for questions related to a Check [spelled as Cheque in Asia and UK] as a bank instrument to withdraw money.

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-3
votes
2answers
48 views

forgery or identity theft [on hold]

If someone writes a check to you and you know the name doesn't match the person writing you the check but you cash it anyway because you sold them merchandise. What crime has been committed
19
votes
3answers
4k views

Why is “cheque cashing” a legitimate business?

There are many places around here, often co-located with pawn shops or payday-loan places, where they offer to "cash cheques" immediately, with some very high fee. How does this get any business? ...
2
votes
2answers
135 views

What are the benefits of writing a cheque over online banking?

I have received a number of payments through cheque from other people, although I am uncertain about the exact benefits accrued from using a cheque to transfer money from one bank account to another. ...
5
votes
1answer
20k 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 ...
10
votes
1answer
158 views

What happens to the original funds when a certified bank check is not cashed?

When a bank issues a certified check that was funded from my account, where will the funds end up if the recipient never cashes the check before it expires?
12
votes
2answers
4k 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 ...
5
votes
1answer
968 views

Getting a USD cheque, without too many fees, and with a sensible exchange rate?

In order to exercise a stock option, I find myself needing a USD cheque. Annoyingly, it has to be a cheque and it has to be in USD, neither a GBP cheque nor a USD wire transfer are acceptable. (I've ...
7
votes
1answer
497 views
25
votes
7answers
20k views

Can't the account information on my checks be easily used for fraud?

My Bank of America checks contain my routing & account number, which I've used in the past to make purchases online, among other things. Anyone whom I pay with a check has this information. It ...
5
votes
2answers
114 views

What information is required in the top left (payor) part of a check?

I occasionally do consulting for people, using a business name rather than my personal name. I don't do enough work to justify setting up a separate business bank account, so all the checks I write ...
3
votes
4answers
140 views

Is a digital image of a check e-mailed to someone a negotiable instrument?

Is it legal to send a personal check (from a picture of the hand written original) as an image through an email attachment? Then do they just submit the actual size printed image to their bank? Then ...
3
votes
1answer
174 views

Can I cash a Government check without a bank account?

Can I cash a government check at a bank without having a bank account anywhere? It is a substantial amount of backpayment from SSDI.
4
votes
1answer
380 views

Never-cashed cheques

A scenario: You pay someone with a cheque for something, receiving a receipt for it. They do not cash in the cheque. What is the ettiquette for this situation? Are you to go on living your life, ...
9
votes
5answers
17k 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
4answers
2k 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 ...
2
votes
2answers
449 views

2 names on US tax refund, filed as 'single'

I recieved my US federal tax return earlier this month. When I first looked at the check, I noticed it had a % symbol, followed by my mother's name on the line below the one with my name. it looks ...
3
votes
2answers
113 views

incorrect printed information on check stock

I have some checks that were printed in error with duplicate check numbers. All of the other information is correct. Would it be OK to correct the check numbers with a sticker or correction tape?
9
votes
2answers
10k 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?
0
votes
0answers
46 views

Stale dated check as payment

I received a check marked as "stale dated" for payment of funds I should have received 22 months ago. The check does have a current June 2015 date, however, the company explicitly marked the check as ...
2
votes
2answers
182 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 ...
1
vote
1answer
75 views

Estate accounts requiring 3 signature for withdrawal, is same required for deposits

We have an estate checking account in WV. It takes 3 of us to write a check. Does it also take 3 signatures to deposit a check?
3
votes
4answers
991 views

Do I need to insure a large check when sending via mail?

My girlfriend has a bank account that is on hold because of a stolen debit card number. She recently signed a contract for 90k but has the first check in my name for 60k. She is stuck in London for a ...
7
votes
1answer
14k views

Do personal cheques expire? [Canada]

In Canada, cheques issued by the Government of Canada do not expire. do personal cheques ever expire? If so, what is the limit before they need to be re-issued?
9
votes
3answers
28k 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?
3
votes
4answers
265 views

Are there special endorsement requirements for US Government checks to two parties?

At a bank where I have a checking account in my name only, I regularly cash a dividend check made out to my wife AND me. My wife endorses the check at home and then I stroll down to the bank and add ...
2
votes
1answer
133 views

If a check was made out to my name instead of my business name, is there some way I can still deposit it into my business account?

I am working as an independent contractor, and my first check was made out to my personal name instead of my business/corporate name, can I sign the check over and consider it as income for the ...
3
votes
1answer
156 views

Depositing the same check after it's returned

So I wrote a check to myself to transfer some money from one of my account at Wells Fargo to Bank of America. The problem is, I used wrong account to withdraw the money (checking instead of saving), ...
8
votes
5answers
12k 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 ...
4
votes
1answer
2k views

How can I cash US treasury check in India?

I have a United States Treasury check. Please let me know how to encash it in India. I tried ICICI bank but they are unable to process it.
5
votes
3answers
3k 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 ...
2
votes
2answers
154 views

What is a reasonable International Bank Draft Fee for cashing a cheque in Sweden from a friend in Scotland?

I have received an Internation Bank Draft from a friend in Scotland, made out in Swedish Kroner. I went to my bank here in Sweden and they said it would cost around 60 Euro to cash the cheque which is ...
0
votes
1answer
111 views

is there any law prohibting use of home made check

are there any laws prohibiting the use of home made checks, or must I always use a bank created check. Is there a legal directive I can reference?.
0
votes
0answers
34 views

Why are checks preferred to wire transfers in the US? [duplicate]

When moving to the US from Switzerland, I have been surprised by the difference in banking systems. One point that interests me particularly is the use of checks vs wire transfers. In Switzerland, ...
4
votes
2answers
103 views

What payment options are there besides checks and direct deposit?

My employer is planning to require all employees to be paid by direct deposit. A number of our employees are unbanked, and opening an account is not practical. I understand the employer's concern to ...
1
vote
1answer
116 views

What do US banks look for while processing a check

I recently had two issues with banks & checks I deposited a check payable to my spouse & me in our joint account at the bank ATM. It was accepted, then rejected - missing endorsement. Turns ...
1
vote
1answer
52 views

check deposit question

Someone sent me a signed check and they spelled out my name and put the date on it, but forgot to put in the dollar amount in both fields. It is a weekly recurring check amount. I put in the $500.00 ...
-4
votes
2answers
123 views

Where can I cash a check in the USA Online instead of in person? [closed]

I would like to know WHERE could I cash any type of cheque in USA entirely online (contact done online without physical visit)? Tried to do some research but most far i came was having to sign some ...
4
votes
3answers
466 views

Checks made out to multiple parties with 'and'. How can I deposit it with one signature?

I am receiving payments from a lawsuit in my favor, with three other plaintiffs. The payments we are receiving are personal checks, made out to all off the plaintiffs with 'and' joining the names. ...
0
votes
0answers
83 views

Letting someone else pay in a check (made out to me) to their account?

I have a check made out to me (call me John Doe). I'm permanently away from my home country, where I have bank accounts; I'm now in Canada. I'd like to let a friend (call her Jane Doe) pay the check ...
0
votes
1answer
61 views

Check expiry date

I have received a banker's check which HSBC New York sent after closing my account. There is no mention of expiry date. Can somebody inform me how many months are USA checks valid?
0
votes
0answers
18 views

Check expiry date [duplicate]

I have received a banker's check which HSBC New York sent after closing my account. There is no mention of expiry date. Can somebody inform me how many months are USA checks valid?
0
votes
1answer
93 views

Can personal banking customers use the BMO Harris Bank remote cheque deposit system?

I live in Canada. I notice that BMO Harris Bank offers remote cheque deposit software, powered by DepositEdge, for its commercial banking customers. But I only have a personal banking account with ...
1
vote
3answers
123 views

Received Check as Business Before Having Funds to Start the LLC

I've received a payment and will continue to be receiving payments contingent on me getting paid as an LLC. The problem with that is, is that starting an LLC is expensive and I don't have the funding ...
0
votes
1answer
6k views

How do banks handle post-dated checks deposited via the ATM?

As noted in another question, banks have different policies regarding post-dated checks before the post-date, although it seems most will accept the check as long as the check issuer hasn't contacted ...
7
votes
1answer
8k 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 ...
11
votes
4answers
699 views

Someone has my check: any risks?

Some time ago I found a room to rent in another city (via Craigslist). I talked with the lady renting out the room on the phone and after we made a deal I sent her a half of the month rent ($375). Not ...
11
votes
4answers
54k views
3
votes
1answer
1k views

Can a Foreigner cash a US issued Check in the US?

I have received an American check from a large US bank as payment for stocks that I sold in the US. I am not american, and I will be in the US shortly. I need to know if and how I could cash this ...
2
votes
3answers
267 views

What reason would a person have to use checks in stores?

I recently saw a rare (for me) sight... someone in a store paying with a check. Is there any rational reason to do this? Anyone with a checking account can get a debit card for it, and there is no ...
1
vote
3answers
165 views

How do I dispose of my old checks?

I have several stacks of unused checks from a few old checking accounts of mine. How long should I keep the checks after I close each account? How should I dispose of them? Should I destroy them ...