List of Bank / Building Society app cheque deposit limits

simonsmithsays

WillPS said:

simonsmithsays said:

WillPS said:

simonsmithsays said:

WillPS said:

I don't think you really need to list out all the savings-only providers - none of them support cheque pay in  and I doubt that'll change (many don't even have an app!). It's only really relevant to current accounts.

Appreciate the feedback.

Every one which has been listed has an app.

That's the crooks of the thread.

They'll be left n so people this thread is of some use to can skip over the ones they're not interested in.

Then if the BS develop the app cheque deposit (which even some of the larger banks have only recently introduced) the entries can be amended.

Not just Building Societies, all the providers other than those with current accounts - Al Rayan, Gatehouse, M&S, Tandem, Tesco Bank (as well as others you've missed like Moneybox, Plum etc).

None of these will be able to "develop the app" the app as you state as they don't process cheques themselves, they send them off elsewhere to be cleared (if they accept them at all). The telltale sign is usually that they ask you to make cheques payable to the provider rather than the account holder.

Even ignoring the above, savings accounts are not designed to be used as 'chequing accounts' (to Anglicise an Americanism). Of the savings accounts which accept cheque, they really only intend to be a convenient way for the account holder themselves to fund them (particularly branch/postal customers). If you're using an app, they can reasonably expect that you have the ability to send a faster payment from your current account too.

You're mistaken 

I've been able to pay initial deposits into plenty of the BS above in my own name. I'm sorry you haven't.

I didn't say that wasn't the case, I said it was a telltale sign when this happens that they don't process their own cheques so in those cases they can't just develop the functionality as you suggest. That doesn't mean the inverse is true though - even the building societies and smaller savings banks who do accept cheques drawn in the account holder's name will still be physically sending them off to a third party to be processed - hence the elongated process times. 

simonsmithsays said:

I'll keep Plum and Moneybox off for now. They're not banks or BS and don't offer cheque clearance (see thread title) so are different from anything else on here.

How come Revolut are on there then? They also don't offer cheque clearance and are not a bank nor building society.   

Beehive, Chase, Kroo and M&S Bank also don't support cheque clearance at all.

1) You said:

 they ask you to make cheques payable to the provider rather than the account holder.

I'm repeating myself but that's (in my experience) just wrong.  I'm not sure how to explain this more.

2) Beehive, Chase, Kroo and M&S Bank also don't support cheque clearance at all.

Again I'm repeating myself - but these are banks / building societies.  Hence are on the list. Again I can't add much here.

3) Which leaves Revolut

Which is identified as neither a Bank or BS on the OP - it was also listed as such on the previous defunct thread some years ago which seemed an excellent start.

I've now popped you on ignore as I'm not sure this back and forth is adding anything to this thread.

Have a nice weekend (if you can read this as I'm unsure if ignore means you get to ignore me too).

WillPS

simonsmithsays said:

 they ask you to make cheques payable to the provider rather than the account holder.

I'm repeating myself but that's (in my experience) just wrong.  I'm not sure how to explain this more.

If you're going to quote me, then you ought to use quotes or at least copy/paste what I actually said - which is directly quoted in the quote pyramid above your contribution. I didn't say this  

Here's what I did say:

WillPS said:

Not just Building Societies, all the providers other than those with current accounts - Al Rayan, Gatehouse, M&S, Tandem, Tesco Bank (as well as others you've missed like Moneybox, Plum etc).

None of these will be able to "develop the app" the app as you state as they don't process cheques themselves, they send them off elsewhere to be cleared (if they accept them at all). The telltale sign is usually that they ask you to make cheques payable to the provider rather than the account holder.

I wasn't just talking about Building Societies (first bit in bold), I was talking about savings-only providers in general. I also didn't said this is a telltale sign and not a universal truth. (second bit in bold). 

simonsmithsays said:

2) Beehive, Chase, Kroo and M&S Bank also don't support cheque clearance at all.

Again I'm repeating myself - but these are banks / building societies.  Hence are on the list. Again I can't add much here.

I'm responding to your previous submission which pointed to the thread title for an explanation why the list is set with the scope it is, specifically:

simonsmithsays said:

They're not banks or BS and don't offer cheque clearance (see thread title) so are different from anything else on here.

I'm sorry that you've taken exception to feedback in the way you have, I was merely pointing out that the scope of your list is too wide as it includes entities which cannot reasonably be expected to have this functionality and is generally quite inconsistent. It seems to partially work off the assumption that merely having an app is a natural precursor to offering cheque pay in - which is a weird assumption.

In time, it's likely all major current account providers (including Building Societies) will offer this functionality, but I don't think it's at all likely that any of the savings-only providers will offer this functionality. If I turn out to be wrong on this, then sure - explode the list out but my cordial advice remains that you should limit it to current accounts.