »

There is a charge to cancel cheques regardless as far as I'm aware, but your argument should be that they shouldn't need to cancel an out of date cheque.


This is what I thought, no doubt they will tell me the cheque(s) were not out of date:( How long is a cheque valid for?

Certainly I haven't heard of a charge to cancel a cheque above £12 (most are £10.) My father recently cancelled one from his business account and wasn't charged.


Oh, admin costs.

Why have the cheques gone to your old address? Did they ignore your instruction to update your address? If so, you should not have to bear any cost - it would be their error.

To be honest it was a while ago and I'm not sure if I told them or not.

p00hsticks

As per other posters - rather than them cancel the cheques, can't you simply return them so that they can be sure you won't try to present them at a later date.

Kim_13

p00hsticks wrote: »

As per other posters - rather than them cancel the cheques, can't you simply return them so that they can be sure you won't try to present them at a later date.

This. My old neighbours moved out nearly a year ago and still pop by to collect any mail.

Cheques are valid for 6 months.

A_Frayed_Knot

p00hsticks wrote: »

As per other posters - rather than them cancel the cheques, can't you simply return them so that they can be sure you won't try to present them at a later date.

I dont have them, they were sent to my old address.

grumbler

Kim_13 wrote: »

Cheques are valid for 6 months.

Wrong.
Indeed, in practice banks usually don't accept cheques issued more than 6 months ago, but this isn't guaranteed as cheques never expire.

mgdavid

A_Frayed_Knot wrote: »

I dont have them, they were sent to my old address.

yes, and then what happened to them?

grumbler

mgdavid wrote: »

yes, and then what happened to them?

Well, they obviously weren't deposited as the company is prepared to stop them.

And the OP (wrongly) believes that they can't be deposited after 6 months.

A_Frayed_Knot

So basically, cheques do not go out of date, so I have to pay £20 for each cheque to be stopped and re-issued.

Obviously was hoping, they could maybe add amounts together and send 1 cheque, but they would still have to stop the cheques, which they would charge the fee to me.