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OT: Should I be wary of Cash
scottc - 14/12/06 at 02:27 PM

Guys...

Moved home at the end of Sept and have been fighting to get the deposit returned.
House was spotless, apart from the loss of two plants which weren't even on the inventory.

After lots of 1 way communication (us to her) shes finally saying she'll come round this weekend with cash.

No, I'm a little wary of this. Seems like a change of heart, and surely it would be more difficult for her to get cash than to just give us a cheque?

Why does she want to pay by cash, and should I be wary of forged notes?

Edit: Yeah I suppose I could be paranoid!

[Edited on 14/12/06 by scottc]


tri - 14/12/06 at 02:52 PM

you could get a indentifier pen (draw on note if ink changes colour normaly clear to brown) might take a long time but just my idea

Tri


timmyb - 14/12/06 at 02:52 PM

If you've got any concerns, say you'll only accept the cash if she accompanies you to the bank to put it into your account.

Once the bank are in receipt of the money, it's their responsibility, so any forgeries are their loss.

Tim


graememk - 14/12/06 at 03:02 PM

sooner have cash then cheque to be honest


02GF74 - 14/12/06 at 03:20 PM

what's the problem, does she work at a
printers?

or proposing to pay in Khazakstani roubles?


Alan B - 14/12/06 at 03:25 PM

I could have it checked out for you if you'd like to send it to.

Acme bank note inspection services,
C/O..
Behind the Cistern
Third stall along
Gents toilets
Victoria Station
London


russbost - 14/12/06 at 04:03 PM

Cash doesn't bounce anywhere near as high as cheques!


scottc - 14/12/06 at 04:06 PM

I can see the point about cash and how cash is king......

but if I go to the bank with £1k in cash and they tell me its fake I'm fekked. No way I can prove the cash she gave me is what I'm paying in. and the bank will confiscate it (I think)

If the cheque bounces she still hasn't returned the deposit, and I can take her to court.


nick205 - 14/12/06 at 04:19 PM

If she's prepared to visit your new place to deliver cash, then why not ask her to visit your bank and pay it in to your account for you (with you).

I suspect it's more likely that she's been paid in cash for something (rent perhaps) and doesn't want to put it through her books or bank - sounds like she's more keen to avoid tax than than anything for you to worry about.

Also you don't have to pay it into the bank do you - you could just spend it


vinny1275 - 14/12/06 at 04:23 PM

There's a couple of ways of telling a forgery.

The watermark (I saw a 20 once where the queen had a beard)

Newer notes have a hologram thing on them.

Run your thumb across the Bank of England lettering across the top of the note. It should be raised compared to the paper.

Tear gently down the metal strip. It should stop after about half an inch.

Was a good idea about asking her to accompany you to the bank as well.

HTH,


Vince


02GF74 - 14/12/06 at 04:42 PM

quote:
Originally posted by vinny1275
There's a couple of ways of telling a forgery.

The watermark (I saw a 20 once where the queen had a beard)



you're not serious? next you'll be telling us there isn't a picture of Donald Duck on the back of 20s


Catpuss - 14/12/06 at 05:48 PM

quote:
Originally posted by vinny1275
There's a couple of ways of telling a forgery.

The watermark (I saw a 20 once where the queen had a beard)

Newer notes have a hologram thing on them.

Run your thumb across the Bank of England lettering across the top of the note. It should be raised compared to the paper.

Tear gently down the metal strip. It should stop after about half an inch.
Vince


On top of that, rub the note against some plain paper. On proper notes the ink doesn't fully dry and will transfer a mark.

The UV trick doesn't work well as they just rub sun tan lotion into the paper.

As also said earlier, sounds more like she is just trying to avoid putting some other rent through the books so that she doesn't get taxed on it.


stevebubs - 14/12/06 at 07:36 PM

You can get a "how to detect a forgery" pamphlet from (I think) the post Office which tells you what to look for