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Third party deposits into charity account

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Comments

  • Dr_Crypto
    Dr_Crypto Posts: 1,211 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Cheques are probably even less used than cash. I cent remember the last time I wrote one.
  • General_Grant
    General_Grant Posts: 5,439 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 29 November 2020 at 10:26AM
    Dr_Crypto said:
    Cheques are probably even less used than cash. I cent remember the last time I wrote one.
    [Last week I had to write a cheque to open an account with a building society (demanded by them and they won't ID electronically).  I've held the current account for about 10 years and asked for a cheque book a couple of months before because I couldn't find one for the account.  When the cheque book arrived the first cheque was numbered 1 so I'd not needed to write a cheque on that account for a decade.]

    If a lot of relatively small cheques are paid into an account (even bundled to use one pay-in slip) the group may find that bank charges outweigh the perceived benefit of not having to pay cash in.
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