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What is a Security Cheque and how do I cash it?

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  • 24-06-2013 12:37pm
    #1
    GeorgeBailey
    Registered Users Posts: 1,187 ✭✭✭


    As per the title, I received a "security cheque" as a deposit from a client. I went to the post office to lodge it to my danske bank account (as danske no longer have branches) and they said I couldn't do it with them. So does anyone know how I cash this thing? Can I just go to any bank and cash it there?
    It was issued by EBS if that's any help.

    Thanks.


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    #2
    coylemj
    Registered Users Posts: 25,437 ✭✭✭✭coylemj


    It has to be what's known as bank draft, probably drawn on AIB if it was issued by EBS. You need to go to a regular bank and lodge it, the post office is the last place to go to with a cheque. I doubt if you could 'cash' it anywhere, even in the branch named on the draft.


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    #3
    handlemaster
    Registered Users Posts: 6,003 ✭✭✭handlemaster


    can you not lodge it at the post office seems strange. They will take cheques


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