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Train ticket

Discussion in 'General Discussion' started by ac1d1ty, 15 May 2010.

  1. ac1d1ty

    Wise Guy

    Joined: 26 Jan 2007

    Posts: 2,470

    So i didnt have any money on me and hence asked to use a cheque, first time ever :D any way even though i did not have a cheque card (?) He printed me a ticket. Problem is that i just realised that i dont actually have any money in that account. I wont be able to transfer any for around 5 days. Am i going to get in trouble?
     
  2. tom_e

    Man of Honour

    Joined: 26 Dec 2003

    Posts: 27,727

    Location: Shropshire

    Depends how quickly they deposit the cheque
     
  3. PapaLazaru

    Capodecina

    Joined: 23 Dec 2009

    Posts: 17,901

    Location: RG8

    You actually carry round a cheque book?
     
  4. Berserker

    Man of Honour

    Joined: 4 Nov 2002

    Posts: 15,454

    Location: West Berkshire

    They actually accepted a cheque?

    That train ticket just cost you rather more than you expected. There's at least one bank charge incoming for you. Enjoy.
     
  5. ac1d1ty

    Wise Guy

    Joined: 26 Jan 2007

    Posts: 2,470

    Eh? How is that?
     
  6. Berserker

    Man of Honour

    Joined: 4 Nov 2002

    Posts: 15,454

    Location: West Berkshire

    Because that's what banks do. You'll either get charged for a declined transaction, or charged for an unauthorised overdraft. If you used a cheque guarantee card, it'll be the latter. If not, bank's discretion.

    Also, if the former, then it's up to the train company to decide what - if anything - to do about it.
     
  7. ac1d1ty

    Wise Guy

    Joined: 26 Jan 2007

    Posts: 2,470

    ****
     
  8. [TW]Fox

    Man of Honour

    Joined: 17 Oct 2002

    Posts: 157,388

    Did you know its a criminal offence to pass a cheque for which you do not have funds?

    I also find it stange that you went out without any money yet happened to have a chequebook on you..
     
  9. TS7

    Mobster

    Joined: 16 Feb 2010

    Posts: 2,546

    Location: East Mids

    If you deposit money in cash at a branch it's normally instant.
     
  10. K.C. Leblanc

    Sgarrista

    Joined: 13 Sep 2003

    Posts: 8,161

    Location: Glocestershire

    Right, phone your bank now and ask to extend your overdraft limit, this is probably the best solution if you can't pay funds in.

    If you you don't do this either your bank will honour the cheque and you'll end up with an unauthorised overdraft (and a fee) or they'll bounce the cheque (and change you a fee), the train company will receive the cheque in the post (via their own bank) and will be able to pay it in again.
     
  11. muon

    Capodecina

    Joined: 8 Nov 2006

    Posts: 20,185

    Location: London

    Why don't people have an agreed overdraft facility? Even something like a £250 one can save you a lot of money.
     
  12. daelo

    Hitman

    Joined: 22 Sep 2009

    Posts: 980

    who carries around a cheque book when you knew you didnt have any money in the account to actually use it, how very odd:confused:
     
  13. K.C. Leblanc

    Sgarrista

    Joined: 13 Sep 2003

    Posts: 8,161

    Location: Glocestershire

    The thing is most people do, but they don;t think they've run out of money till they've used the OD. (Me included)
     
  14. Strife212

    Capodecina

    Joined: 15 Dec 2007

    Posts: 16,574

    I count my bank as being empty when its at £0 balance, not £0 remaining :p
     
  15. Berserker

    Man of Honour

    Joined: 4 Nov 2002

    Posts: 15,454

    Location: West Berkshire

    My thoughts too. Very unusual. :confused:

    Pretty much the only reason I ever carry a cheque book these days is when I want to use a paying-in slip from the back of the book. Haven't used a cheque in a shop for years, and you're lucky if they even accept them now.

    Me too, but a lot of people don't (whether or not out of choice). Interest-free overdraft allowances really don't help in that respect.

    That's not to say I've never used an overdraft - very far from it - but I consider them for emergency use only.
     
    Last edited: 15 May 2010