How many times can a chq be re-presented?

[Anyfin]

I'm working on the basis that it will be a refer to drawer and not a stopped chq, but online banking just says unpaid cheque - is that bounced?

 

If it is bounced, do I get to re-present it?

 

Thanks

[scaper]

These days it is usually refer to drawer and you will have to reissue your cheque, It is very unusal for the unpaying bank to mark a cheque for representation, although to be safe you can wait for their standard letter to tell you.

[Anyfin]

It just arrived, it is refer to drawer. I rang the bank to ask if it could be re-presented and they didn't know!! Standard note doesn't say if you can or not.

 

In the meantime the customer has been in touch and will sort it out tonight.

 

What really gets my goat though, is that we both bank with the same bank. It's instant clearance for cheques, so why did it take 5 days to notify us of a bounced cheque?! I just can't see the benefit of it.

 

I can see us having to refuse cheques, too many people are bouncing them and we're on the breadline as it is.

[Guest wino]

When I have had customers cheques returned 'refer to drawer' the bank has refused to let me represent them. I have had to ask the customer to issue a new one.

[Anyfin]

I hope he honours his call and actually does sort it tonight then! If he doesn't I suppose it's an N1 is it?

 

Any other (less nasty) ways to get him to pay? There's no dispute, but having just checked out his own company, I'm not filled with trust that he actually will pay.

[DCA-KING]

Hi why dont you get a card machine

i had one in my shop

cost about 20 quid a month

but its peace of mind has i had a cheque bounce so i entered the card number on the back and i got my money that way

the people cant complain has its against the LAW to write a chq knowing it will bounce

like i say we paid 20 a month and that was based on about 3000 quid of transactions

[mrmarmite]

if a cheque bounces either they re-present it (without telling you)

send it back to you marked re-present (uncleared funds in that account)

or return marker refer to drawer

[Anyfin]

DCA-King, we couldn't get a machine (I don't think) as my OH goes out to peoples houses to carry out the work. Is there a machine that will work on a mobile basis? If not, then it's a no go

 

Mr Marmite, the cheque is just marked refer to drawer, no mention of being able to re-present.

 

It wouldn't be so bad if it was a few quid but it's near on £500

[mrmarmite]

oo nasty, if it says that then you gotta go back to whom ever wrote it and jump on them VERY hard, i.e delivery a letter by hand demanding payment within 7 days or you will take further action against them to recover the losses

[Anyfin]

I'd have to send it special delivery, he lives over 100 miles away and we're not booked in that area any time soon.

 

I'll hang fire until tomorrow, check to see if he has paid, if not i'll send him a letter before action giving 7 days to pay.

 

Interesting, he's currently selling the car we fixed. I have a feeling he has to sell it in order to pay for the repair.

[mrmarmite]

if you not contacted them yet u need to get letter off asap "Requesting" they pay in the next 7 days, if no avail THEN you LBA them giving them another 7 days.

 

this way if it go to court judge cant turn around and say you didnt try peacefull means,

 

lol you could always pass info and get a DCA to act on your behalf

[Anyfin]

Thanks for that Mr Marmite. We tried to call this morning, got no answer (shock)!

 

He then sent us a text message apologising and saying it would be sorted tonight. Fingers crossed it is, but you know when you have 'one of those feelings'? This is one of those.

 

I'll do the letter requesting payment asap. Judging by his companies activities I don't think a DCA or court action would bother him one bit *cries*

 

Arrrggghhhh the perils of being self employed. You either eat like a king or not at all. Looks like we'll be eating DCA letters ourselves until this is paid :o

[DCA-KING]

Hi with regards to a card machine are you at home while hes out if so he only got call you with there card details and you can do it from home contact the bank tell them that he works from home they may have a machine that can connect to his mobile or just call you you enter details

with me if i card was rejected they pay cash or use another card

NO PAYMENT NO WORK

what does he do may i ask

[Anyfin]

I'm at home a lot of the DCA-King, but not always. It's an interesting idea about a mobile one, but at the moment 95% of our customers pay by cash and we're happy with that.

 

He is a mobile mechanic, so he can't really ask for payment before work is complete anyway. I suppose if a card was rejected he could always take the wheels off

[mrmarmite]

oooo what area do you live in and how much to do cambelt on A6 V6 i got the parts just not had time to do it

[Anyfin]

Miles away from you Mr Marmite, although he has been down there a few times. Hell, he's been to Norway! We're near Birmingham.

 

I've no idea about Audi's, he's a Land Rover and Rover specialist. I know he does other makes and models, but no idea about Audi's. I can always ask him. Just pure nosiness, how much does a normal garage charge for one of those?

 

I know the charges for a V6 Rover or Freelander are massive so we quite a few of those as he's about half price.

 

Suppose if he did it, it could be on a Saturday and we could have a weekend away out of it...........

[Anyfin]

Mr Marmite, just checked with him. He said if it's petrol not a problem, but if it was diesel he'd need some more special tools, so not really viable.

[DCA-KING]

well if he fits parts and he dont get paid he has the right to remove them has the law states that they belong to the person

Eg you go to tescos buy loads of shopping untill you pay for them who owns them ??? TESCOS

so he can just say thank you im off call me when you have the cash and i will put it back on for a fee

[Anyfin]

That would be amusing if he wasn't knee high to a grasshopper! He couldn't fight his way out of a wet paper bag. He'd end up 6 feet under if he attempted something like that!

 

I better check his life insurance

[bigegg]

DCA-King, we couldn't get a machine (I don't think) as my OH goes out to peoples houses to carry out the work. Is there a machine that will work on a mobile basis? If not, then it's a no go

 

National Market Traders Federation

 

is an advert for a company who supplies to market traders -

affiliated to the NMTF (market traders' union), so should be Kosher.

 

I'm not a customer or otherwise related to the company - I do not endorse them, just FYI

[bigegg]

Chip and PIN Solutions - Chip & PIN Solutions Ltd | Secure Mobile Chip & PIN Payment Terminals

 

is the website of the company

[Anyfin]

Thanks for that bigegg, it's much appreciated. I'm a google numpty, never manage to find what I'm looking for.

 

I suppose the fact that I didn't know it existed doesn't help LOL!

[bigegg]

Thanks for that bigegg, it's much appreciated. I'm a google numpty, never manage to find what I'm looking for.

 

I suppose the fact that I didn't know it existed doesn't help LOL!

 

you're welcome.

I didn't find it by googling BTW - I'm a market trader, and they were pushing

them last year

[Anyfin]

That's great though bigegg, it's certainly something for us to consider even if it's just to knock out the odd few who want to pay by cheque. We've been doing this for 2 years now and whenever someone mentions a cheque I get alarm bells. (Can you tell this has happened before?)

 

Surprise, the transfer the customer promised has not materialised.

[bigegg]

maybe someone could recommend a good debt collector?

 

:-D:-D