How can a cheque which has cleared in my account, not have been debited from receiver's account?
Reason given was that it was lost whilst being processed!
How can this happen and what should I do?
2007-01-31 08:29:29 · 4 answers · asked by Plato 5 in Business & Finance ➔ Personal Finance
Advise the bank that the cheque has not turned up in the recipients account, you may need evidence for this i.e a letter from the company if it is a business or bank statements if the recipient is an individual, once they can see that the cheque hasnt been sent to the correct account they will start to investigate, it has probably gone to someone else's account or perhaps just never reached the recipient due to an error! Either way the bank WILL have to investigate. And once they found out it hasnt gone to the right place, they will either recredit your account or credit the recipients account.
Keep note of anything they send you, every persons name who you talk to. it will help you loads in the long run!
Hope you get it sorted it out!!
2007-01-31 20:56:16 · answer #1 · answered by louiseh86 1 · 1⤊ 0⤋
I think that the bank will sort it out. Unhappily for the person who wrote the cheque it is very unlikely that he will not - ultimately - be debited!
2007-02-01 04:54:00 · answer #2 · answered by Davy B 6 · 0⤊ 0⤋
If you know that the person who gave you the cheque has sufficient funds, getthem to sort it out!
2007-01-31 17:08:04 · answer #3 · answered by Modern Major General 7 · 0⤊ 0⤋
your bank made the error and they should cough up.
2007-01-31 16:42:14 · answer #4 · answered by freddiem 5 · 0⤊ 0⤋