Returned cheque

cepheus

I have just had a £20 cheque returned to me in the post from Nat West with the words 'return to drawer' on it, obviously this is no fault of mine but the person who wrote out the cheque. I assume either his cheque account is no longer valid or is overdrawn.

The £20 has been debited from my account, however there is no extra charge showing yet. Is this what they call a 'returned items outwards' with a charge of £35? or does the person who issued the cheque pay? There is no mention of a charge on the slip that came with it.

Unfortunately this is a friend who gave me this cheque for money he owes me, so I need to keep my cool here!

simongregson

There is not a charge with most banks for you. Your friend has probably been charged 25 quid or so.

I would ask them for a crisp £20 note in the future :-)

amandathepanda

No it is a returned cheque inwards. Cheques can be returned with the answer 'refer to drawer please represent', this means that although the customer who has written out the cheque hasn't got the funds at the moment, if you put the cheque back through the system they may have the money. Usually when they come back with the answer 'refer to drawer' it means that you will have to go back to the person who has issued the cheque and ask for another means of payment as they don't think that the money will be there if they represent the cheque.

MYLITTLESISTERLOLA

cepheus wrote: »

I have just had a £20 cheque returned to me in the post from Nat West with the words 'return to drawer' on it, obviously this is no fault of mine but the person who wrote out the cheque. I assume either his cheque account is no longer valid or is overdrawn.

The £20 has been debited from my account, however there is no extra charge showing yet. Is this what they call a 'returned items outwards' with a charge of £35? or does the person who issued the cheque pay? There is no mention of a charge on the slip that came with it.

Unfortunately this is a friend who gave me this cheque for money he owes me, so I need to keep my cool here!

Work in a bank:eek: so this should be my forte
this is an unpaid cheque inwards ( smaller fee approx £6 )
Refer to drawer means he didn't have enough money, if the bank are returning a £20 cheque his/her account must be pretty bad but you could try again at the end of the month ( payday ) but you would risk the return fee again
Hope this helps

cepheus

Actually I have just found my banks charge list it says

Management time, statements, returned cheques and letters about your loans or overdraft... no charge

So hopefully this is a returned cheque!



Thanks.

Mikeyorks

It is a 'returned cheque' .... and post #3 is spot on. Very few Banks charge the payee for such items ... but will charge the drawer.

As it's just an R/D cheque with no implication to 're-present' .... you'd be silly to put it back through the system again. But we leave you to work out how to give the worthless piece of paper to your 'friend'?