Cheque cashed late no funds - $40 fee
Mar 7th 2011 | 5:06 pm
#47
half a century
Joined: Mar 2008
Posts: 10,222
From: Sarf Lundun to East Van :)
Re: Cheque cashed late no funds - $40 fee
My shed!!
Well I check my account on line everyday ..
I have a few cheques that are now prob OVER 6 months old that have yet to be chased, but I ensure that there is enough in the account AT ALL TIMES to cover them should they be cashed, although now having read this thread I may go spend it
Well I check my account on line everyday ..
I have a few cheques that are now prob OVER 6 months old that have yet to be chased, but I ensure that there is enough in the account AT ALL TIMES to cover them should they be cashed, although now having read this thread I may go spend it
Mar 8th 2011 | 1:36 am
#48
Thread Starter
Oscar nominated
Joined: Jan 2008
Posts: 55,309
From: Moncton, NB, CANADA
Re: Cheque cashed late no funds - $40 fee
I would too. If the activity justified it.
Once a month I get an email transfer. I get notified of that by email and I have to go into my account to get it.
A couple of times a month I make a deposit. I get a slip confirming that and the slip tells me the balance.
The reason I make a deposit is to make an on line payment. When I make an on line payment it happens instantly.
That's all my account is normally used for.
Not picking on 4bells, but that quote is just a good launching pad to try to reiterate that not everyone's financial arrangements relating to a single bank account are the same.
Except for the once or twice a year when I may have to write a cheque, every thing that happens with my account happens instantly as a result of my action.
Fot that once or twice a year cheque I don't really need to log on every day, run a spreadsheet or have a financial program.
A post-it note on my monitor will do the job or a note in my 'diary'.
But maybe I should now check the cheque
regularly if I do another in a few months time.
Spend it on Pancakes. 
Once a month I get an email transfer. I get notified of that by email and I have to go into my account to get it.
A couple of times a month I make a deposit. I get a slip confirming that and the slip tells me the balance.
The reason I make a deposit is to make an on line payment. When I make an on line payment it happens instantly.
That's all my account is normally used for.
Not picking on 4bells, but that quote is just a good launching pad to try to reiterate that not everyone's financial arrangements relating to a single bank account are the same.
Except for the once or twice a year when I may have to write a cheque, every thing that happens with my account happens instantly as a result of my action.
Fot that once or twice a year cheque I don't really need to log on every day, run a spreadsheet or have a financial program.
A post-it note on my monitor will do the job or a note in my 'diary'.
But maybe I should now check the cheque
regularly if I do another in a few months time.
I have a few cheques that are now prob OVER 6 months old that have yet to be chased, but I ensure that there is enough in the account AT ALL TIMES to cover them should they be cashed, although now having read this thread I may go spend it
Mar 8th 2011 | 2:05 am
#49
Moderαtor Emeritus
Joined: Sep 2003
Posts: 30,771
From: Upstate South Carolina
Re: Cheque cashed late no funds - $40 fee
Yes, I realise that.
Tell you what...any volunteers to send me a cheque...not too much....say $100.
I'll keep them all for different periods, maybe the full six months and then I'll deposit them.
Then we'll see how many people forgot about it with all the activity on their accounts since.
If I'm the only imperfect individual out of, say, 20, I'll pay all the costs.
Tell you what...any volunteers to send me a cheque...not too much....say $100.
I'll keep them all for different periods, maybe the full six months and then I'll deposit them.
Then we'll see how many people forgot about it with all the activity on their accounts since.
If I'm the only imperfect individual out of, say, 20, I'll pay all the costs.
Just send cheques for $500 to the usual address...
Mar 8th 2011 | 10:39 am
#50
Forum Regular
Joined: Oct 2010
Posts: 68
From: South Shore, Nova Scotia.
Re: Cheque cashed late no funds - $40 fee
Does a bounced cheque have any effect on a person's credit rating?
Mar 8th 2011 | 11:41 am
#51
Lost in BE Cyberspace
Joined: Aug 2005
Posts: 13,402
From: South of Calgary
Mar 17th 2011 | 6:56 am
#52
Thread Starter
Oscar nominated
Joined: Jan 2008
Posts: 55,309
From: Moncton, NB, CANADA
Re: Cheque cashed late no funds - $40 fee
