ryskip
New Member
Posts • 530
Likes • 2
February 2007
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Payment by cheque?, by ryskip on Jan 18, 2009 14:27:03 GMT 1, Are there any potential problems if someone wants to pay by cheque?
Obviously I wouldn't send anything until payment is cleared but is there anything else I should be aware of?
Many thanks
Are there any potential problems if someone wants to pay by cheque?
Obviously I wouldn't send anything until payment is cleared but is there anything else I should be aware of?
Many thanks
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discoduster
Junior Member
Posts • 2,438
Likes • 5
January 2007
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Payment by cheque?, by discoduster on Jan 18, 2009 14:38:57 GMT 1, AS long as it's not been nicked you're fine, as far as I know.
AS long as it's not been nicked you're fine, as far as I know.
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ryskip
New Member
Posts • 530
Likes • 2
February 2007
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Payment by cheque?, by ryskip on Jan 18, 2009 14:41:11 GMT 1, ah ok the seller has given me his full name and bought on ebay. He has good feedback and lots of prints for sell.
Cheers dd
ah ok the seller has given me his full name and bought on ebay. He has good feedback and lots of prints for sell.
Cheers dd
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redfred
Junior Member
Posts • 1,293
Likes • 53
May 2006
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Payment by cheque?, by redfred on Jan 18, 2009 14:50:31 GMT 1, Sounds O.K. but I was informed that it can take up to 2 weeks for a cheque to fully clear even though it will clear into your account after 3-5 days, if it bounces after its cleared into your account then you are still liable. Sounds harsh but just another example of the Banks wanting their cake and eating it!!
Sounds O.K. but I was informed that it can take up to 2 weeks for a cheque to fully clear even though it will clear into your account after 3-5 days, if it bounces after its cleared into your account then you are still liable. Sounds harsh but just another example of the Banks wanting their cake and eating it!!
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ryskip
New Member
Posts • 530
Likes • 2
February 2007
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Payment by cheque?, by ryskip on Jan 18, 2009 17:15:56 GMT 1, Thanks guys, I will check with my bank that it's all cleared before sending print.
Thanks guys, I will check with my bank that it's all cleared before sending print.
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Payment by cheque?, by veralynn on Jan 18, 2009 17:21:14 GMT 1, Hi, small technicality here - if you bank in the UK, then after 6 working days you can assume that the cheque is cleared. After this time the Bank has recourse only if they suspect you of knowingly trying to de fraud them, i.e. cross firing.
If you ask you bank to send the cheque by special presentation, then you can have the knowledge that the cheque is paid faster, this relies on the post but generally takes max 2 days from the day you pay in and will cost you abt £15.00
Hi, small technicality here - if you bank in the UK, then after 6 working days you can assume that the cheque is cleared. After this time the Bank has recourse only if they suspect you of knowingly trying to de fraud them, i.e. cross firing.
If you ask you bank to send the cheque by special presentation, then you can have the knowledge that the cheque is paid faster, this relies on the post but generally takes max 2 days from the day you pay in and will cost you abt £15.00
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