A second cash-a-cheque shop on high st...

The place for serious discussion, announcements and breaking news about Sydenham
Post Reply
Loobus
Posts: 14
Joined: 20 Oct 2011 15:38

A second cash-a-cheque shop on high st...

Post by Loobus »

Am I right? Hope not!!

[ Post made via Mobile Device ] Image
Eagle
Posts: 10658
Joined: 7 Oct 2004 06:36
Location: F Hill

Re: A second cash-a-cheque shop on high st...

Post by Eagle »

Why do you need a sop to cash a cheque.

Banks have done this for centuries.
Lisa
Posts: 46
Joined: 20 Apr 2010 23:06
Location: se22

Re: A second cash-a-cheque shop on high st...

Post by Lisa »

do you get a free bucket of chicken wings if you cash ova a 100 quid :wink:
Voyageur
Posts: 428
Joined: 2 Jan 2011 13:23

Re: A second cash-a-cheque shop on high st...

Post by Voyageur »

Eagle wrote:Why do you need a sop to cash a cheque.

Banks have done this for centuries.
Is it that easy to cash a cheque in a bank these days? I thought they checked first whether you had enough cash in your account first now? Could well be wrong, I haven't cashed a cheque in years..
Fatbackfour
Posts: 97
Joined: 13 Nov 2009 18:48
Location: sydenham

Re: A second cash-a-cheque shop on high st...

Post by Fatbackfour »

Our economy works on supply and demand so you would imagine that there is a demand.
It is easy to mock those who have no other options than to use these services.
Can you imagine our high street banks ( which we keep being asked to bail out ) extending thier facilities to people who fall outside the mainstream . You might want to be grateful you dont have to.
Weeble
Posts: 358
Joined: 1 Nov 2004 17:56
Location: Sydenham

Re: A second cash-a-cheque shop on high st...

Post by Weeble »

Eagle wrote:Why do you need a sop to cash a cheque.

Banks have done this for centuries.

You may need it if:

a) you don't have a bank account; or

b) you have cash flow problems and need the money instantly rather than having the luxury of waiting days for a cheque to clear.

They will charge a % of the value of the cheque for the privilege.

Jury is out on whether these services prey on the vulnerable or offer an essential service for those in need - a little of both probably the answer.
G-Man
Posts: 611
Joined: 24 Jul 2008 09:30
Location: SE26

Re: A second cash-a-cheque shop on high st...

Post by G-Man »

See this thread with more comments...

http://sydenham.org.uk/forum/viewtopic.php?f=1&t=6863

[ Post made via Mobile Device ] Image
Post Reply