Paying in cheques using your smart phone ....

[Octopus]

Anyone tried this?

What a great invention!

My business account is with Lloyds FWIW

 

[PEG]

What do you do with em'? Fold them up,and poke em' in the SIM port?

 

[Octopus]

^^ ha ha , very funny

Use the app and photograph each side

can use it for cheques up to the value of £500

 

[Andy78]

Very trusting of them. I know that when I deposit a cheque the machine just photographs it and the deposit shows in my account, but not in my available balance until it has been physically processed and cleared.

 

[PEG]

I suppose the cynic in me,suspects the people who designed it,have already sold out to the fraudsters who will inevitably be hacking it,right now

I can see an image forming in my head...of a thousand base-employees in retail...all smart-phoning the cheques they see,to Adobe then to perfection,at a later date...

Which is why i only accept bags of Nantucket Ship Trade Doubloons.

 

[buzzlightyear]

What a great invention!

 

[buzzlightyear]

can use it for cheques up to the value of £500

and if the cheques are cancelled they can post it back to you ,unpaid .

 

[buzzlightyear]

bacs is better number of account moines in bank quicker.

 

[Octopus]

bacs is better number of account monies in bank quicker.

not everybody will do internet banking .............

 

[Octopus]

and if the cheques are cancelled they can post it back to you ,unpaid .

True ........... but how often does that happen ........ that said its just happened to me but its a TSB F up....

 

[littlespark]

My 2 x local Bank of Scotland closed branch, now have to travel half hour to find one.
They have a machine inside that is half ATM, and half deposit. You can slide cheques into it, and it will read the handwriting and deposit into your account.

I prefer cash or BACS, but might buy one of those card readers that can take payment on the job

 

[HappyHippyDad]

Anyone tried this?

What a great invention!

My business account is with Lloyds FWIW

I'm in the middle of Bodmin Moor in a tent. It's 11pm and thanks to you Murdoch I've just paid in a cheque .
Bonkers!

 

[Midwest]

My 2 x local Bank of Scotland closed branch, now have to travel half hour to find one.
They have a machine inside that is half ATM, and half deposit. You can slide cheques into it, and it will read the handwriting and deposit into your account.

I prefer cash or BACS, but might buy one of those card readers that can take payment on the job

My local Barclays refurbished a few years ago, to try apparently, to reduce the queues waiting for the tiller staff. You could wait for a fair few minutes to get served.

They got rid of all the tills, bar one (business accounts only), and installed about 5 touch screen deposit machines.

I now walk in with my cash (too honest for my own good) & cheque payments, to be met by a couple of staff 'good morning, can I help you?', 'no thanks I'll use the automated tills'. So I join the queue to use them, with that flippin Mrs Miggins x 3, being shown by members of staff how to use them, with a queue a mile long for the business only till, with people who ain't got a business account. Just put your flippin staff behind some tills

Progress! Rant over.

 

[plugsandsparks]

Thx to Murdoch i checked with Barclays and after a long call to Mumbai ( i think) i now have the app on my phone. Only 1 of my customers use cheques (as they make them....) so i have had a £90 invoice sat on my desk waiting for a convenient time to bank it. Tried the app but it wont have it. I think it may be because the cheque is a bit unique......

 

[buzzlightyear]

Only 1 of my customers use cheques (as they make them....)

but might buy one of those card readers that can take payment on the job

when any customers pay by cheque and it bounces like a rubber ball .
I have two Condit pieces taped together and shove through the letter box .

 

[Nigel]

Out of interest do those of you that accept cheques charge an admin fee?

 

[buzzlightyear]

Out of interest do those of you that accept cheques charge an admin fee?

no .

 

[Octopus]

Out of interest do those of you that accept cheques charge an admin fee?

No

Why would I ?

 

[Nigel]

No

Why would I ?

For me paying in a cheque is an hour of my time by the time I drive to town, I pay to park, walk to the bank, queue up, then do the reverse should be billed.

 

[buzzlightyear]

For me paying in a cheque is an hour of my time by the time I drive to town, I pay to park, walk to the bank, queue up, then do the reverse should be billed.

you has well frog marched your customer there has well .