Cheques

[ronk]

I’ve just been given a cheque for £50 but i have never seen one written in this format.

The chap has spent many years in the USA so I’m wondering If it’s an American thing?

 

[Hilly30si]

Never seen that, it must be a Yank thing

 

[MikeyH]

Yes I've had cheques done that way, my Bank accepts them okay. As long as it is also written in words.

 

[Argyll Andy]

Yeah, used to see them regularly. My guess is someone who’s worked in finance/accounting at some point

 

[buzyg]

Never seen one written like that. Still pretty obvious what the amount is, which I guess is the important thing .

 

[Scubaregs]

Does it smell of dinosaur pee?

 

[ronk]

Yeah, used to see them regularly. My guess is someone who’s worked in finance/accounting at some point

He did indeed work in the finance / accounts world
(World Bank in the USA)

I don’t know if this cheque has been written like it has because of a lapse or it’s an attempt to show “look how clever I am” or a bit of an affectation I suspect!
The wordy bit says “Fifty Pounds Only” so I should be ok.

What’s wrong with £50 - 00p ?

 

[Pondy]

What's a cheque? :?

 

[Pondy]

What’s wrong with £50 - 00p ?

It can easily be changed to 99p. I was always taught to put a line through any zeros. I would have written that £50----- (with an oblique line through the 0)

 

[ronk]

I would agree but it does say £50 only ———- and the
00/100 could also be be changed to 99/100
The line thro the zero Is

 

[pvr]

Sorry Ron, that is a blatant attempt to show off your wealth :lol:

 

[Argyll Andy]

What's a cheque? :?

Something you tradesmen always say is in the post

 

[ronk]

Sorry Ron, that is a blatant attempt to show off your wealth :lol:

I know - I didn’t know if I should invest it or buy 1/3 tank of petrol

 

[Pondy]

I know - I didn’t know if I should invest it or buy 1/3 tank of petrol

Stick it in your savings account, Ron, this time next year it will be worth £50.69 at current savings rates!

 

[pvr]

Bad advice I would say. I invested in a tank of petrol in beginning of 2020 in the Golf and that is worth a lot more now than the money in the savings account

 

[Big Bad Boris]

It is very much an American thing. Generally they use that format when writing the amount i.e. commonly in the US style the word amount would say “Fifty Pounds and 00/100” whereas in the UK our tendency would be to use “Fifty Pounds only” instead.

Using the same format in the numeric box is a bit more unusual, but no doubt becomes automatic for some of our American cousins.

 

[ronk]

They cashed it without a question.

 

[pvr]

But has it cleared … :evil:

 

[ronk]

I suppose if his bank doesn’t clear it he will get the charge - that will convince him to write his cheques in the accepted format!

 

[Argyll Andy]

I suppose if his bank doesn’t clear it he will get the charge - that will convince him to write his cheques in the accepted format!

Unless the system has changed since I worked in this sector both parties get charged. We had an agreed charge of £3.95 as part of our banking tender but the punters writing the cheques used to get charged up to £30 by their own bank iirc