Wife wrote 2 cheques on a closed account

[dlander]

Our TD line of credit (LOC) was closed months ago. Our TD chequing account remains open, is used regularly and has money in it.

Last week my wife wrote 2 cheques from the LOC account because there was an old cheque book in the drawer and she didn't notice that the account numbers were different. So I am now trying to get the 2 cheques back. But I may not be able to get one of them.

What would TD do if one of the cheques is cashed? Will they honour the cheque taking $ from the chequing account instead of from the LOC? Or will the cheque be returned? Service charges? Would it help if I notify TD? If I ask TD to honour the LOC cheques taking money from the chequing account, can they put a note on the account and do this? Would a "stop payment" on the bad cheques avoid having them dishonoured?



Thanks.

[angiek]

Call TD ASAP. Let then know what has happened and they will tell you what they can do for you.
If she handed out the cheques last week chances are they were deposited already.

[gman]

Talk to your branch. They may be able to direct the cheque of the cancel account to your existing account.