unpaid cheque fee

pirlo_21

AHHH!!

basically i had £8000 in my account that i had borrowed from someone but then i had no need for it. as gave the person two cheques of £4000, however after a few weeks the had not cashed to cheque so i moved the money into my e savings account for safety as i didn't want such a large amount in my normal account before i could geta hold of them

.however the person went and cash the cheque four weeks later and as it was rejected i've been charged two "unpaid cheque fees" of £30 each totalling £60 from Nationwide!!!

is there anyway i can get this back???its seems unfair

how cany them come up with a fee of £60??

Dylanwing

Bad news really, basically, once you issue a cheque, the funds need to stay in your current account to cover it. Banks no longer look at other accounts when deciding whether to pay cheques, they would have just seen a lack of funds in the current account and returned the cheques. With hindsight, it might have been an idea to have contacted the payee to find out when they intended to Bank them.
The £30 fee is the standard Nationwide fee as detailed in the T&C's. If you have been a good customer they might offer a refund, or a part refund, as they tend to be marginally more human than other Banks. However, since the mass reclaiming of fees, Banks are much less inclined to offer 'goodwill' refunds.
And I would contact the payee to advise what has happened, it might be an idea to destroy the cheques and make payment the via internet banking direct to their account.

dunstonh

why does it seem unfair? You created work for a number of people and someone has to pay for them. If there were no bounced items or people going over their limits the banks wouldnt need many of their staff. I used to work in a branch with 40 odd staff and a quarter of those were involved in dealing with those that cant handle their finances.

What would be unfair is if the majority of customers who run their accounts correctly had to pay for your mistakes.

If something like this has never happened to you before then you should appeal to their better nature and see if you can get half of it refunded as you made a genuine mistake.