cancelling a cheque without paying any fees (possible ?)

overnetworld

I recently bought an item from ebay normally I pay via paypal however on this occasion the seller only accepted cheques or p/o so i sent a personal cheque via regular mail, they sellers claims not to have received it and my bank says it hasn't been cashed the cheque amount was for £12.56 and the bank is saying there is a £10 charge to cancel cheques, now i dont want to pay the £10 charge but i dont want to sent another cheque (via recorded delivery this time) whilst the other cheque is still cashable.

any suggestions ?

Alfie_E

overnetworld wrote:

any suggestions ?

Tell your bank that the cheque has been lost in the post, and you're going to re-issue it. They might ask you for the new cheque number, but shouldn't charge you for cancelling the old one. They're hardly going to charge you for reporting the potential theft of a cheque.

overnetworld

that kinda what i told them today, sent cheque via post hasnt been received would like to cancel and then resend by recorded delivery, and reply I got is there will be a charge of £10 debited immediately so i told them to leave it for now. anyhow will get back on the blower tomorrow morning

Bossyboots

I'm surprised at their response. Even the bank my firm is with will stop a cheque without fee if we say ithas been lost in the post and their banking service is pretty poor by any standards.

steady__eddie

Any chance of naming the greedy bank ? If it's the same one that I use, I'll enquire and that way we could possibly discover if it's an organisation or branch policy.

CrazyChemist_2

Please let us know which bank this is! I know Nationwide cancel cheques for free when stolen, and they don't charge 8p per minute to use an 0870 number for account queries while insisting it's "national rate". They also don't "lose" money which is deposited in their cash machines and then blame the customer for fraud. That's why I left A&L.

derrick

Had the same problem with my bank (Intelligent Finance) a cheque for £94 missing in post, but I F will charge £7.50 to stop the lost cheque, no movement with them at all

oldagetraveller

From experience, I know Smile do not charge if a cheque is "lost" in the post. They sent a letter, received the following day, that the cheque had been "stopped" and there would be no charge made.

dunstonh

LTSB dont charge for cheques lost in the post.

overnetworld

Its was lloyds tsb student team, use to be called own anyhow from the last reply it sounds like the operator i spoke to misunderstood, i'll ring them again on monday if not i'll pop into a local branch.

northernlass_2

Natwest have never charged for missing cheques. they will charge if you just want to cancel it for the sake of it but not if it has gone missing, i didnt even have to re issue a cheque.