2
votes
1answer
69 views

Is issuer's bank allowed to charge fee when cashing check?

I have previously heard that if you take check to the issuer's bank; they are required by law to cash the check for the full amount. Recently I got a check from business but when I took it to their ...
2
votes
2answers
97 views

How Long Can It Take For a Check I Write to Clear on My Account?

If I write a check to someone (in this case, from an LLC), on a local bank, and it goes to someone who is within 10-25 miles of me, and they take that to their bank (also local and not my bank), is ...
2
votes
1answer
2k views

What happens when “bill pay” check does not get cashed

In the US, some banks generously offer a "bill pay" service, which is an online page that allows you to mail a (paper) check to a US address. Most banks don't change for this service, which "saves you ...
5
votes
2answers
403 views

For which alterations on a personal check in the US does one need to initial?

For which alterations on a personal check in the US does one need to initial? Crossing out one's old address on a personal check is possible. Crossing out an outdated address is not necessary in the ...
1
vote
1answer
65 views

How can one fill in the cent portion of the numeric amount on a personal check in the US?

On personal checks in the US, one fills in the numeric version of the dollar amount towards the left of the respective rectangular field. Say the check is for $36.25. I have seen different ways of ...
8
votes
1answer
222 views

Which colors can one use to fill out a check in the US?

With which colors can one fill out and sign and personal check in the US? Black is of course okay; I have heard that blue is also allowed. An ideal answer will give references. Is there anything ...
5
votes
1answer
202 views

Is a blank voided check the same as a fully filled out voided check?

For the last year now, I've collected checks for a company. Procedure is to collect and void the check. For some reason, I'm now asking for a blank voided check. Isn't a check that's voided just ...
4
votes
1answer
341 views

I live in Brazil, I have no US bank account and received a US Treasury check. How do I get my money?

I'm an US citizen living abroad who has no US bank account and that got a tax refund from the IRS. I have and frequently use a Paypal account, but Paypal accounts for people living outside the US ...
11
votes
5answers
4k views

A merchant requests that checks be made out to “Cash”. Should I be suspicious?

My barber accepts only cash or checks made out to "Cash". Is there a likely legitimate reason she might want the checks made out to "Cash"? Or am I helping her hide her revenue from the IRS?
6
votes
4answers
8k views

Any practical difference between “personal checks” and “business checks”?

I need to order checks for my LLC. I wrote maybe 5 paper checks last year (by hand, not printed). So it doesn't make sense for me to spend $30-40+ on "business checks" if I can spend $5-10 on ...
2
votes
2answers
2k views

How do I deposit a USD check into a US bank account by mail from abroad?

Forgive me for what is probably quite an obvious question for anyone who understands the US banking system, but I don't. I live in the UK, and I have a check in US dollars I need to do something ...
4
votes
1answer
642 views

MICR and self-printed check acceptance requirements at Federal Credit Unions?

I read that you can print your own checks, but many banks will not accept or place fines on checks which don't have the routing and account number not written in magnetic ink. My related questions ...
3
votes
3answers
411 views

Cashing a joint check

My girlfriend (over 18) is estranged from her parents, but recently discovered money in her name in the form of stocks. She sold the stocks, but the company that handled the transaction sent a check ...
2
votes
1answer
9k views

Given a MCIR routing number, how does one find the “fractional routing number”?

I'm trying to order checks for the first time, and the check provider is asking for me to provide a routing number and checking account number, both provided by my bank. However, they're also asking ...
3
votes
2answers
616 views

Is it ok to use a check without a pre-printed check number?

I opened a new account for my business and got a bunch of starter checks. They have the routing and account numbers preprinted with MICR font and magnetic (I presume...) ink, but they don't have a ...
4
votes
2answers
2k views

Cashing a foreign check in US

Is it possible to deposit a check issued by a foreign bank in a US bank? To be specific, I would like to know if I can deposit a check issued by a bank in India in INR in my bank in US. I was able to ...
6
votes
3answers
1k views

Can my significant other deposit a check made out to me?

We share a bank account; if the check is made out to me personally, can I have my other half run it to the ATM while I'm at work? Also, is it legal to do so?
7
votes
5answers
23k views

What happens if I deposit a check and forget to endorse it with my signature on the back?

What if I deposit a check into a Bank of America ATM but forget to endorse it with my signature on the back of the check?
4
votes
2answers
640 views

Adding a 180 day expiration to checks

I've had several checks that I've written in the past go un-deposited for over a year. Is it worth it to have "Void after 180 days" printed on my checks? I know that banks are not obligated to honor ...
1
vote
3answers
114 views

Restricting a check from being deposited via cell phone

Call me paranoid but I really don't like the idea of someone depositing a check I gave them via a snapshot on their cell phone. I would prefer the check to go to a bank and not be stuffed in some ...
2
votes
2answers
705 views

Camera phone check depositing risks

What risks are there in using a camera phone to deposit checks that are given to me? To clarify: my risks. To clarify: checks given to me.
5
votes
3answers
2k views

Outcome of cashiers check not being cashed before expiry date

What happens to a cashiers check which is not cashed before the expiry date? Let's say a cashiers check which I took out of my account and gave someone which says "void after 90 days" hasn't been ...
6
votes
3answers
3k views

How do I sign over a check made out to two people?

I just received my security deposit refund for last year's apartment, and it's made out to both me and my roommate. Unfortunately we are now living far away from each other. The check is made out to ...
8
votes
2answers
3k views

Does the IRS track every check deposited by me?

Is there a maximum amount limit on exceeding which the tracking starts? Or does each and every check deposited by me gets tracked by IRS for reconciliatory purposes?
8
votes
2answers
164 views

What do I do with the paper check when I make a deposit over the Internet

Just opened an account at a credit union that allows me to make deposits over the Internet with my scanner and a Java app. I assume I need to keep the actual check for at least until the money shows ...
10
votes
2answers
2k views

Is there something on a check (cheque) that determines what currency it is?

We're a US company. We got a check from a Canadian company and usually the check will say "USD" on it. Otherwise when we deposit it, the check will clear as CAD. This check has no indicators on ...
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 ...
29
votes
14answers
3k views

Do Americans really use checks that often?

That might sound a bit silly to people from USA but is it really that common to use checks in America? I am from Austria and here (Austria, Germany, Switzerland) checks play practically no role in ...
3
votes
3answers
181 views

What forms of payment am I compelled to accept?

In relation to this question about maximum amounts a check can be written for If I sell something like a car or other expensive item on Craig's List or in the local paper classifieds, am I compelled ...
9
votes
2answers
2k views

Do personal checks expire? [US]

Do personal checks expire in the US? Also, if I stamp the following on it: VOID if not claimed within 60 days. Will that be honored by most banks? Related Do personal cheques expire? ...