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Personal stirling cheque as Italian deposit?
Rather than usual credit card details Italain hotel is asking for
deposit in form of a £ stirling cheque. Seems odd? (credit card acceptable for balance) -- Mike Reid "Art is the lie that reveals the truth" P.Picasso UK walking "http://www.fellwalk.co.uk" -- you can email us@ this site Spain,cuisines and walking "http://www.fell-walker.co.uk" -- dontuse@ all, it's a spamtrap |
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Personal stirling cheque as Italian deposit?
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Personal stirling cheque as Italian deposit?
"The Reid" wrote in message ... Rather than usual credit card details Italain hotel is asking for deposit in form of a £ stirling cheque. Seems odd? (credit card acceptable for balance) I have come across this too in Italy, and US visitors are asked to send a cheque in dollars. Your sterling cheque is a kind of show of goodwill, that you will honour your booking. The hotelier won't bank the cheque, and when you arrive it will be handed back to you. You then settle the bill in the normal way. But if you fail to turn up, then he can then bank the cheque and keep the proceeds as cancellation fee. Because of bank charges he will get quite a bit less than the amount made out for, but sufficient to cover his loss of business (worked out in advance). I think it's a very prudent practice. You don't have to send a banker's draft or money order in euro, which will cost you in fees, and the hotelier has his bottom line covered in case of no-show. I have encountered similar practice in Spain for rental properties, where they accept security deposit against breakages in sterling cash as well as euro. Alec |
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Personal stirling cheque as Italian deposit?
Rather than usual credit card details Italain hotel is asking for
deposit in form of a £ stirling cheque. Seems odd? (credit card acceptable for balance) That's probably his holiday fund for next year, safely away from the prying eyes of the investigators from the Ministery of Finance. |
#5
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Personal stirling cheque as Italian deposit?
The Reid wrote in message . ..
Rather than usual credit card details Italain hotel is asking for deposit in form of a £ stirling cheque. Seems odd? (credit card acceptable for balance) I think the only person around here who has Stirling cheques would be Owain... I've certainly seen hotels in Europe that request cash deposits. Personally, I wouldn't bother with them- there are plenty that will take a CC deposit, and that's generally more secure. Still, accomodating of them to accept a UK cheque (assuming they don't mean UK sterling traveller's cheque). David (above address will not work) |
#6
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Personal stirling cheque as Italian deposit?
Following up to David Horne
I think the only person around here who has Stirling cheques would be Owain... I do that every time, maybe one day I will learn (perhaps remove the town from my spellcheck somehow?), but old dogs...... :-) -- Mike Reid "Art is the lie that reveals the truth" P.Picasso UK walking "http://www.fellwalk.co.uk" -- you can email us@ this site Spain,cuisines and walking "http://www.fell-walker.co.uk" -- dontuse@ all, it's a spamtrap |
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Personal stirling cheque as Italian deposit?
Following up to David Horne and others
Still, accomodating of them to accept a UK cheque (assuming they don't mean UK sterling traveller's cheque). they say either. Other points raised:- I dont think its a tax thing, the cheque will be payable to the hotel. As a security an unpresented personal cheque seems flawed in that I could cancel it tomorrow or it could just bounce. -- Mike Reid "Art is the lie that reveals the truth" P.Picasso UK walking "http://www.fellwalk.co.uk" -- you can email us@ this site Spain,cuisines and walking "http://www.fell-walker.co.uk" -- dontuse@ all, it's a spamtrap |
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Personal stirling cheque as Italian deposit?
The Reid wrote:
Following up to David Horne I think the only person around here who has Stirling cheques would be Owain... I do that every time, maybe one day I will learn (perhaps remove the town from my spellcheck somehow?), but old dogs...... :-) I was born in Stirling. In the town where I grew up, Tillicoultry, there's a furniture megashop called Sterling. The ads on the TV say something like "Sterling. In Tillicoultry, near Stirling." Say it quickly, and it will confuse anyone! David -- David Horne- www.davidhorne.co.uk davidhorne (at) davidhorne (dot) co (dot) uk |
#9
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Personal stirling cheque as Italian deposit?
Everything in Italy is a tax thing. They are probably depositing it
in an out of country bank. I pay two European companies for product in US$ with checks mailed to banks not in the country of the manufacturer. After the check clears, it is a much less flawed deposit than a credit card. Many credit card items can be disputed(I recognize that USA-Europe charges are hard to reverse) for months, and frequently reversed. My flat rental in London requires 3 month advance payment in pounds sterling, with limited refunds, and made out to a personal name. On Fri, 12 Sep 2003 11:05:36 +0100, The Reid wrote: Following up to David Horne and others Still, accomodating of them to accept a UK cheque (assuming they don't mean UK sterling traveller's cheque). they say either. Other points raised:- I dont think its a tax thing, the cheque will be payable to the hotel. As a security an unpresented personal cheque seems flawed in that I could cancel it tomorrow or it could just bounce. |
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Personal stirling cheque as Italian deposit?
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