Dear

TfL Ref: FOI-2588-1718

Thank you for your email received by us on 08 December 2017 asking for information about the cost to TfL for cashing cheques.

Your request has been considered in accordance with the requirements of the Freedom of Information Act and our information access policy.  I can confirm that we hold the information you require. You asked:

“Please could you inform me as to how much Tfl has to pay the banks for cashing cheques?”

HSBC charge TfL 5p per cheque.

If this is not the information you are looking for, or if you are unable to access it for any reason, please do not hesitate to contact me.

Please see the attached information sheet for details of your right to appeal as well as information on copyright and what to do if you would like to re-use any of the information we have disclosed.

Yours sincerely

Paulina Tuffour
FOI Case Officer

FOI Case Management Team
General Counsel
Transport for London