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payee a/c only

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  • 08-08-2007 9:25pm
    #1
    LOTTOWINNER
    Registered Users Posts: 501 ✭✭✭


    My friend has a sterling cheque made out to pay her and it's crossed payee a/c only, but she doesn't have a bank a/c.
    She signed the back of it and I lodged it in my a/c but it was returned (worth a try)
    Any ideas how to cash this cheque?:confused:


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    #2
    jahalpin
    Registered Users Posts: 1,031 ✭✭✭jahalpin


    You can't cash a cheque with a cross on it, especially if the cheque is sent on collection to a foreign bank.

    Your friend could open a bank account and lodge the cheqiue to this account


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    #3
    pow wow
    Closed Accounts Posts: 5,288 ✭✭✭pow wow


    She can't cash it without an account. Endorsing it makes no difference.


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    #4
    stepbar
    Closed Accounts Posts: 6,123 ✭✭✭stepbar


    LOTTOWINNER wrote:
    My friend has a sterling cheque made out to pay her and it's crossed payee a/c only, but she doesn't have a bank a/c.
    She signed the back of it and I lodged it in my a/c but it was returned (worth a try)
    Any ideas how to cash this cheque?:confused:

    Can't be cashed, it has to be lodged to an account in the person's name. No way around this. She is going to have to open an a/c.


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    #5
    LOTTOWINNER
    Registered Users Posts: 501 ✭✭✭LOTTOWINNER


    thanks for the help guys


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