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cashing a paying order

dee_f · 2009-10-28 20:04:00

I received a paying order from the county council - from Bank of ireland - Im a permanent tsb customer - will any bank of ireland cash it?

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28-10-2009 9:04pm

#1

dee_f

Registered Users Posts: 34 ✭

Join Date: July 2009

Posts: 26

I received a paying order from the county council - from Bank of ireland - Im a permanent tsb customer - will any bank of ireland cash it?

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#2 28-10-2009 9:12pm
Toots

Administrators, Business & Finance Moderators, Society & Culture Moderators Posts: 16,920 Admin ✭✭✭✭✭

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By paying order do you mean cheque? You will probably only be able to cash it in the BOI branch it's drawn on. If it's crossed, you'll have to lodge it to your account.

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#3 28-10-2009 10:04pm
dee_f

Registered Users Posts: 34 ✭

Join Date: July 2009

Posts: 26

its a cheque - but is a paying order different from a cheque? Its from a county council so Im not sure - you think Ill have to lodge it to my own bank and wait those lovely 5 days?

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#4 29-10-2009 9:54pm
Toots

Administrators, Business & Finance Moderators, Society & Culture Moderators Posts: 16,920 Admin ✭✭✭✭✭

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Nope, they're essentially the same thing. I'd say you'll have to lodge it, although, as I said you could try calling in to the BOI branch where the cheque is drawn to see will they cash it. If you do have to lodge it, your bank might let you draw on it before it's cleared.

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