Follow this topic
Q&A » Current accounts
I have received a cheque for work done which the sender has accidently dated 28/7 instead of 28/6.
Will the bank allow me to pay this cheque into my account without returning it (and incurring costs)?
It will take too long to return the cheque back to th sender and get him to reissue a new one. Please advise?
Report
881Your bank would be likely to spot it and reject it. If they don't, the drawer's bank would be likely to reject it. neither would be 100% likely, but the combination would be too high to risk it.
Your bank might spot it at the counter and reject it there and then and return it without any cost to you, but any further down the line would incur a fee.
They would probably tell you that you can't bank it before the date listed, but that is not strictly true. The date shown is technically the earliest date that it should clear the drawer's account.
Mike
Posted on 03 July 2012 |
Love 0 loves
Report
Sign in or register to post an answer.
Register with lovemoney.com to start asking and answering questions on Q&A.
Get started nowRegistered already? Great! You can just sign in to ask and answer questions.
Sign in
Retweet
Comments (
Facebook