From: "Barry Ward" 
Newsgroups: uk.finance
Subject: Re: Guarantee card worthless
Date: Sun, 27 Aug 2006 21:35:09 GMT


"Peter Saxton"  wrote in message 
news:jbque2t72j8rjheur14u276ueqlqjcrenp@4ax.com...
> On 25 Aug 2006 06:07:09 -0700, "dixthewiz"
>  wrote:
>
>>
>>My wife recently accepted a cheque for a relatively modest sum backed
>>by a guarantee card.  The guarantee card number and details were
>>correctly entered by her on the reverse of the cheque.
>>
>>That cheque has now bounced.  So the guarantee of the card is
>>worthless.
>>
>>The bank (Nat West) says the customer reported the cheque book as lost.
>> But then, it seems, this customer proceeded to use the cheques from
>>this 'lost' book.
>>
>>The bank obviously knows the customer but will not inform my wife of
>>her address so she can chase it up.  The bank doesn't seem willing to
>>get involved.
>>
> If they didn't want to get involved they shouldn't have issued the
> guarantee card!
>
>>So the lesson learned is that cheque guarantee cards are worthless.
>>
>>Be warned.
>>
>>dix
>
> The lesson is that banks are staff by idiots and they have to be
> threatened with legal action.
>
> -- 
> Peter Saxton from London
> peter@petersaxton.co.uk

Too right there.



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