Cheque bounced

meeshap2399

In November and out of blue I received a letter from Allianz telling me that JD Williams had in fact mis-sold me the PPI insurance and that they were investigating it. They wrote to me again and had attached a cheque which I banked on the 23rd.  The cheque bounced.  I can’t get through to anybody. Has anyone else had this? 

Thrugelmir

What reason was given for the cheque being bounced? 

meeshap2399

Advice of drawing required 

[Deleted User]

That doesn't really mean much, can you show an image of the letter so we can see the precise wording - editing your personal details obviously.

meeshap2399

[Deleted User] said:

That doesn't really mean much, can you show an image of the letter so we can see the precise wording - editing your personal details obviously.

Thank you

meeshap2399

I spoke to my bank asking if the cheque had been represented and he said it has been recalled 

smashinglynaive

You've paid nearly 5 grand in PPI to JD Williams?

meeshap2399

No that’s with interest 

[Deleted User]

smashinglynaive said:

You've paid nearly 5 grand in PPI to JD Williams?

with interest at 8% a year etc it all adds up

smashinglynaive

meeshap2399 said:

No that’s with interest 

Even with statutory interest that's an incredible amount for catalogue purchase PPI.  Are you really sure this is the correct amount?  Is that not, perhaps, the reason why they appear to have cancelled the cheque?

meeshap2399

smashinglynaive said:

meeshap2399 said:

No that’s with interest 

Even with statutory interest that's an incredible amount for catalogue purchase PPI.  Are you really sure this is the correct amount?  Is that not, perhaps, the reason why they appear to have cancelled the cheque?

No all the account details are correct.  I do have a break down of it but that’s not the issue here.  I had already had a small payout many years ago which wasn’t the correct amount which is I was approached.  

Why would the cheque bounce if it wasn’t agreed? I should never have received it if that was the case surely? 

I have seen that there has been/is a court case between jd Williams and Allianz though