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Biscit Finally Comments On Paterson Departure - Poster MarkJ (Friday, February 23 2007)
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That's incorrect, the bank account wasn't closed by Biscit, and it was closed by HSBC.
shame none of them were for £750 or more...otherwise the recipient could have quite legally commenced winding up procedures against Biscit!
Mind you, if the banks are after biscit for an overdraft, then I can't imagine it will take them long to begin winding them up anyway.
There could well be legal issues here...knowingly passing dud cheques is kinda frowned upon by the law...shame none of them were for £750 or more...otherwise the recipient could have quite legally commenced winding up procedures against Biscit!
Are we not missing something here, as far as I recall, V21 wasn't whiter than white in it's dealings with customers.