First time posting my own thread but here we go,
Having fully switched to Monzo quite a while ago I haven’t used cheques that much, not that I used them much beforehand, except for paying the DVLA in Northern Ireland before they got with the times and started offering online services.
I found an old Nationwde cheque book this evening, this is one of the accounts that I fully switched to Monzo using the CASS. This made me a bit curious so I done some research and discovered the cheque redirection service, which looks, to me, like an unspoken fundamental rule of the CASS. Which appears to work in a similar manner (only in reverse) to the payment redirection process for when payments are redirected to your new account in the event that the old sort code and account number are given in error or you’ve just not updated someone.
If I wrote a cheque and it was deposited into an account, and it went through the clearing process, made it’s way to the NW clearing centre who would say (provided I haven’t misunderstood anything to do with the redirection service) this is an old customer of ours, who has since switched to Monzo, we will forward the cheque on to Monzo with their customers details and they will process the cheque under the rules.
Now as we know, Monzo, being with the times, don’t, and probably wont offer payments out of their accounts by cheque.
How would a cheque be treated if this scenario were to occur ?
I was tempted to try it, paying it in using the cheque imaging option on my obsolete HSBC app, but couldn’t be bothered with the hassle and the chequebook has since been incinerated so I will never get to try it out.