3
votes
1answer
94 views

Can a check be indorsed anywhere, or just in the specified area?

So I wanted to know, but nobody has been able to answer me. Can an indorsement be made anywhere on a check, or does it always have to be made in the designated space on the back of the check?
0
votes
0answers
21 views

Escrow check with past void date? [duplicate]

I have an escrow check that is past 180 days. It will be around 6 days past 180 come Monday. The check was issued by bank of america and my bank is chase. Would they still let me deposit it or will ...
2
votes
2answers
228 views

How can I cash out a check internationally?

I have a prize check in my name at my old university based in the US. I have now shifted to another country and was wondering, what would be the best way to cash out the check? I know someone ...
-1
votes
1answer
171 views

What can I do with unused cheque book?

I will be switching all my accounts from Bank A to Bank B within the next few weeks. A few months ago, I purchased a cheque book for my Bank A checking account. It contains 50 cheques (all unused). ...
6
votes
1answer
161 views

What's the difference between a certified check, a cashier's check, a money order, and a bank draft?

The question comes from reading this answer. I've heard these terms used somewhat interchangeably, but I have no idea what the differences are. What's the difference between a certified check, a ...
3
votes
1answer
175 views

What's the difference between “direct credit” vs. “local wire transfer”?

Wikipedia states that the alternatives to cheques include "direct credit" and "wire transfer" among others. What is the difference between "direct credit" and "local wire transfer"? For example, ...
2
votes
1answer
14k views

What is an inclearing check?

My US bank showed a transaction without a check number and called it an "inclearing check". The month is not over, so i haven't seen how it's shown on a statement. But a bit of searching on the web ...
1
vote
3answers
819 views

What could a malicious party potentially achieve by having *just* a name, account number, and sort code?

There seem to be many conflicting points on this issue, most prominently this story published in the Daily Mail not so long ago , so I ask the nice community on stackexchange to shed (researched) ...
5
votes
3answers
12k views

How can I get free or discounted checks for my bank account?

I bank with chase and my account type does not qualify me for free check books. I have to pay a fee to get a check book. Is there a way I can: Get a free check book for my account? Print my own free ...
1
vote
1answer
891 views

leaving the amount on a check blank

Suppose a person writes a check out to someone that they owe $500, but does not specify the amount on the check and instead tells the person to fill out the amount for five hundred and cash it. If the ...
2
votes
2answers
1k views

Should I make a copy or scan of a check before depositing checks whenever possible?

Or can I simply take a picture of the check with my cellphone before depositing the check, just in case there is a disputed transaction?
14
votes
5answers
2k views

Cashing a fishy cheque addressed to someone else

I agreed to cash a cheque for someone I don't really know. In hindsight, this was very stupid, but now I need to figure out how best to get out of this situation. We both endorsed the cheque, it ...
9
votes
1answer
428 views

Buying checks from places besides your bank? How does it work?

I just opened a new account at Bank of America. The checks they sell aren't cheap and I heard that you can buy checks elsewhere. Does this mean that I can just buy a packet of blanket check and just ...
2
votes
3answers
1k views

Deposit a cheque in an alternative name into a personal bank account (Australia)

I'd like to be able to deposit cheques payable to a business name into my personal bank account. I do not have a company (Pty Ltd) and at this stage it's probably more trouble than it's worth to set ...
8
votes
5answers
3k views

Can a “For Deposit Only” endorsement on a check be changed (canceled) by initialing?

My wife endorsed a small check "For Deposit Only". Then, she crossed the endorsement out, and initialed it. The grocery store refused the check, saying once it's endorsed for deposit only, the bank ...
10
votes
3answers
4k views

“Free checks:” do I really need to pay to get “secure and trackable” shipping?

One of the benefits of my Bank of America premium checking account is free checks. However, they recommend "secure and trackable" shipping for the low-low price of only $8.40. Is that just a sneaky ...
4
votes
1answer
2k views

What laws govern check clearing in the US?

When I deposit a check in my bank, the bank credits the first $100 of the sum immediately and the rest of the sum is credited the next day, usually. I know that it's not a real clearing - i.e. if the ...
11
votes
2answers
275 views

Why do they ask whether it is a paycheck or not in a bank?

I am getting paid with checks so each time I deposit it to my bank account they ask whether it is a paycheck or not. What difference does it make?
8
votes
3answers
10k views

Are these checks usable?

I recently opened an account at a credit union here, which includes a checking account. They gave me a book of checks on the spot. Are they valid and usable? They simply came out of the drawer and ...
14
votes
5answers
26k views

Is there a limit on the dollar amount of a personal check?

Is there a limit on the dollar amount of a personal check?
9
votes
4answers
19k views

Is it possible to cash a check made to someone else's name? How to do so?

Is it possible to cash a check made to someone else's name? How to do so?
7
votes
3answers
13k views

Bank Draft vs. Certified Cheque - when is it appropriate to use one or the other?

Bank drafts and certified cheques are similar but have different costs associated with them. When is one more appropriate to use vs. the other?