Found some Cheques, can I bank them!
Discussion
Whilst doing a bit of house clean-up I've found a few cheques that I should have banked yonks ago, they are all Divi cheques from various almost worthless FT100 shares 
Divi's come to a value of ~£100ish.
Trouble is they are all over 6 months old, will banks and cheque givers honour them.
Divi's come to a value of ~£100ish.Trouble is they are all over 6 months old, will banks and cheque givers honour them.
69 coupe said:
Cheers, what about if I pay these cheques into Barclays (my useless bank) using one of those envelope thingys.
Can't believe some div is going to spend all day looking at 6m old cheques dates.
Then again if they bounce them, I'm going to get charged for them.
I've paid in similar cheques later than 6 months. As long as they are within a year of the date then I have had no issues.Can't believe some div is going to spend all day looking at 6m old cheques dates.
Then again if they bounce them, I'm going to get charged for them.
You need to send them back to each company's registrar, who will be shown on the dividend counterfoil. Small companies may act as their own registrar, though.
Ask them to redate the cheque, sign the alteration and send it back to you.
Quite simple, but some arsey registrars will demand a fee.
If they do, write back. Demand your money, failing which you will bring legal proceedings against them.
Tell them their contract is with the company for whom they act as registrar, not with you as a shareholder.
Tell them that, if they want a fee, they will have to get it from the company....which will tell them to go forth and multiply.
Edit...
Check the cheques first. Most dividend cheques are valid for 12 months these days.
Ask them to redate the cheque, sign the alteration and send it back to you.
Quite simple, but some arsey registrars will demand a fee.
If they do, write back. Demand your money, failing which you will bring legal proceedings against them.
Tell them their contract is with the company for whom they act as registrar, not with you as a shareholder.
Tell them that, if they want a fee, they will have to get it from the company....which will tell them to go forth and multiply.
Edit...
Check the cheques first. Most dividend cheques are valid for 12 months these days.
Edited by mybrainhurts on Wednesday 4th February 17:17
I have been recently clearing my Dad’s house as he has gone into a nursing home. We came across several cheques going back over 4 or so years years, and some Sterling traveller’s cheques from the early 1990s.
In every case, we asked the original cheque issuers for a replacement and they obliged. Some were BT share dividends. In this case they even sent a new cheque for more than the value of the cheque we asked to be replaced, as they checked their records and found he had not cashed some other cheques too. The traveller’s cheques remained valid and once counter signed, we were able to pay them into the bank.
Jon H
In every case, we asked the original cheque issuers for a replacement and they obliged. Some were BT share dividends. In this case they even sent a new cheque for more than the value of the cheque we asked to be replaced, as they checked their records and found he had not cashed some other cheques too. The traveller’s cheques remained valid and once counter signed, we were able to pay them into the bank.
Jon H
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