timbo343 Posted January 28, 2016 Posted January 28, 2016 We have an inkjet printer at the moment which we use for printing off cheques however it has been reviewed and we have discovered the Cheque & Credit clearing company PDF which gives a list of cheque printers along with the codes for the MICR toner/ink which should be used for printing cheques. Our printer isn't on the list nor are most of our printers that we have around school so I was wondering what others do in the way of printing cheques. Thanks
6Foot2 Posted January 28, 2016 Posted January 28, 2016 Our blank cheques come from our bank in batches. We use them is cheque number order. If any cheques are destroyed/misprinted the print sequence for that entire print run is cancelled and those cheques destroyed [something about the way FMS works] The cheques are then re-issued using new cheque numbers. The bank prints the cheques on tamper-evident paper. Standard stuff, I am sure. Our cheque printer is a laser printer connected to the computer via USB. This printer is not shared. In this way we minimise the chances of printing a letter on one of our cheques.
elsiegee40 Posted January 28, 2016 Posted January 28, 2016 We dumped them and have moved over to BACS. At my employing school we literally have one regular supplier we have to pay by cheque (a judo teacher - long story -don't ask) and everything else is paid direct to bank accounts, including staff expenses My governor school has done the same now and hasn't looked back. They reckon they save hours by using BACS. Both are sending out electronic remittances too so saving a fortune on postage as well as printing
twin--turbo Posted January 28, 2016 Posted January 28, 2016 We dumped them and have moved over to BACS. My old school was using BACS 10-12 years ago, can't believe anyone seriously uses Cheques any more in business??? Even BACS is old now.. "Faster Payments" has been the prefered method of inter bank funds transfer for many years. TT
FN-GM Posted January 28, 2016 Posted January 28, 2016 Our blank cheques come from our bank in batches. We use them is cheque number order. If any cheques are destroyed/misprinted the print sequence for that entire print run is cancelled and those cheques destroyed [something about the way FMS works] The cheques are then re-issued using new cheque numbers. The bank prints the cheques on tamper-evident paper. Standard stuff, I am sure. Our cheque printer is a laser printer connected to the computer via USB. This printer is not shared. In this way we minimise the chances of printing a letter on one of our cheques. The problem using a laser printer is if the cheque is stolen from the post, the printing can be lifted and it can be reprinted with a new amount and a new payee.
twin--turbo Posted January 29, 2016 Posted January 29, 2016 even my window cleaner prefers EFT over hard cash! TT
localzuk Posted January 29, 2016 Posted January 29, 2016 We stopped printing cheques at least 3 years ago now. The vast majority of payments are done via BACS, some using the school credit cards, and any cheques filled out by hand. There's so few cheques, I think a cheque book lasts us most of a year.
stitch Posted January 29, 2016 Posted January 29, 2016 The problem using a laser printer is if the cheque is stolen from the post, the printing can be lifted and it can be reprinted with a new amount and a new payee. Now how do you know that?
FN-GM Posted January 29, 2016 Posted January 29, 2016 (edited) Now how do you know that? A former employer. They had £100,000 stolen out of the account using that method. Edited January 29, 2016 by FN-GM 1
smithson83 Posted January 29, 2016 Posted January 29, 2016 We have a dedicated HP LJ P3010 that was on the pre approved list of printers. Apparently if you get some blu-tac nice and warm (needing it in your fingers for a bit) and stick and lift over the printed cheque, if it stays put, you're ok.
6Foot2 Posted January 29, 2016 Posted January 29, 2016 A former employer has £100,000 stolen out of the account using that method. Point of clarification: 1. A former employer's account has been robbed of £ 10,000? 2. A former employer has stolen £ 10,000 from another person's account? Situation currently unclear. Thanks. 2
FN-GM Posted January 29, 2016 Posted January 29, 2016 Point of clarification: 1. A former employer's account has been robbed of £ 10,000? 2. A former employer has stolen £ 10,000 from another person's account? Situation currently unclear. Thanks. Ha ha, edited Point of clarification: it was £100,00 not £10,000 :D
6Foot2 Posted January 29, 2016 Posted January 29, 2016 ...Point of clarification: it was £100,00 not £10,000 :D Oops. I have a really bad cold at the moment. It seems to be messing me up in unexpected ways. 1
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