Simply send us your cheque along with the Cheque Deposit
Slip - click here to download.
Please read the following information before sending us your
cheque:
- It is essential that you always include your last 8 digits of
your Freedom Prepaid MasterCard® number on the reverse of your
cheque.
- The Cheque Deposit Slip must be completed and signed to ensure
your cheque is processed correctly.
- Cheques must be payable to Transact Network Limited.
- Cheques take at least 10 working days to clear.
- Cash cheques or endorsed cheques cannot be accepted.
- Cheques under £10 incur a cheque processing fee (see Fees Table
below).
- The maximum cheque amount we can accept is £3,000. You may be
contacted to provide more information for cheques over £1,500.
Fees Table
|
Cheques £0 - £1,000 |
£10 (per cheque) |
|
Cheques £1,000.01 - £2,000 |
£20 (per cheque) |
|
Cheques £2,000.01 - £3,000 |
£30 (per cheque) |
|
Representing failed cheques |
As per original submission fee |
Cheque Cashing FAQs
What if my cheque fails to clear, will you send it back
to me?
The cheque can be sent back to you for a charge of £10. The cheque
will be sent by recorded delivery to the address registered to your
Freedom Card, it is therefore essential that you provide us with
your correct contact details.
What happens if funds haven't appeared on my Freedom
card within 10 working days?
This may mean that the cheque hasn't cleared or hasn't been
received by us.
How much will I be charged if the cheque fails to
clear?
If your cheque fails to clear, you will still be charged the
relevant fee. Please see the table above.
What if my cheque is lost in the post?
We suggest you post your cheque using a recorded delivery service.
We do not take any responsibility for cheques that are lost in the
post.