[detskpit]

I had the misfortune to pick up the wrong cheque book (old account) and write out a cheque that I didn't have enough funds in the account to cover. Now, I'm actually quite pleased that my Bank did actually go ahead and honour it anyway because it was for an ebay purchase and if it had "bounced" then it probably would have had a detrimental effect on my feedback rating etc, so I don't really mind paying the £20 fee to my bank for writing a "bad cheque".

I was wondering though, is this a standard proceedure these days, to honour any cheque and then charge the writer of the cheque for going overdrawn, or is it perhaps just something my particular bank do?

[siflversonemunk]

I had the misfortune to pick up the wrong cheque book (old account) and write out a cheque that I didn't have enough funds in the account to cover. Now, I'm actually quite pleased that my Bank did actually go ahead and honour it anyway because it was for an ebay purchase and if it had "bounced" then it probably would have had a detrimental effect on my feedback rating etc, so I don't really mind paying the £20 fee to my bank for writing a "bad cheque".

I was wondering though, is this a standard proceedure these days, to honour any cheque and then charge the writer of the cheque for going overdrawn, or is it perhaps just something my particular bank do?

why are you people so worried about feedback considering the issues that have been exposed as of late.

im 97% and people still buy stuff from me.


lol id rather have the bad feed back than loose £20 quid to the admin charges.

and no it isnt standard procedure so dont go thinking you can repeat this because your next one will be retured to drawer you wont get the item from the seller, you'll get a bad feed back and then ull get charged for the fun of it by your bank

[detskpit]

why are you people so worried about feedback considering the issues that have been exposed as of late.

im 97% and people still buy stuff from me.


lol id rather have the bad feed back than loose £20 quid to the admin charges.

and no it isnt standard procedure so dont go thinking you can repeat this because your next one will be retured to drawer you wont get the item from the seller, you'll get a bad feed back and then ull get charged for the fun of it by your bank

Thanks for the reply OHP. I did think it was a little odd that my bank just went ahead and honoured the cheque and I'd wondered what they would have done if it had been a much larger sum. This one was just for a couple of quid, which in fact most of them are as I tend to pay by cheque if the item was below a certain amount so that the seller does at least get something for their trouble rather than have what little profit they had get eaten up in paypal charges.

By the way, what are the "issues" regarding feedback etc? I wasn't aware of any...

[siflversonemunk]

Thanks for the reply OHP. I did think it was a little odd that my bank just went ahead and honoured the cheque and I'd wondered what they would have done if it had been a much larger sum. This one was just for a couple of quid, which in fact most of them are as I tend to pay by cheque if the item was below a certain amount so that the seller does at least get something for their trouble rather than have what little profit they had get eaten up in paypal charges.

By the way, what are the "issues" regarding feedback etc? I wasn't aware of any...

there was an article on watchdog some months back.

somthing to do with the way its set up or sommat i cant remember

[Extinimot]

bad feedback still puts people off, even thought you sell stuff. putting people off means you lose bids. which means you lose money.

[induffike]

I had the misfortune to pick up the wrong cheque book (old account) and write out a cheque that I didn't have enough funds in the account to cover. Now, I'm actually quite pleased that my Bank did actually go ahead and honour it anyway because it was for an ebay purchase and if it had "bounced" then it probably would have had a detrimental effect on my feedback rating etc, so I don't really mind paying the £20 fee to my bank for writing a "bad cheque".

I was wondering though, is this a standard proceedure these days, to honour any cheque and then charge the writer of the cheque for going overdrawn, or is it perhaps just something my particular bank do?

I am in the US but it is pretty customary for most banks here to cover an overdraft if you dont make the habit of doing it all the time. I am not sure, but I think my bank charges $35usd for the service.
You can also carry overdraft protection for an extra charge.

[siflversonemunk]

bad feedback still puts people off, even thought you sell stuff. putting people off means you lose bids. which means you lose money.

yeah but you still get bids and people buy your stuff.

and you tend to get what you want for it

[Extinimot]

yeah but you still get bids and people buy your stuff.

and you tend to get what you want for it

whatever. i wouldnt buy your stuff. you wanna take this outside (msn)?

nah seriously i doubt it makes much difference. especially if yer 95% plus. you gotta take account of the cocks that deal out the negatives

[siflversonemunk]

whatever. i wouldnt buy your stuff. you wanna take this outside (msn)?

nah seriously i doubt it makes much difference. especially if yer 95% plus. you gotta take account of the cocks that deal out the negatives

yup.

outside ? you do know that ill whoop your ass dont you,its not a case of e-rage because i know where you live,work,drink and which mens public toilets you cruise.

[detskpit]

bad feedback still puts people off, even thought you sell stuff. putting people off means you lose bids. which means you lose money.

That's certainly a possiblitly. When I'm looking at an item, I tend to look at the feedback percentage first and if it's below 98% then I'd certainly read some of the recent feeback comments to try and get an idea of why it's not 100% but unless it's something really bad, such as writing "bad cheques " then I'd probably still put a bid on if the item wasn't too expensive.

I suppose the whole feedback system is a good idea because you can get to see what other people thought of the service they received etc, but I do hate it when I get messages from sellers demanding feedback, especially when I haven't even received the item yet [cursing]

[Emunsesoxmete]

I had the misfortune to pick up the wrong cheque book (old account) and write out a cheque that I didn't have enough funds in the account to cover. Now, I'm actually quite pleased that my Bank did actually go ahead and honour it anyway because it was for an ebay purchase and if it had "bounced" then it probably would have had a detrimental effect on my feedback rating etc, so I don't really mind paying the £20 fee to my bank for writing a "bad cheque".

I was wondering though, is this a standard proceedure these days, to honour any cheque and then charge the writer of the cheque for going overdrawn, or is it perhaps just something my particular bank do?

I believe as long as the amount is within the cheque guarantee amount (shown on your cash card), the bank will honour the payment and will deal with you afterwards.

[siflversonemunk]

I believe as long as the amount is within the cheque guarantee amount (shown on your cash card), the bank will honour the payment and will deal with you afterwards.

nope not always.

form experience matey...


also what ive found is that if the cheque is for a silly miniscule amount they tend to honor it but they make you know that they aint to happy about it by whacking a heafty 30 quid charge on it

[xtrslots]

Cheques do bounce which is why our shop no longer accept personal cheques.

[siflversonemunk]

Cheques do bounce which is why our shop no longer accept personal cheques.

that and the fact that 99% of transactions these days are electronic transfers and thus are ineherntly cheeper,quicker and easier to process.

cheques to me if someone was to give me one would say to me "im skint and want to use the cashing time as a safety cushion till payday"

thats why i refuse to accept cheques on ebay plus the fact that cheques attribute to the majority of fraud both in retail and online.

[siflversonemunk]

although I do use cheques but only for when im on detatchments for currency transfers which is required so I have to use them.


apart from that i'll never use a cheque