How pedantic are banks?


U

Uncle Peter

Relatives are amongst the most likely people to be financially abusing
someone in that position. Some of the worst cases are where the
relatives are completely out of the picture.

Only the person themselves can get an LPA and they have to have
appropriate mental capacity at the time to do so**. People with
dementia can be very resistant to releasing control, both at the LPA
creation stage and the bringing into effect stage. Relatives can be
afraid of going through the process of telling someone that they should
no longer be allowed to make financial transactions.

Also, there is no legal requirement for banks to stop acting on cheques
because an LPA has been brought into full operation++. They do so
because they treat that as an indication that their client no longer has
the mental capacity to make transactions safely.

** The mental capacity required depend on the task in hand. The
capacity of someone with dementia can be higher at some times than
others. It may be possible to make a valid LPA at a time when it would
not be safe to make large financial transactions.

++ My specific experience is with EPAs, where there they could only be
used once capacity was lost.
You must know some horrid relatives. I can't think of anyone who would financially abuse someone in that position.
 
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D

David Woolley

You must know some horrid relatives. I can't think of anyone who would
financially abuse someone in that position.
Just read about them.
 
D

David Woolley

Thankfully in Scotland wheelclamping is considered theft of the car.
Wheelclamping is now illegal in England as well, except for people like
DVLA, and possibly court bailiffs. On the other hand, parking companies
can now get details of the owner and can pursue the owner, not just the
driver.
 
U

Uncle Peter

Wheelclamping is now illegal in England as well, except for people like
DVLA, and possibly court bailiffs. On the other hand, parking companies
can now get details of the owner and can pursue the owner, not just the
driver.
Does that mean you can't stay in a motorway services carpark over 2 hours anymore?
 
Y

Yellow

Why on earth should the bank be looking out for it? It's absolutely nothing to do with them and they should keep their noses out. Relatives should notice the signs and get an LPA.
Not every (old) person has a husband/wife or children or siblings and
are pretty much close relative free.
 
N

Nightjar

On second thoughts, I'd never get the pen and handwriting to look the same.
I will pass on a tip given to me many years ago: It is much easier to
copy a signature if you turn it upside down. That way, you are copying
the shapes without unconsciously imposing your own writing style on them.
 
P

PJK

I will pass on a tip given to me many years ago: It is much easier to
copy a signature if you turn it upside down. That way, you are copying
the shapes without unconsciously imposing your own writing style on them.
Although in fact the banks do not check signatures on low value cheques.
Years ago when I had a retail business my staff on occasions accepted
unsigned cheques. I signed them (with no idea what the genuine
signature looked like). They always went through without a problem

Pete.
 
N

Nightjar

Although in fact the banks do not check signatures on low value cheques.
Years ago when I had a retail business my staff on occasions accepted
unsigned cheques. I signed them (with no idea what the genuine
signature looked like). They always went through without a problem
This was when I worked for an import/export company. Customers would
often make mistakes when completing Customs declaration forms, so it was
common practice to fill in another form correctly and, rather than delay
the presentation of documents by returning them for the customer's
signature, one of the senior clerks would copy the signature from the
original form. It probably didn't matter what the signature was (one
customer never completed a form and one of the senior clerks always
signed the form without knowing what the signature should look like).
However, it was a matter of principle to try to get it to look as close
to the original as possible.
 
U

Uncle Peter

I will pass on a tip given to me many years ago: It is much easier to
copy a signature if you turn it upside down. That way, you are copying
the shapes without unconsciously imposing your own writing style on them.
Cool, never thought of that!

P.S. why do people say "unconsciously" instead of "subconsciously"? It would be very difficult to write a signature, even your own, if you were unconscious.
 
N

Nightjar

On 15/11/2014 16:57, Uncle Peter wrote:
....
P.S. why do people say "unconsciously" instead of "subconsciously"? It
would be very difficult to write a signature, even your own, if you were
unconscious.
Unconsciously means without conscious thought, which does not equate to
being unconscious.
 
U

Uncle Peter

On 15/11/2014 16:57, Uncle Peter wrote:
...

Unconsciously means without conscious thought, which does not equate to
being unconscious.
Subconsciously is far more clear. "Your subconscious mind" is clear. "You unconscious mind" could mean you're passed out.
 
F

Flop

This was when I worked for an import/export company. Customers would
often make mistakes when completing Customs declaration forms, so it was
common practice to fill in another form correctly and, rather than delay
the presentation of documents by returning them for the customer's
signature, one of the senior clerks would copy the signature from the
original form. It probably didn't matter what the signature was (one
customer never completed a form and one of the senior clerks always
signed the form without knowing what the signature should look like).
However, it was a matter of principle to try to get it to look as close
to the original as possible.
When I was a student in the 1970's I was surprised to find that the Head
of Department hated signing anything.

His senior secretary had a rubber stamp of his signature !!
 
U

Uncle Peter

You can, but you have to pay.
I thought they could already pursue you, but it cost too much so they didn't bother?

Anyway, I can't think of many reasons (apart from having a nap that took longer than you thought) to stay there for more than 2 hours without using the motel (which would mean you were allowed to park there anyway).
 
U

Uncle Peter

Now you are being even more silly than you usually are.
Nope. Usually when someone is old, it's likely that all their relatives are younger than them. It's basic Maths.
 
M

Mrcheerful

I thought they could already pursue you, but it cost too much so they
didn't bother?

Anyway, I can't think of many reasons (apart from having a nap that took
longer than you thought) to stay there for more than 2 hours without
using the motel (which would mean you were allowed to park there anyway).
I have used the motorway services car park, overnight in a camper van,
it was much cheaper than using a caravan park overnight and much more
convenient to find.
 
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N

Nightjar

Subconsciously is far more clear. "Your subconscious mind" is clear.
"You unconscious mind" could mean you're passed out.
I suppose whether it is clear or not depends upon how well you know the
language.
 

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