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frank
08-01-2006, 09:00 PM
If you are self employed or just starting out then this free advice from the UK Government may be helpful http://www.payontime.co.uk/collect/collect_whycheck.html

abdulazman
09-01-2006, 02:42 PM
You got any info on other goverment org.?
lol mate.

Argus
09-01-2006, 03:18 PM
Useful site, Frank. Thank you.

I've got a bee in my bonnet at the moment about the time it take to clear cheques. The 3 day rule is a fraud when it extends to over a week for some Scottish banks and building Societies/Banks.

It's estimnated that there is anything up to ?30M in clearing houses at any one time. Work out the interest and you can see why the banks don't want to change.
________
Corolla E110 (http://www.toyota-wiki.com/wiki/Toyota_Corolla_E110)

frank
09-01-2006, 07:53 PM
Argus

I understand that it takes 10 days to clear a cheque through a Building Society (from having to pay one of my employees by BACS) :eek: - why so long?

Argus
11-01-2006, 12:36 AM
Argus

I understand that it takes 10 days to clear a cheque through a Building Society (from having to pay one of my employees by BACS) :eek: - why so long?



Beats me, Frank.

I thought a week was bad enough.
________
hashish (http://trichomes.org/hashish/full-melt-hash)

Abe
11-01-2006, 11:28 AM
The Banks make 60 million in interest through the present system

The ball is in their court

Any wonder why the reluctance to change???