Have the rules for the acceptance of cheques changed recently? My wife has a set of premium bonds in the name "B Jones". Her account at the Nationwide is in the name "A B Jones" and this has caused some problems recently. the Nationwide refuses to accept the premium bind cheques any more.
She tried another building society and got the same response.
Have the rules been tightened up recently? THis never used to cause a problem.
Is it only if the first initial is missing that a cheque is now refused or do ALL the initials have to match?
What made the whole thing more annoyoying is that the NWBS returned the cheque saying "wrong name" and we thought it had something to do with her using her madien name (which she does) and paying the cheque into a joint account, or to do with her being Mrs. on the cheque and Dr. on the account. We tried sending it to an account that was only in her name and it can back with a facetious hand written note attached to it which did, at least, explain that it was the missing first initial that was the problem, not the name after all.
thanks
Robert Laws