I received two cheques after my limited company had closed down, both made out in the company name. (One is for an overpayment on a mobile phone contract, the other is from HMRC for early corp tax payment.)
On at least one previous occasion (maybe more), admittedly quite some time ago, I was able to pay such cheques into my personal account at my local branch, having provided documentary evidence that the company was mine and that it now closed. However, I took them to branches at two different banks today and both refused, claiming that it simply wasn't legal and they had no power of discretion.
Is this correct and hence is it literally a straight choice of either getting them changed into my name or writing them off?
I've searched this forum and see that BrilloPad successfully got an HMRC cheque changed but it was a lot of hassle. The amount was certainly worth walking into town for but not for pulling out all the stops.
On at least one previous occasion (maybe more), admittedly quite some time ago, I was able to pay such cheques into my personal account at my local branch, having provided documentary evidence that the company was mine and that it now closed. However, I took them to branches at two different banks today and both refused, claiming that it simply wasn't legal and they had no power of discretion.
Is this correct and hence is it literally a straight choice of either getting them changed into my name or writing them off?
I've searched this forum and see that BrilloPad successfully got an HMRC cheque changed but it was a lot of hassle. The amount was certainly worth walking into town for but not for pulling out all the stops.
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