Cheque signatures

SCENARIO.

Elderly aunt. Eyesight severely deteriorated. Unable to read. Cannot now sign her name as she cannot see well enough to do so.

She got a rubber stamp facsimile of her signature made up and she uses that to sign all her letters and official documents.

She has been using it to sign cheques that a trusted family member writes out for her. Her bank have cleared all such cheques.

The bank have now told her that they will not accept the rubber stamp as a valid signature on her cheques !

Q1. Are the bank within their rights ?

Q2. Can the bank accept her rubber stamp as a new signature for her ?

Q3. By agreement with the bank can a close relative of her nomination be
allowed to become a signatory of her cheques ?

Loads of businesses and companies sign cheques with a stamp.

Exam question?

bond-007 said:

Loads of businesses and companies sign cheques with a stamp.

Click to expand...

An indemnity would be held on file to cover such signing arrangements. It's then the companies responsibility to ensure the stamp/brand is held securely.
I've never seen this arrangement for an individual before.

She can sign a form giving authority for someone she trusts to sign on the account. This person then will NOT be a joint a/c holder with her but will have authority to sign on her behalf. This may be the easiest solution for her.

How would a person blind from birth sign their name? Does such a person have a signature at all?

Surely an 'X' would suffice, as not everyone can write.