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Jo C.
Jo C., Barrister
Category: Law
Satisfied Customers: 71040
Experience:  Over 5 years in practice
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I do not have a bank account, and can not have one. I recieve

Customer Question

I do not have a bank account, and can not have one. I recieve regular cheques, payable to myself and endorsed "account payee ony." These are for my retirement pension. How can I turn these cheques into cash?
Submitted: 3 years ago.
Category: Law
Expert:  Jo C. replied 3 years ago.

Thank you for your question. My name is Jo and I will try to help with this.

Why can you not have a basic bank account?
Customer: replied 3 years ago.

I waws recently made bankrupt

Expert:  Jo C. replied 3 years ago.
Yes, so you can't have a cheque book

But a basic account with no credit?
Customer: replied 3 years ago.

In my situation, banks seem reluctant to open an account

Expert:  Jo C. replied 3 years ago.
Yes, they will deeply reluctant.

There is no prospect of a standard bank account with any form of credit or even a cheque book.

However, a basic account allows a debtor to deposit things like wage cheques etc without creating risk. Have a look here

You can also use a Post Office Card Account.

Hope this helps.

Can I clarify anything for you?

Customer: replied 3 years ago.

Thanks for your advice which sounds good and which I will try.


Now can I offer your enterprise some advise from this end.


Your site is extremely unstable and misleading. I had to drill very deep to obtain your answer, it taking about 42 minutes to get at your proposed solution. At one point I registered my dissatisfaction with the service and only by chance did your answer materialise. Not the fault of you, the expert, perhaps, but yout IT man. In the end, though, it was good. Thankyou.

Expert:  Jo C. replied 3 years ago.
No problem and all the best. I will pass on your comments.

Remember that I am always available to help with your questions. Even if I am in Court I will usually pick up a question within 12 hours. For future information, please start your question with ‘For Jo C’. You can also bookmark my profile