CHEQUES

[Sir peace frog]

my daughter has had to pay for her student digs via a cheque,the cheque is dated for the 1st oct ,however her grant doesn't go into her account until estimated the 7th oct, will we be ok , or any help someone can give would be very grateful.

 

[Indaparkside]

A cheque now clears in 24 hours through the banks, they digitally image it then send it electronically to the bank that issued it. So im afraid if they put it in on the 1st and she has no overdraft or funds to cover it it will bounce. Cant you lend her the money then once the grants gone in she will repay you.

Or speak to the landlord to explain the situation

 

[Elbow beards]

A

my daughter has had to pay for her student digs via a cheque,the cheque is dated for the 1st oct ,however her grant doesn't go into her account until estimated the 7th oct, will we be ok , or any help someone can give would be very grateful.

Bout 4 working days to clear a cheque so could well bounce, can't she post date it for the 3rd or 4th?

 

[Fred_Quimby]

Yet another example of the 'joined up' thinking in this country. They know these dates way in advance and you would think that even the morons at the university could work that one out.

 

[Indaparkside]

A

Bout 4 working days to clear a cheque so could well bounce, can't she post date it for the 3rd or 4th?

Not anymore mate. Banks clear cheques within 48 hours now mine usually take 24 hours

 

[Elbow beards]

Not anymore mate. Banks clear cheques within 48 hours now mine usually take 24 hours

To be fair I've not used a cheque for about 5 years, so your probably right. :)

 

[aguero93:20]

my daughter has had to pay for her student digs via a cheque,the cheque is dated for the 1st oct ,however her grant doesn't go into her account until estimated the 7th oct, will we be ok , or any help someone can give would be very grateful.

You know the rules...

 

[TheRemainsOfTheDave]

my daughter has had to pay for her student digs via a cheque,the cheque is dated for the 1st oct ,however her grant doesn't go into her account until estimated the 7th oct, will we be ok , or any help someone can give would be very grateful.

Don't mean to pry but why are the student funds so late, should be round about the start of term (mid Sept) or was she a late applier?

 

[denislawsbackheel]

The date on the cheque is irrelevant as posted.

Don't mean to pry but why are the student funds so late, should be round about the start of term (mid Sept) or was she a late applier?

Leeds term starts 1 October
Durham 7 October

 

[Sir peace frog]

You know the rules...

rather post my bank details than a pic of my daughter :)