Hi,
This is a silly thought that has gone through my mind but... can you pay
cheques to a specific bank account number?
I mean, if I was writing a cheque to 'Joe Davies' could I instead just write
the cheque, replacing 'Joe Davies' in the 'To' line, with his bank account
number of XXXXXXXXX?
Just a thought - wouldn't that be more secure?
John.
On Sat, 10 Jun 2006 12:13:23 GMT, "John Smith"
<> wrote:
>Hi,
>
>This is a silly thought that has gone through my mind but... can you pay
>cheques to a specific bank account number?
>
>I mean, if I was writing a cheque to 'Joe Davies' could I instead just write
>the cheque, replacing 'Joe Davies' in the 'To' line, with his bank account
>number of XXXXXXXXX?
>
>Just a thought - wouldn't that be more secure?
More prone to error though, writing a string of digits without any
validation char.
Tiddy Ogg.
> "John Smith" wrote:
> >This is a silly thought that has gone through my mind but...
> >can you pay cheques to a specific bank account number?
> >
> >I mean, if I was writing a cheque to 'Joe Davies' could I
> >instead just write the cheque, replacing 'Joe Davies' in the
> >'To' line, with his bank account number of XXXXXXXXX?
> >
> >Just a thought - wouldn't that be more secure?
>
"Tiddy Ogg" wrote
> More prone to error though, writing a
> string of digits without any validation char.
Don't bank a/c nos include a validation char already?
In message <DHyig.24419$>, John Smith
<> writes
>Hi,
>
>This is a silly thought that has gone through my mind but... can you pay
>cheques to a specific bank account number?
>
>I mean, if I was writing a cheque to 'Joe Davies' could I instead just write
>the cheque, replacing 'Joe Davies' in the 'To' line, with his bank account
>number of XXXXXXXXX?
No, it wouldnt be a cheque anymore. The definition of a cheque is a bill
of exchange, payable on demand, drawn on a banker. A Bill of Exchange is
defined as an unconditional order in writing, addressed by one *person
to another*.....
A mere number is impersonal. A cheque form bearing an impersonal payee,
(other examples are 'cash' or 'wages') were deemed not to be cheques in
Orbit Mining & Trading v NatWest 1962 although that case did not exempt
the cheque form from being handled as though it was a cheque but the
circumstances were quite different to here.
>
>Just a thought - wouldn't that be more secure?
No, because account numbers are not unique. The same account number will
occur at a number of branches of the original clearing banks. This does
not happen for the new pretend banks, like Halifax etc., who oonly have
one sorting code number.
--
John Boyle
In message <> writes
>"Tiddy Ogg" wrote
>> More prone to error though, writing a
>> string of digits without any validation char.
>
>Don't bank a/c nos include a validation char already?
Thats right, they do.
--
John Boyle
John Boyle wrote:
> In message <DHyig.24419$>, John Smith
> <> writes
>> Hi,
>>
>> This is a silly thought that has gone through my mind but... can you pay
>> cheques to a specific bank account number?
>>
>> I mean, if I was writing a cheque to 'Joe Davies' could I instead just
>> write
>> the cheque, replacing 'Joe Davies' in the 'To' line, with his bank
>> account
>> number of XXXXXXXXX?
> No, it wouldnt be a cheque anymore. The definition of a cheque is a bill
> of exchange, payable on demand, drawn on a banker. A Bill of Exchange is
> defined as an unconditional order in writing, addressed by one *person
> to another*.....
>
> A mere number is impersonal. ...
OK, playing devil's advocate, how about making the cheque payable to the
person, and endorsing it to the effect it must be paid into a particular
account number? It would, if nothing else, alert the receiving bank
staff to a potential problem.
--
Please use the corrected version of the address below for replies.
Replies to the header address will be junked, as will mail from
various domains listed at www.scottsonline.org.uk
Mike Scott Harlow Essex England.(unet -a-t- scottsonline.org.uk)
In message <d2Eig.16003$>, Mike Scott
<> writes
>>>, replacing 'Joe Davies' in the 'To' line, with his bank account
>>> number of XXXXXXXXX?
>> No, it wouldnt be a cheque anymore. The definition of a cheque is a
>>bill of exchange, payable on demand, drawn on a banker. A Bill of
>>Exchange is defined as an unconditional order in writing, addressed
>>by one *person to another*.....
>> A mere number is impersonal. ...
>
>OK, playing devil's advocate, how about making the cheque payable to
>the person, and endorsing it to the effect it must be paid into a
>particular account number? It would, if nothing else, alert the
>receiving bank staff to a potential problem.
>
That would work. In fact the origination of the words '& Co' on the old
cheque crossing derives from a similar system years ago. When the drawer
wanted to ensure that the cheque was to be collected by a particular
bank they would write 'Barclays Bank & Co' with two lines across the
cheque. This then became merely '& Co' meaning the cheque had to go into
a bank account and couldnt be paid as cash.
I see no problem with your suggestion.
--
John Boyle