Cashing a cheque
Hi there does anyone know what Id I will need to cash a cheque? I don't have photo id and my bank does not accept cheques as it's a prepaid ffrees account.
I live near cash converters,cash generators and the money shop.
Thanks.
Shared Via The HUKD App For Android.
I live near cash converters,cash generators and the money shop.
Thanks.
Shared Via The HUKD App For Android.
It's not a bank so no its just a prepaid account look them up its like a basic account but don't offer things bank do like I can't set up dd or anything just pay in money via card,paypoint or wages
Takes a few minutes online then pay cheque in the next day
They'll cash a personal cheque on the spot. I.E A cheque made out by you to them, usually with a cheque guarantee card or photo id or some such.
it's a 3rd party cheque and ive cashed one before but not down here where I live now
If not I've applyed for a Halifax cash card just need to go in and take documents
Just go into a bank and open a basic account.
Oh well, there's a first time for everything.
You do know your money (up to £85,000) is government-protected at ANY bank (or single institution) don't you? In fact, if you're paying enough money in per month (i.e. wages) then something like Barclays or the Santander 123 account would save (and make) you money.
Sounds as if you had an unfortunate 'incident' but I wonder if this '"ffrees" has any kind of financial protection against loss - as the banking industry does. Hmmm...
All the best, Phsy.
Santander 1,2,3 account will not make you money unless you also have direct debits (or enough money in it to get interest), in fact it costs £2 a month.
How do you get paid your JSA?
Well, I didn't want to go into the 'gory' details but 3% interest on balances up to £20,000 is pretty much earning you money, isn't it? And the £2 p/m fee is usually dwarved by the savings on bills etc.
Anyway, looking at this Ffrees, I don't see how they are any different in operation from another "Online" institution such as First Direct. Apart from looking at the FAQ's...
Is my money safe?
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The money paid in to Ffrees Accounts is held by Contis Financial Services Ltd. in a UK account of a UK authorised bank, which is covered by the deposit protection scheme. Contis is authorised by the FCA under the EMoney Directive. Ffrees itself is not regulated by the FCA and does not hold money paid into Ffrees Accounts.
Wouldn't touch it, myself.
As the OP doesn't have a bank account I would assume he doesn't have direct debits - so therefore no savings.
In my account my cashback normally pays the £2 fee, but without the council tax being paid in Feb and March, I only got £1 cash back.
Not everyone pays things by direct debit - the only things I pay this wasy are Sky and my mobile phone.
But that is a side issue anyway, i agree that the OP should have a bank account
In a weird kind of way, he has got a bank account - it's just not run by him!
I just don't understand this thread, but I think you might find a few things in life get tough without a bank account. Anyway each to their own.