Active discussions

Meet the Other Phone. Flexible and made to last.

Meet the Other Phone.
Flexible and made to last.

Buy now

Please or to access all these features

Talk
Money matters

Find financial and money-saving discussions including debt and pension chat on our Money forum. If you're looking for ways to make your money to go further, sign up to our Moneysaver emails here.

Original poster

Expecting a cheque from HSBC for approx £3000 and I need to cash it without trace ... Is this possible ?

38 replies

private · 14/01/2016 00:57

For reasons I won't go into on this thread I need to cash a cheque , made out to me , and I don't want to pay it into my everyday bank account .
I'll very likely have to provide my solicitor ( I'm divorcing Stbx and paying £4000 for divorce and financial settlement ) with 12 mths bank statements and I really don't want this £3000 showing up .
Can I cash it anywhere else or maybe if I pay it into an account I never use and then withdraw it a few days later, and then close the account ( savings ) he would never know anyway ?
It all sound very fishy I know but my question isn't about ethics it's just the practicalities please . If STBX discovers I have it it will be another year before I can proceed with divorce .

OP posts:
SeoulSista · 14/01/2016 00:59

This reply has been deleted

Message withdrawn at poster's request.

Gobbolino6 · 14/01/2016 01:05

Surely you're legally obliged to declare all accounts? You might be able to cash it at a pawn shop or similar, but legally I'd imagine you'd be on very dodgy ground.

Original poster
private · 14/01/2016 01:06

I never thought of that thanks ( solicitor ) . I will ask her .
Thanks again .

OP posts:
PatriciaHolm · 14/01/2016 09:40

If it's a crossed cheque that says "Account payee only" or "A/C Payee Only" (likely) then no, it can't be signed over; it can only be paid into an account in the name of the person its made out to. I would imagine most solicitors would be wary of accepting a cheque this way as well, given it's obvious why it's being done.

lovefairylights · 14/01/2016 09:46

See if you can get some kind of savings account with a passbook - usually building societies do them. You can't manage them online and i don't think I even get statements on one of mine. Then when you want to pay solicitor ask them to do a bank transfer to the solicitor - you may have to pay a £20 charge rather than a cheque being issued to your name for free.

SewSlapdash · 14/01/2016 09:57

Solicitors are not permitted to hold money for no purpose. You will need to open your own account to deposit it.

GlacindaTheTroll · 14/01/2016 10:01

You can't use a solicitor as they will (rightly) refuse to be a party to the concealment of assets by one person during a divorce.

Marzipants · 14/01/2016 10:09

How long do you need to provide 12 months of bank statements from? Could you hold onto the cheque until afterwards? Maybe get a 0% credit card for the amount to tide you through..?

SageMist · 14/01/2016 10:11

Can you leave it for a while before paying it in? Aren't cheques valid for 6 months?

ceeveebee · 14/01/2016 10:11

If a man was asking how to conceal assets during a divorce settlement I imagine he'd get a very different response...

VertigoNun · 14/01/2016 10:12

You want to lie to the court in your form E? Shock

ivykaty44 · 14/01/2016 10:19

No cheque is legal for a set amount if time, the company could close and you would be out of pocket - just had a cheque back with company closed stamped over it! Only twenty wuid though not three grand....

There are shops that will cash cheques for you but they charge a fee.

www.themoneyshop.com/cheque-cashing/

12% fee!!!

I would just put the cheque into an account and worry about producing your bs at a later date, if it happens

NoSquirrels · 14/01/2016 10:20

Cheques are valid for 6 months - how soon will you need to provide 12 months' statements? Can you hold off on cashing it and move forward with providing the statements now (January is a good time, a full calendar year).

Where is the cheque coming from? Can you ask it is issued to someone else (i.e. direct to the solicitor?)

A one-off payment of £3000 doesn't sound like enough to change the financial settlement of your divorce, though - are you sure it's necessary or just a bit panicked?

NoSquirrels · 14/01/2016 10:22

Sorry - see you answered question in thread title that's coming from HSBC. Obviously you can't get it issued elsewhere then.

Antisoc · 14/01/2016 10:24

Shock sounds very fishy.....

DesertOrDessert · 14/01/2016 10:25

You shouldn't be hiding funds, but for a heafty fee, you can get the cash for a cheque

LettuceLaughton · 14/01/2016 10:28

Such a contrast with yesterday's thread Hmm

DesertOrDessert · 14/01/2016 10:37

Oh, what happened yesterday, Lettuce?

Pipistrella · 14/01/2016 10:41

You've come here to ask for help committing fraud, or have I missed something?

Good luck with that!

sofato5miles · 14/01/2016 10:41

Why do you think your ex would delay the divorce by a year?

Skullyton · 14/01/2016 10:43

can you get the cheque made out to a parent and have them cash it for you?

VertigoNun · 14/01/2016 10:46

Those helping in the fraud as just as bad as op.

Pipistrella · 14/01/2016 10:57

Having seen yesterday's thread, I can see your reasons. I think though that you are taking a huge risk with your own situation if you try and play games with it.

Just declare everything. Don't let your emotions get in the way. At the very least get professional advice about this, so that you are above board and not breaking the law.

Asking on MN is really, really daft. sorry.

Zorra · 14/01/2016 12:55

Try a credit union. I have an account because I like to support local finance, but to my knowledge it is not linked to other accounting systems and probably won't show up anywhere. I don't know if this is true in the bigger ones though so check out your local ones first.

ninekidz54 · 14/01/2016 14:15

You can take 6 months to cash a check, would it help to wait?