Cheques

accymel · 30-03-2005, 11:46

Have a Q? Been told that a cheque has been sent out 2 months ago n yet i haven't received it [could be stalling tactics] so if it has been sent to wrong addy there's no way it can be cashed by someone else when it has account paye on it presumably it has to be the person named bank account only ????

pendy · 30-03-2005, 12:00

Yes, it has to be into the account name specified on the cheque. However, the payer can check his or her bank account to find if the cheque has been presented/cleared. It sounds to me the classic line of "the cheque is in the post"! - Tell whoever to stop the previous cheque and send you another one - it's not your problem if the cheque is lost.

accymel · 30-03-2005, 13:23

Oh thanx Pendy i thought it'll be a case of that just wanted to make sure i wasn't being paranoid LOL. Well they have been told to send me another out n get it sorted but no doubt thats in the post LOL

Neil · 30-03-2005, 13:33

Quote:

Originally Posted by accystanmac

there's no way it can be cashed by someone else when it has account paye on it presumably it has to be the person named bank account only ????

In theory yes, but it is not that difficult to pay a cheque with someone else's name on it into your account. Do not ask me how because I am not explaining, but it can be done.

The issuing bank can check ( cheque

) if it has been deposited and into which account, there is usually a charge for tracing the transaction.

garinda · 30-03-2005, 13:37

l'm confused too. l've been given cheques payeable to someone else, they signed the back and l paid it into my account.

Get them to stop it.

l'd like a cheque, as any money l get now is invisible, just ether from one account to the other.

vorlon24 · 30-03-2005, 13:37

As long as the cheque has the words 'Account Payee' on it, then it shouldn't be possible to cash it. Most, if not all individual bank account cheques have this pre-printed on them, and this has been the case for some 10 years or so.

Don't quote me on this, but I am not sure whether business accounts have this same protection, and if this is the case, then it could be possible for someone else to cash it. I remember years ago, signing on the back of a cheque made payable to myself, to allow someone else to cash it.

But it does sound like stalling tactics, as you say

accymel · 30-03-2005, 13:41

Oh dont worry me lol the cheques has account payee printed on it surely it cant be put into someone elses a/c without my signature to sign it over or can they ?!?

Bazf · 30-03-2005, 13:43

How many people check the signiture or ask for ID, I know in the states it hardly ever happens.

accymel · 30-03-2005, 13:44

Yeh ive told em that it didnt get to me n i can prove its not gone into my A/C personally whats wrong with good ole cash these days??? Ive to ring back fri

Quote:

Originally Posted by garinda

l'm confused too. l've been given cheques payeable to someone else, they signed the back and l paid it into my account.

Get them to stop it.

l'd like a cheque, as any money l get now is invisible, just ether from one account to the other.

accymel · 30-03-2005, 13:46

Gee thats pathetic im worried cos its a pay check n if it has been diddled then ive lost money i didnt get

Quote:

Originally Posted by Bazf

How many people check the signiture or ask for ID, I know in the states it hardly ever happens.

accymel · 30-03-2005, 13:47

Oh ****** im panicking now will ring em back n see whats gonna happen probably be passed the buck again grrrrr!!!!

vorlon24 · 30-03-2005, 13:50

If the cheque has Account Payee on it, it cannot be signed over to another person.

accymel · 30-03-2005, 13:56

Waiting for the manager to get back to me now will soon see how important this is

garinda · 30-03-2005, 15:02

Isn't there a time limit after a cheques been dated after which you can't deposit it? l think it used to be three months.

Don't worry we'll have a whip round fo you, lol.

accymel · 30-03-2005, 15:06

Quote:

Originally Posted by garinda

Isn't there a time limit after a cheques been dated after which you can't deposit it? l think it used to be three months.

Don't worry we'll have a whip round fo you, lol.

Awwww ta Garinda

still waiting nobody is conviently available will call u back - err not more like the 12th of NEVER!!