Following on from a previous thread where BOI required Mr Daisy2012's signature as endorsement on a cheque being lodged by my niece (and then by me) made out to Mr Daisy2012 into our joint account, I've just had BOI Global Markets do something similar.
Short version, I've been lodging cheques for me or my husband into our joint account for donkeys, and have never had to endorse the cheque. My niece went to lodge a cheque for 10K into our joint account and they refused to take it without his signature on the back. She then went to another bank and wrote my name and phone number on the express lodgement slip and dropped it in. The bank then rang me and said they couldn't accept it without his signature on it. When pressed as to why, they said that I could be lodging it to then withdraw it without his knowledge. Aha, said I, what about the other 50K in the account? Couldn't he have that instead. I told them we had left the country and couldn't sign it now. He was luckily too thick to wonder why he had called me on an Irish landline a couple of hours later... cheque was lodged.
Now BOI GM accept my instruction to transfer from our USD account, and then secretly ring Mr Daisy2012 to ask is that OK. This has also never happened before and we've done it loads of times.
Leads me to wonder who managed to sting BOI for how much by doing something like this, or is it just something for them to do when they mustn't have much else to be doing? Any ideas?
Short version, I've been lodging cheques for me or my husband into our joint account for donkeys, and have never had to endorse the cheque. My niece went to lodge a cheque for 10K into our joint account and they refused to take it without his signature on the back. She then went to another bank and wrote my name and phone number on the express lodgement slip and dropped it in. The bank then rang me and said they couldn't accept it without his signature on it. When pressed as to why, they said that I could be lodging it to then withdraw it without his knowledge. Aha, said I, what about the other 50K in the account? Couldn't he have that instead. I told them we had left the country and couldn't sign it now. He was luckily too thick to wonder why he had called me on an Irish landline a couple of hours later... cheque was lodged.
Now BOI GM accept my instruction to transfer from our USD account, and then secretly ring Mr Daisy2012 to ask is that OK. This has also never happened before and we've done it loads of times.
Leads me to wonder who managed to sting BOI for how much by doing something like this, or is it just something for them to do when they mustn't have much else to be doing? Any ideas?