BHS reply for everyones info:
'We are happy to refund unworn items in store for one month after purchase with a receipt or despatch note. Without proof of purchase we will offer an exchange at the current selling price.
We do not offer refunds on perishable items, pierced jewellery or where otherwise stated. If you purchased your item using a credit/debit card, you will also need this with you to obtain a refund.
Items purchased online can be returned to our warehouse, as long as they are in their original condition and within 14 days of receipt. Exceptions to this are perishable items, unsealed DVDs, CDs and software, customised items, pierced jewellery, swimwear, underwear, mattresses and bedding items where the hygiene seal has been broken. To return by post, please click here to access our online returns centre. To arrange a courier collection, please log on to www.myhermes.co.uk/returns/bhs and follow the on-screen instructions.
For online returns on purchases from Bhs Menswear, please log in to your account to create a Returns Authorisation Number.
To return items of furniture, please contact our Furniture After Sales team on 0845 196 0000.
If you wish to return an item purchases on Bhs Direct, please call 0871 984 4412 or visit www.bhsdirect.co.uk.
BHS Customer Care
We hope that this answered your question, however, if it did not please click here to send us further details regarding your query and a member of our Customer Care Team will contact you shortly.'
My view:
Doesnt address the gift receipt issue, but it seems to mean that you need to have bought the item yourself or have the original bill if paid by cash to get the refund or credit back to the persons bank only if they are present with a debit/credit card. Otherwise you are back to the store gift card.
Anyway thanks for all your help.