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Landlord insisting on cash payments - options

  • 09-12-2016 07:35PM
    #1
    Closed Accounts Posts: 8,057 ✭✭✭


    We rented a house recently, through an agent. When I've done this before the agent has always been where rent was paid to and assumed it was the same in this case. A few weeks into the tenancy though the agent got in touch to say that the landlord would prefer cash and the previous tenants had no problems with him dropping in once a month to pick it up. I said 'haha - no' because it's quite a lot of money (€1600/month) and I don't want to carry that around with me, don't regularly want to have that amount of cash in the house & I don't want to have to meet with this guy once a month (work full time, travel, baby due in a couple of months, just don't like the inconvenience [and have done this before, for a far smaller sum, and it is a total pain in the ass even if on the surface 'once a month' sounds like nothing]). But he's insistent. Do we actually have any options here - I can bluster on about how it's unsafe and a very odd thing to ask for there's nothing that I can see that's actually illegal about him insisting on a cash payment, intrinsically dodgy and all as it is. I don't think he has to give me a bank account or accept a bank draft. He did threaten our tenancy over it, nice chap and all that he is, but probably within his rights to do that so early on in the tenancy also.


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Comments

  • Closed Accounts Posts: 4,121 ✭✭✭amcalester


    What does it say in your lease?


  • Closed Accounts Posts: 13,420 ✭✭✭✭athtrasna


    The calling round once a month is on dodgy legal ground as it would disturb your quiet enjoyment of the property.

    So many alarm bells. As well as all the reasons you listed banks don't count cash withdrawals as rent when assessing your ability to pay a mortgage so this will work against you in so many ways.

    Think it's time to reason with your landlord. I would be inclined to call the RTB first to see if your tenancy is registered as mentioning that it is/isn't may help your case.


  • Registered Users, Registered Users 2 Posts: 1,371 ✭✭✭TheAnalyst_


    Just refuse. There is nothing he can do.


  • Registered Users, Registered Users 2 Posts: 19,166 ✭✭✭✭Del2005


    Just refuse. There is nothing he can do.

    Apart from eviction. There's no law requiring payment to be electronic or cheque/draft and there are plenty of reasons why people don't deal with banks, especially since rent is paid in advance there isn't even a debt to be paid.


  • Registered Users, Registered Users 2 Posts: 1,371 ✭✭✭TheAnalyst_


    He can't evict. He would have to prove deliberate non payment and no tribunual or court would accept it.


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  • Registered Users, Registered Users 2 Posts: 2,257 ✭✭✭BettePorter


    What's your issue? Personally for me it would be him
    Calling once a month. Pain in the ass, been there done that back in day and for almost two weeks of the month depending on his reliability you could hang about anticipating the knock! And in that time u could dip into the pot and suddenly your hiding behind the sofa cause you thought **** it he wont be here before pay day.

    It wouldn't bother me as much if you could arrange to call to him rather than him to you! Is that possible?


  • Registered Users, Registered Users 2 Posts: 5,697 ✭✭✭Danger781


    athtrasna wrote: »
    As well as all the reasons you listed banks don't count cash withdrawals as rent when assessing your ability to pay a mortgage so this will work against you in so many ways. .

    How true is this? I currently pay my rent in cash every month also, but if this is going to affect my mortgage application then screw that, he can take bank transfer or I'm giving my notice.. :eek: I have a rent book..


  • Registered Users, Registered Users 2 Posts: 1,447 ✭✭✭davindub


    He can't evict. He would have to prove deliberate non payment and no tribunual or court would accept it.

    The LL can evict within the 1st 6 months of the tenancy, you have normal contract rights in the lease during this period, but damages are likely to be limited to rent paid and benefits denied.


  • Registered Users, Registered Users 2 Posts: 2,257 ✭✭✭BettePorter


    Danger781 wrote:
    How true is this?

    Very true. As far as is bank concerned, without a paper trail , you could be putting it on a horse!


  • Registered Users, Registered Users 2 Posts: 2,676 ✭✭✭exaisle


    Why the landlord wants the rent in cash is none of your business. As long as he fills in and signs a rent book you have proof of payment. Him calling to collect rent does not impact on your quiet enjoyment of the property, it's just a pita!


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  • Posts: 24,713 ✭✭✭✭ [Deleted User]


    Cash is king the LL is perfectly entitled to request payment in cash.

    Never got this excuse of not wanting to carry cash around either, I normally withdraw a few hundred euro at a time when I go to the ATM and have no problem carrying much more if needs be.


  • Registered Users, Registered Users 2 Posts: 26,453 ✭✭✭✭Mrs OBumble


    Cash is king the LL is perfectly entitled to request payment in cash.

    Never got this excuse of not wanting to carry cash around either, I normally withdraw a few hundred euro at a time when I go to the ATM and have no problem carrying much more if needs be.

    I thought this was a republic and we didn't do the kowtowing to kings thing here?

    There's a vast difference between a few hundred (400 is the max an ATM will give me in one go) and and month's rent. (I think the OP mentioned 1600 = 4 x daily withdrawls at the limit).

    Anyone who wants that amount of cash is doing something dodgy, at best.


  • Registered Users, Registered Users 2 Posts: 19,833 ✭✭✭✭road_high


    Sounds like major hassle op. I wouldn't be interested in renting a property like that, having to go to the bank and physically withdraw €1600 monthly, not to mention the security risks. Nah, at that range (it's very expensive) you hopefully will have more conventional options.
    Now if he were to offer a few hundred off the return for your flexibility then I'd be all ears.
    What does the lease say?


  • Closed Accounts Posts: 992 ✭✭✭Barely Hedged


    <deleted quote snipped>

    As a tax compliant member of society (I assume), it would be the tenants business to ensure it is all above board I.e. registered with the PRTB is one step


  • Closed Accounts Posts: 992 ✭✭✭Barely Hedged


    Cash is king the LL is perfectly entitled to request payment in cash.

    Never got this excuse of not wanting to carry cash around either, I normally withdraw a few hundred euro at a time when I go to the ATM and have no problem carrying much more if needs be.

    I can transfer 1.6k instantaneously to another ROI account with AIB. The recipient can then pick up this money in any branch countrywide. Is the banks cash any less valuable? The only difference between what the landlord wants and what I have described is business hours but even some Ulster Bank branches open on weekends


  • Registered Users, Registered Users 2 Posts: 271 ✭✭Earleybird



    As a tax compliant member of society (I assume), it would be the tenants business to ensure it is all above board I.e. registered with the PRTB is one step

    I completely agree, while it may not be the case it would seem very odd that anyone would want cash rather than transfer, almost certainly looking to hide his money from someone. I would stick to your guns and pay into account, it's not only hassle to have amounts in cash, it's not appropriate for a landlord to have an excuse to drop in once a month and if you're looking to show proof of rent paid in future you may have trouble doing so.

    The landlord might threaten eviction but you can take appropriate action at this stage if it comes to it. I would start by checking registration with PRTB.


  • Registered Users, Registered Users 2 Posts: 31,246 ✭✭✭✭Lumen


    The biggest risk is being robbed on rent day. I wouldn't put myself in physical danger for a dodgy landlord

    The fact that he's threatening eviction pushes it way beyond inconvenient. I would be inclined to report him to revenue at the very least.


  • Closed Accounts Posts: 2,203 ✭✭✭Parchment


    I wouldnt be happy with this - its a large sum of cash to have on hand. Also you would have to ensure you (or your partner/whoever) can take out their half in one go from an ATM, otherwise it means going to an ATM over the course of two days or worse still...having to go into the bank and queue to get it. All banks seem to have just one employee at a desk these days!

    Also as others mentioned - if you apply for a mortgage the first thing they look for on your statements is rent going out each month, we pay via bank transfer to our landlord and his name comes up as the recipient.

    But above all i wouldnt find him calling each month appropriate.


  • Moderators, Sports Moderators Posts: 25,918 Mod ✭✭✭✭CramCycle


    Nothing wrong with it but I would not be comfy walking round with 1600 in cash. Would a cheque to cash work? Or a cheque to him that he can cash in your branch.


  • Registered Users, Registered Users 2 Posts: 5,177 ✭✭✭enricoh


    Tell him u' ll drop cash into him once a month n you want 80 quid off for the hassle - everyone's a winner.
    Or even better meet him at the local pub n get a pint or two in!


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  • Closed Accounts Posts: 12,449 ✭✭✭✭pwurple


    Landlords do this for a few reasons... to regularly check the property is one. I've pickd up the rent in person on a monthly basis when I had a tenant that the neighbours were complaining about. I took a cheque, but yeah, it was to check up on them basically and make sure they were behaving themselves.

    The other is tax evasion. Cash does not show up on accounts for tax return purposes.

    As you are a new tenant, and I assume with no complaints against you so far, and the 'insistance'... I'm going to assume it's the tax.

    Us tax compliant landlords pay ~50% of that rent straight to the exchequer. It's a lot of money to be losing, so obviously very tempting for people to try to evade when there is a way to do so with cash.

    If he's pushing it, with no reasonable explanation, I'd call revenue in a flash. This kind of thing winds me up. Rents are bloody massive, and these feckers double their income at the taxpayers (and your) expense.

    Your other option is to say... yeah sure, but 800, not 1600. Seeing as that should be his tax-free income from it.


  • Closed Accounts Posts: 12,449 ✭✭✭✭pwurple


    enricoh wrote: »
    Tell him u' ll drop cash into him once a month n you want 80 quid off for the hassle - everyone's a winner.
    Or even better meet him at the local pub n get a pint or two in!

    I assume that's a typo... should be 800, that's what he is potentially evading.

    Honestly... would you be happy if your local shopkeeper was pocketing the VAT or duty you were paying instead of declaring it?


  • Banned (with Prison Access) Posts: 16,620 ✭✭✭✭dr.fuzzenstein


    There are only 2 possible reasons why the landlord would want cash only.
    1: he's dodging tax
    2: he's dodging mortgage payments and could possibly be in negative equity and he is stuffing as much into a mattress as he possibly can before the sherrif calls round.

    There is also a remote option 3, he is fully legit, he just wants you to take half a day off once a month, toddle over to your bank, walk around with 1600 cash that could be stolen, him to drive over to yours, pick up the cash, drive home ahain so he can take half a day off to go to his bank and lodge it, but this is a very rote possibility, because you would have to have half your brain removed to want to do this.

    LL is dodgy. Anyone argues different, you're wrong. No, shut up, you are.
    OP, if you stay there it is possible you come home and find the locks changed because the bank or the state seized the asset due to irregularities and the LL will have scarpered, never to be seen again.
    So if the LL asks you again for cash:

    f7a5e5acfc5e88de76b775a8866a1fb2fcf1b64ba05c28da6be3d45e9a8cf1c3.jpg


  • Registered Users, Registered Users 2 Posts: 10,331 ✭✭✭✭John_Rambo


    Cash is king the LL is perfectly entitled to request payment in cash.

    Never got this excuse of not wanting to carry cash around either, I normally withdraw a few hundred euro at a time when I go to the ATM and have no problem carrying much more if needs be.

    With respect Nox, you've never got this excuse because you're not a landlord, you've never been a landlord, in fact you've never bought a property. I know you post a lot on this forum with advice but you have zero experience so your posts, including this one can be taken with a pinch of salt.

    Demanding cash bangs of amateur hour. Holding that amount on your person is unreasonable and unrealistic.


  • Registered Users, Registered Users 2 Posts: 1,371 ✭✭✭TheAnalyst_


    davindub wrote: »
    He can't evict. He would have to prove deliberate non payment and no tribunual or court would accept it.

    The LL can evict within the 1st 6 months of the tenancy, you have normal contract rights in the lease during this period, but damages are likely to be limited to rent paid and benefits denied.
    Not if he signed a lease with the agent which is 95% likely.


  • Closed Accounts Posts: 423 ✭✭Clampdown


    This LL calling to the house to pick up cash thing is a joke. Another typical <mod snip> cowboy landlord characteristic. I had a ll in college would call in every week and just let himself into the house. If I wanted to have someone 'checking up' on me as a poster said they do to their tenants, I'd live with my parents.

    I would just point blank refuse and start looking for another place to move after Christmas. This guy is going to give you more problems I guarantee it. Do you have receipts for your deposit? Because IME these cash collector LLs are the worst for illegal deposit retention.

    The estate agent should be advising the LL to do everything above board and with proper record keeping, but they won't because they're cowboys too and they only care about the landlord getting the rent so they get their cut.

    My position would be, we can pay by bank or I'll post a cheque. No cash. No knocking on my door collecting money like a loan shark in a mob film. You don't like it, try and evict me while I file a case with the PRTB and I'll sit here and not pay a dime until the case is settled or you agree to accept payment through bank transfer or cheque.

    Not enough for him to get 1600 a month for a place, it has to be tax free, ffs.


  • Posts: 24,713 ✭✭✭✭ [Deleted User]


    I thought this was a republic and we didn't do the kowtowing to kings thing here?

    There's a vast difference between a few hundred (400 is the max an ATM will give me in one go) and and month's rent. (I think the OP mentioned 1600 = 4 x daily withdrawls at the limit).

    Anyone who wants that amount of cash is doing something dodgy, at best.

    Regularly over 1k in cash. I don't have a 400 euro limit (think it's 600 or 800) and I have more than one account. I pay my rent in cash and would often take out walking around money for the month on the same day. I've carried up to 10k in cash around too on plenty of occasions buying cars etc. Even brought a sum like that with me on a flight to buy a car in the UK.

    I actually think the wanting to call around once a month to keep an eye on the place is very wise. Look at all the horror stories you read about here. Could you blame him. 3/4 places I've lived has been rent in cash so I don't see it as an odd thing at all.


  • Closed Accounts Posts: 2,379 ✭✭✭newacc2015


    One possibility is that they want to be sure that you pay on time every month. I know from speaking to landlords, if you collect your rents in cash a tenant is less likely to be late with it. You can't BS the landlord and say you wired it this morning, when you dont plan on paying your rent for another few days. Its much harder to lie to someone in person about being late with your rent than over the phone.

    I know some LLs who have started a tenancy accepting bank transfers but ended up collecting the rent in cash as they were so sick of the constant hounding of their tenant to pay their rent on time and having to listen to BS excuses of they just wired it, they didnt get a chance to go to the bank to lodge cash to wire it etc.

    I dont know why everyone is jumping to the conclusion that the landlord is dodgy and evading taxes. If you look at the list of tax evaders that Revenue regularly publishes, you will see dozens of Doctors, Dentists, Solicitors etc. But you will rarely find a landlord. Landlords are probably the most accused of people of tax evasion in Ireland, yet they are disproportionately less likely to be on tax evaders list. People are very aggressive and irate when they hear of a landlord asking for rent in cash, yet has zero problem handing a ton of cash to their Dentist or Doctor who statistically more likely to the tax evader...


  • Registered Users, Registered Users 2 Posts: 1,371 ✭✭✭TheAnalyst_


    I . 3/4 places I've lived has been rent in cash so I don't see it as an odd thing at all.

    We're not talking about bedsits we're talking about 1600 per month for some place. The tenant dictates how it is paid because he has all the cards. He is in situ and the law will back him.


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  • Closed Accounts Posts: 13,420 ✭✭✭✭athtrasna


    newacc2015 wrote: »

    I dont know why everyone is jumping to the conclusion that the landlord is dodgy and evading taxes. If you look at the list of tax evaders that Revenue regularly publishes, you will see dozens of Doctors, Dentists, Solicitors etc. But you will rarely find a landlord. Landlords are probably the most accused of people of tax evasion in Ireland, yet they are disproportionately less likely to be on tax evaders list. People are very aggressive and irate when they hear of a landlord asking for rent in cash, yet has zero problem handing a ton of cash to their Dentist or Doctor who statistically more likely to the tax evader...

    Those professions you quote ARE the landlords!


  • Registered Users, Registered Users 2 Posts: 3,129 ✭✭✭PucaMama


    Regularly over 1k in cash. I don't have a 400 euro limit (think it's 600 or 800) and I have more than one account. I pay my rent in cash and would often take out walking around money for the month on the same day. I've carried up to 10k in cash around too on plenty of occasions buying cars etc. Even brought a sum like that with me on a flight to buy a car in the UK.

    I actually think the wanting to call around once a month to keep an eye on the place is very wise. Look at all the horror stories you read about here. Could you blame him. 3/4 places I've lived has been rent in cash so I don't see it as an odd thing at all.

    Do people still take out loads of "walking around" money? Card is way handier.


  • Posts: 24,713 ✭✭✭✭ [Deleted User]


    PucaMama wrote: »
    Do people still take out loads of "walking around" money? Card is way handier.

    I operate almost fully in cash in day to day spending, just prefer it.

    Look it's a bit of a pain having to get out 1600 euro every month but it's not totally unreasonable either and a LL has the right to request how rent is paid to him.
    We're not talking about bedsits we're talking about 1600 per month for some place. The tenant dictates how it is paid because he has all the cards. He is in situ and the law will back him.

    The law allows a LL to ask a tenant to leave without reason in the first 6 months. The tenant is far from having all the cards and I think it's bad advise to make someone think they do.


  • Closed Accounts Posts: 2,350 ✭✭✭doolox


    The reality is that in todays rental market he will get plenty of takers to rent to for cash and he will not be out by much when he gets rid of you and gets a new tenant in place.

    He should have stated cash at the very start of the lease negotiations.

    Reporting him to revenue may be a way to go but they are probably inundated with reports and may take a long time to do anything.

    If you like the house and area and are happy with everything else in the house I might go with the cash thing eventually but I would be looking for a new house to rent in the new year and get away from this setup.

    Guaranteed that he will have double digit number of new tenants looking to rent when or if you are gone an the Government tax man will still lose out.


  • Registered Users, Registered Users 2 Posts: 1,371 ✭✭✭TheAnalyst_


    The law allows a LL to ask a tenant to leave without reason in the first 6 months. The tenant is far from having all the cards and I think it's bad advise to make someone think they do.

    Not if he has a fixed term lease which me most certainly does.


  • Moderators, Society & Culture Moderators Posts: 32,286 Mod ✭✭✭✭The_Conductor


    I can transfer 1.6k instantaneously to another ROI account with AIB. The recipient can then pick up this money in any branch countrywide. Is the banks cash any less valuable? The only difference between what the landlord wants and what I have described is business hours but even some Ulster Bank branches open on weekends

    I wouldn't accept a large amount by EFT from an AIB account- you have no idea how much trouble AIB go to make life difficult for holders of bank accounts in other institutions. The last time I got an EFT from AIB (of 8k for a car)- it took over 2 weeks before it showed up in my Bank of Ireland account. Even an AIB cheque took a week to clear.

    With all due respect- and I am not condoning the landlord's insistence on cash- I would be extremely reticent to countenance taking payment from anyone who banks with AIB.

    I was told if I opened an account with AIB- they could clear cheques immediately- or if a lodgement was made to the account- it would be available immediately- however, why should someone be forced to open an account with an institution they do not normally deal with?

    Vis-a-vis the landlord and cash- the OP is at the start of their tenancy. The landlord can end the tenancy in the first 6 months- without giving any reason.

    I don't agree that its a good idea to go around with that amount of cash- its downright dangerous. However, as the OP has determined, there is nothing to say the landlord cannot demand payment in cash. It is damn inconvenient- and if I were in that position- I would, as the tenant, insist on meeting the landlord at my local banking institution- and handing over the cash within the branch- I would not leave the building with that much cash.

    At the end of the day- if the tenant is not happy- they too, can end the tenancy and move elsewhere.

    Its not fair expecting someone to carry around that much cash (to be honest- its not fair expecting someone to carry around cash of any sum- period)- however, the only manner I would countenance this- if I really wanted the property- is by handing over the cash- in the security of the local bank- I wouldn't exit the door with it.


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  • Registered Users, Registered Users 2 Posts: 2,818 ✭✭✭RINO87


    I'm going a bit off topic here but wondering what peoples views would be. I moved into my place about a year ago, sharing with two others. The LL wants all the rent in one go, which is perfectly acceptable in my opinion. So I give my portion in cash, to my housemate who has been in the property for years, he then lodges the cash to the LL's account. We don't get a receipt, housemate who handles the cash doesn't have a bank account for his own reasons, none of my business. I trust entirely that the money does indeed go to the LL on time, as sometimes I've had to do it, and the LL often thanks us for paying the correct amount on time.

    Seeing as I simply hand the cash to my housemate, I have no real paper trail. I do make sure to withdraw the same amount each month on the same date, from the same ATM in the hope that it might go someway to proving to the bank that it;s rent money that i'm withdrawing. Is there any way I could go about getting proof that this money is indeed for rent?? We get receipts from the lodgement, but this is for the entire sum of the rent, and wouldnt have my name on it.


  • Registered Users, Registered Users 2 Posts: 8,898 ✭✭✭Ray Palmer


    It is the landlord's choice and it is that simple.

    People can speculate all they like why but it is not illegal and you don't know why they made the choice. You are entitled to a rent book as a receipt and that is that.

    Don't like it move out.


  • Moderators, Society & Culture Moderators Posts: 32,286 Mod ✭✭✭✭The_Conductor


    Ray Palmer wrote: »
    It is the landlord's choice and it is that simple.

    People can speculate all they like why but it is not illegal and you don't know why they made the choice. You are entitled to a rent book as a receipt and that is that.

    Don't like it move out.

    With all due respect- its not fair or normal to expect the OP to wander around with sixteen hundred euro in cash. Its downright dangerous. If it worked at all- I'd organise a hand-over in the OP's financial institution- so she wasn't forced to wander around with that much cash. It is not normal or fair for the landlord to pop around once a month for the rent- in this day and age.

    If the OP is not in a position to organise a compromise with the landlord- then they really need to start looking elsewhere- and sooner rather than later (keeping in mind, they've said they have a baby on the way etc).


  • Registered Users, Registered Users 2 Posts: 16,382 ✭✭✭✭greendom


    I wouldn't accept a large amount by EFT from an AIB account- you have no idea how much trouble AIB go to make life difficult for holders of bank accounts in other institutions. The last time I got an EFT from AIB (of 8k for a car)- it took over 2 weeks before it showed up in my Bank of Ireland account. Even an AIB cheque took a week to clear.

    With all due respect- and I am not condoning the landlord's insistence on cash- I would be extremely reticent to countenance taking payment from anyone who banks with AIB.

    I was told if I opened an account with AIB- they could clear cheques immediately- or if a lodgement was made to the account- it would be available immediately- however, why should someone be forced to open an account with an institution they do not normally deal with?

    Vis-a-vis the landlord and cash- the OP is at the start of their tenancy. The landlord can end the tenancy in the first 6 months- without giving any reason.

    I don't agree that its a good idea to go around with that amount of cash- its downright dangerous. However, as the OP has determined, there is nothing to say the landlord cannot demand payment in cash. It is damn inconvenient- and if I were in that position- I would, as the tenant, insist on meeting the landlord at my local banking institution- and handing over the cash within the branch- I would not leave the building with that much cash.

    At the end of the day- if the tenant is not happy- they too, can end the tenancy and move elsewhere.

    Its not fair expecting someone to carry around that much cash (to be honest- its not fair expecting someone to carry around cash of any sum- period)- however, the only manner I would countenance this- if I really wanted the property- is by handing over the cash- in the security of the local bank- I wouldn't exit the door with it.

    you must be very unfortunate. With work I regularly make and receive payments through EFTs involving AIB. If both accounts are with AIB the transaction is completed on the same day. If another bank is involved the transfer is completed the next day.


  • Moderators, Society & Culture Moderators Posts: 32,286 Mod ✭✭✭✭The_Conductor


    greendom wrote: »
    you must be very unfortunate. With work I regularly make and receive payments through EFTs involving AIB. If both accounts are with AIB the transaction is completed on the same day. If another bank is involved the transfer is completed the next day.

    I honestly think you're the one who is being lucky here- esp in the case of cheques. I've had nothing but nightmares dealing with customers who bank with AIB.


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  • Moderators, Society & Culture Moderators Posts: 41,706 Mod ✭✭✭✭Gumbo


    PucaMama wrote: »
    Do people still take out loads of "walking around" money? Card is way handier.

    It's not handier when shops have minimum spends limits for cards and if your out for a few drinks. For example, the Morrison hotel don't offer cash back, so,you'd be paying for each pint with the card as you go.

    Then some banks charge per transaction.


  • Registered Users, Registered Users 2 Posts: 16,382 ✭✭✭✭greendom


    I honestly think you're the one who is being lucky here- esp in the case of cheques. I've had nothing but nightmares dealing with customers who bank with AIB.

    no I didn't mention cheques.


  • Registered Users, Registered Users 2 Posts: 3,129 ✭✭✭PucaMama


    kceire wrote: »
    It's not handier when shops have minimum spends limits for cards and if your out for a few drinks. For example, the Morrison hotel don't offer cash back, so,you'd be paying for each pint with the card as you go.

    Then some banks charge per transaction.

    Not many shops have minimum spend limits now, and most that do are a limit of 5 euro


  • Moderators, Society & Culture Moderators Posts: 32,286 Mod ✭✭✭✭The_Conductor


    greendom wrote: »
    no I didn't mention cheques.

    I did in my previous post.
    I was told by AIB if I wanted access to the cheque- it had to be lodged into an AIB account or else it entered clearing which could, if dealing with another institution take up to 2 weeks. For SEPA transactions from another Irish financial institution- depending on when the batch jobs are run- the norm is 3 days- unless their is an issue and it gets suspense accounted (according to AIB) in which case they will net the payments on a monthly basis (and in my case- which involved selling a car, it meant I didn't get paid until 2 weeks after I had handed over the car- when I thought it was an instantaneous transaction.

    I was informed by BOI- that its faster to get a SEPA payment from any Eurozone financial institution into our account with them- than it is from an AIB customer. The only delays from the greater eurozone related to bank holidays that didn't line up with ours.


  • Moderators, Society & Culture Moderators Posts: 32,286 Mod ✭✭✭✭The_Conductor


    PucaMama wrote: »
    Not many shops have minimum spend limits now, and most that do are a limit of 5 euro

    A lot of them may not have limits- but unless you have free fees with your bank- you probably only have a limited number of transactions per month, before you pay per transaction (I know I get 20 per month on my current account BOI). You could try to get around it by using a credit card, rather than a debit card- however, most places do have minimum spends on credit cards (typically 10 or 12 Euro).


  • Registered Users, Registered Users 2 Posts: 16,382 ✭✭✭✭greendom


    I did in my previous post.
    I was told by AIB if I wanted access to the cheque- it had to be lodged into an AIB account or else it entered clearing which could, if dealing with another institution take up to 2 weeks. For SEPA transactions from another Irish financial institution- depending on when the batch jobs are run- the norm is 3 days- unless their is an issue and it gets suspense accounted (according to AIB) in which case they will net the payments on a monthly basis (and in my case- which involved selling a car, it meant I didn't get paid until 2 weeks after I had handed over the car- when I thought it was an instantaneous transaction.

    I was informed by BOI- that its faster to get a SEPA payment from any Eurozone financial institution into our account with them- than it is from an AIB customer. The only delays from the greater eurozone related to bank holidays that didn't line up with ours.


    Cheques are a bit of an anachronism tbh. At work we still use them in exceptional circumstances and I can't remember the last time I wrote one in a personal capacity.


  • Registered Users, Registered Users 2 Posts: 20,914 ✭✭✭✭El_Duderino 09


    Regularly over 1k in cash. I don't have a 400 euro limit (think it's 600 or 800) and I have more than one account. I pay my rent in cash and would often take out walking around money for the month on the same day. I've carried up to 10k in cash around too on plenty of occasions buying cars etc. Even brought a sum like that with me on a flight to buy a car in the UK.

    That's fine if you like to take on that risk with your money but this is a case of the landlord building in that risk after signing the lease.

    Obviously holding large amounts of cash is an unnecessary excentricity of yours and that's absolutely your right. In a world of safe electronic transfers, it's madness to most people and they shouldn't be coerced into carrying cash which is more dangerous (it carries some danger while credit transfer carries zero danger if set up correctly)
    I actually think the wanting to call around once a month to keep an eye on the place is very wise. Look at all the horror stories you read about here. Could you blame him. 3/4 places I've lived has been rent in cash so I don't see it as an odd thing at all.

    It's not an inspection though. The tenant could meet the ll at the gate/door of the apartment block and give them the money. The landlord has no right to enter the house so its not much use as a surreptitious inspection.

    Why the cloak and dagger approach? If the ll wants monthly inspections, why would the ll not just ask for monthly inspevtions? Maybe because monthly inspections would be bordering on interfering with peaceful use of the property.

    I wouldn't necessarily agree to monthly inspections. I'd maybe agree to an inspection after the first month so the ll can see how we live and how that will affect the house, then move to normal
    Quarterly/twice yearly inspections.


  • Registered Users, Registered Users 2 Posts: 6,705 ✭✭✭Claw Hammer


    davindub wrote: »
    The LL can evict within the 1st 6 months of the tenancy, you have normal contract rights in the lease during this period, but damages are likely to be limited to rent paid and benefits denied.
    A landlord can't terminate a fixed term agreement unless there is a breach of covenant by the tenant.


  • Registered Users, Registered Users 2 Posts: 4,153 ✭✭✭relax carry on


    As has been said multiple times already, your landlord is operating a business and demanding cash only payments usually point to either under declaring of income, possible issues with financial institutions or cashflow issues. The days of cash is king should be long gone. For security and traceability above all else, I wouldn't deal in cash on a regular basis.


  • Registered Users, Registered Users 2 Posts: 8,898 ✭✭✭Ray Palmer


    With all due respect- its not fair or normal to expect the OP to wander around with sixteen hundred euro in cash. Its downright dangerous. If it worked at all- I'd organise a hand-over in the OP's financial institution- so she wasn't forced to wander around with that much cash. It is not normal or fair for the landlord to pop around once a month for the rent- in this day and age.

    If the OP is not in a position to organise a compromise with the landlord- then they really need to start looking elsewhere- and sooner rather than later (keeping in mind, they've said they have a baby on the way etc).
    None of that matters. The landlord decides.

    The danger is mostly in people's heads and I do understand it. As a tenant you don't get to decide how you wish to pay. The landlord doesn't have to accept them. The idea of something being 'fair' is just odd to me. Life isn't fair and there are tons of rental rules that aren't fair or considered, it's just the law.


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