From: =?ISO-8859-1?Q?=AEi=A9ardo?= 
Newsgroups: uk.finance
Subject: Re: Unauthorised Overdraft Charges
Date: Thu, 19 Apr 2007 06:42:04 GMT

Ronald Raygun wrote:
> John Boyle wrote:
> 
>> In message , Peter Saxton
>>  writes
>>>> As stated here and in uk.finance ad nauseam, many atms are not online at
>>>> the time of the withdrawal.
>>> So the bank is still letting the customer take the money. I am stating
>>> that ad nauseam.
>>>
>> So you would want all cheque guarantee cards removed, and all non
>> 'on-line' transactions stopped?
> 
> Not necessarily.  Issuing someone with a £100 cheque card and a book
> of 30 cheques in effect *is* giving the customer an agreed £3k
> overdraft.
> 
Letting you loose with a cheque book and card seems as sensible as 
giving you a gun and ammunition and allowing you to tour American colleges!

-- 
Moving things in still pictures!