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Is there a time limit for the receiving party to deposit a check?
Wiki User
∙ 10y ago
6 months
Wiki User
∙ 10y ago
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Will chase deposit a 21000 third party check?
No they will not. Most likely, a third party check is fraud
Is a written check clearly intended for the party receiving the check but missing the receiving party's name still valid?
UCC 3-309(a)(2)-- check is treated as "payable to bearer."
What is a two party check?
A two party check is a check which is made out to more than one party. To cash or deposit a two party check, the check must be endorsed by both partied that the check is written out to.
Will chase bank accept a 21000 third party check for deposit?
no
Will Wells Fargo deposit a third party check?
No they will not. Just tried
Will td bank let you deposit a third party check?
No they will not if it is over $300.00
Can you deposit a third party check?
No, you have to cash the check first then u have deposite it properly!
Will chase deposit a third party check?
Yes, they do. It takes longer to clear if there's no money in the bank.
Substantive procedures to audit prepaid deposits?
See the reason for deposit. Then how Deposit was created and check relevant agreement/support that the deposit is long-term or short term... Be Alert for Related Party Transaction.
If a payee wants to transfer a check to another party the payee would use a blank endorsement?
No. A blank endorsement is you signing the check to deposit or cash to yourself. To transfer a check to another party, that is considered full endorsement. Endorsement is instructions to the bank what to do with the check. Example of full dendorement: pay to the order of Jane Doe. Jane Doe may now take the check that check and cash or deposit. I hope this helps you out.
Can you deposit cash into someone else's account at a different bank?
Yes. Actually there is no rule stopping a third party from depositing money into a check account but, for doing that, the third party must know the account number into which they wish to deposit the cash. So, you must know the bank account number of the someone whose account you wish to deposit cash if you want to do that.
Can you deposit a hail damage check in to your checking account that is made out to you in to mortgage company?
Not legally no. Since it's a two party check, both recipients are required to sign off before cashing the check
