Any Bankers in the House

PhilF

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should I be able to pay in cheques to a LLoyds TSB account in another bank, say HSBC, and if so is there a cheque limit for deposit (max)? Thanks. BTW, Lloyds 24 hour service line didnt know
 

sailorman

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can i send u my bank details & we could risk it /forums/images/graemlins/grin.gif /forums/images/graemlins/grin.gif /forums/images/graemlins/grin.gif
 

paulineb

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Mr B paid some cash into our lil Sam's account today (bearing in mind he's a poor student and needs it the second he asks for it) but because he paid in a cheque on the same paying in slip, the cash doesn't clear til the following day. How the fook are we supposed to know that cash and cheques should be paid in separately if the cash is to clear the same day !
 

Hakuna

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I think that it depends on the which bank the cheque is drawn on. You used to be able to pay cheques into third party branches, but there is some potential for fraud around items being returned unpaid which means that it is discontinued.

You can probably pay cheques into your LTSB account over the counters of the bank on which the original cheque is drawn, however, I think for Money Laundering Regulations, you must have a pre-printed credit slip to do so (so you will need a paying in book). However, I have tried a while ago and some cashiers are unhappy to accept it (even though they are happy for you to pay your gas bill over the counter which is a credit to another bank).
 

Hakuna

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Pauline,

That is generally the case in terms of a "Mixed Credit" as the bank systems can't distinguish between the cash and cheque elements.

However I don't think that it applies if you were using a "House Cheque" ie if lil Sam has his account at the same branch/sometimes bank as Mr B then it should (in theory) clear straight away like cash and not be treated as a problematic mixed credit.

And don't even ask about Scottish cheques being paid into Northern Ireland banks with a Special Presentation as it all gets much too complicated!
 

gcwhite

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The 4 clearers will accept each others but can be a bit sniffy with lesser mortals. I find a little fuss usually clarifies their minds!
 

PhilF

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i agree, I did and they said the amount was too big. My bank was closed due to a gas leak, I told them that, so much for understanding local conditions
 

Planty

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Paid in Cash & Personal Cheque ("Mixed Credit") into sons account at our mutual branch of RBOS on a recent Friday, cash appeared as cleared on the following Wednesday!! They explained the only way one could get funds from my account to sons account on same day in same branch was by utilising "CHAPS" transfer system at a cost of £5 a blob, due to "money laundering" !! One of the reasons all of our RBOS accounts have recently closed.
As I understand it current British Banking "clearing" criteria have been branded as usuary in the international markets.
 

MART1N

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14 Mar 2002
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I complained to Lloyds TSB last week when I discovered that all my direct debits due to be taken Monday, Feb 28th had already been taken by noon on SUNDAY the 27th!!

Only found out because cashpoint showed reduced balance. When I got home, checked on-line statement which detailed all transactions with the 28th showing as date while it was still the 27th!!

Lloyds don't seem to think there is anything wrong with this....
 

gonfishing

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21 Jan 2003
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If you are a Non HSBC customer and you wish to use their bank you will be charged a surcharge of £5.00 between the hours of 10am until 2pm

No wonder HSBC are making a killing!!!!!!!!!!
 
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