Bank won't take cash to repay debt.

> as saying that they are unable to accept cash payments for credit card > bills following a recent EU directive. >

"Maurice Dunbar, 69, was told new Euro rules meant his £60 in notes could not be accepted.

He had paid his bills with cash at the Co-operative branch for 25 years.

Maurice, who works as a clairvoyant, said: "What kind of bank does not accept cash?"

He didn't see *that* coming. Maybe he should be rethinking his occupation.

> as saying that they are unable to accept cash payments for credit card > bills following a recent EU directive. >

I can't help thinking that a person who's so poor that they can't get a basic bank account is unlikely to have a credit card.

ISTR that if you offer to pay in legal tender, and they decline to accept, your debt is discharged. And that legal tender is £1 coins.

Maybe I got that wrong.

Most people can get a "Basic banking account", even poor people with poor credit histories.

Somebody will be along to correct in a minute but ISTR that if you offer legal tender and they refuse to take it they cannot take you to court for non payment.

BoE Notes are legal tender and I think it is also coins up to a liit of

1. So they can send you away with your £10k in 2ps and say "don't be silly."

Mr Hate Europe Murdock says, this old man says that The Coop says that there is this EU directive, that nobody can be bothered looking up, that says that good old British Pounds are no good round here no more. Yea right!

>> as saying that they are unable to accept cash payments for credit card >> bills following a recent EU directive. >>

Add to the fact I think everyone is now entitled to a basic bank account so they can have benefit payments paid in to them.

But basic bank accounts do not usually provide chequebooks or DD cards.

No, the debt is not discharged until it is paid. However, if the bank chose to sue you for the debt, then you could simply pay the cash into court, and at that point the debt is legally discharged.

Correct. Copper is legal tender for amounts up to 20p. Silver coins of

5p or 10p are good for up to £5. Silver coins of 20p or 50p are good for up to £10. Higher denominations, that is, coins of £1, £2, or £ 5 denomination, or notes of £5, £10, £20, or £50 denomination, are le gal tender for unlimited amounts. [Coinage Act 1971]

It is probably something to do with this:

(read the column headed background) There are various links from the above, to be followed if you are that way inclined. Probably some dimwitted jobsworth at Coop Bank has misread something somewhere, probably some internal communication from the higher echelons of the bank, that, more than likely contained spelling mistakes and poor grammar. See

Alasdair posted

It's probably just the old "Sorry we have to do this because of X" routine you get from organisations when they decide they don't want to do something for their own reasons.

"New European rules" is just one of the possible values of X; others are "health and safety", "the insurance", "the computer", "data protection", "security" and "child protection".

No, but you can set up DD's And if you go into the branch, they'll give you a printed cheque subject to the funds being available in your account, which is a lot cheaper than getting a postal order from the PO.

> enough-for-Co-op-bank.html > > as saying that they are unable to accept cash payments for credit > > card bills following a recent EU directive. > >

If the ard is isued by or through the co-op bank and the bank refuse to accept cash as payment they can not then add charges to the account

Sam posted

That's probably the reason the Co-op has invented this special new rule. Suppliers would love to force DDs on as many people as possible. There's nothing as handy as having access to your customers' bank accounts.

Never heard of that, my A&L basic account doesn't offer it (not explicitly anyway). How much does it cost and how long does it take to arrange?

But probably a lot less convenient than paying cash.

In article , Big Les Wade writes

Ah the old DPA ploy, Virgin Medicre have taken to using this excuse when asked a non specific question about general pricing and accounts, saves them having to deviate from the crib sheet.

Mike

The above link does not work for me. This one goes to the Birmingham post where the Sun probably snitched the article from

I have a credit card with the coop and got a letter about 2 months ago which said they were stopping cash payments for settling credit card accounts. No real explanation and when I went into the bank the cashiers couldn't explain it either. They said they would fix me up with a payment account to transfer money from that to the credit card account. I still don't know why. I stopped using the credit card and am in the process of looking for another supplier. Unless all banks are doing this in which case I'd be wasting my time. Does anyone know if other banks are doing this?

I have also found this

and this Twisted English and acronyms. Gobbledygook for anyone not in the finance industry

I'm still baffled as to why I can't take a bill and cash into the branch and pay the bill.

I've had to do it twice because of an emergency, once got mugged and lost all my cards, canceled them at the bank and had the bank raise a counter cheque made out to cash for me to get hundred quid.

Just ask them to raise a counter cheque and make it out to whoever you like. It didn't cost me anything and was done there and then.

"Rob" wrote

If so, then who decides whether you're telling the truth or not?...

NOT telling truth => CAN take to court for non-payment.

But... Telling the truth => canNOT go to court, so court cannot even decide if you're telling the truth that you offered & they refused!

martin posted

Mmm. My A&L account T&Cs forbid me from using counter services. I have to use their phone helpline for stuff that I can't do at an ATM. I'll try ringing them and see if it's possible.

AlanG posted

snip

Now that I think of it, a year or two I tried paying cash over the counter at a Nationwide branch to pay my Nationwide credit card bill. They accepted it, but said it would take three days to clear, just as if it were a cheque.

So it may be part of the CC companies' efforts to get people to miss a monthly payment and thus incur a charge.