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Whos money is the money on a check after it is cashed?
The money belongs to the person to whom the Cash was paid to. For ex: let us say I issue a check for USD 500 to you and you deposit it with your bank. Once the bank credits the money into your account, you own the 500 dollars. Similarly, the person who got the check cashed is the owner of the money after it is cashed.
Where can you check to see if a money order from money gram has been cashed?
checking to see if money order R202715632823 has been cashed
Does the account holder have to be present when writing a personal check to a person and cashing it?
The account holder does not need to be present when the check is cashed.
What is teller cashed check?
It means whoever you wrote the check to cashed it inside a bank. The person cashing the check had the amount in his/her account to cover it and didn't deposit it waiting for it to clear.
An account owner must do this in order to approve a check to be deposited into their account?
If you have a bank account and are trying to deposit a check, you will have to sign the back of that check. If the back is not signed, it cannot be deposited or cashed.
Whos money is the money on a check after it is cashed?
The money belongs to the person to whom the Cash was paid to. For ex: let us say I issue a check for USD 500 to you and you deposit it with your bank. Once the bank credits the money into your account, you own the 500 dollars. Similarly, the person who got the check cashed is the owner of the money after it is cashed.
What does refer to drawer mean?
It usually means that when you cashed a check it was not honored because the person did not have enough money in their account to cover the check. You should get with the person that wrote you the check to get your money by some other means.
Can you change a check in to money?
Yes, a check is a bank draft drawn on an account. Provided the account has funds and is payable to you, it can be cashed at your bank or any check cashing place or if you go to the bank it was drawn on with ID, they will cash it for you.
Where can you check to see if a money order from money gram has been cashed?
checking to see if money order R202715632823 has been cashed
Does the account holder have to be present when writing a personal check to a person and cashing it?
The account holder does not need to be present when the check is cashed.
What is teller cashed check?
It means whoever you wrote the check to cashed it inside a bank. The person cashing the check had the amount in his/her account to cover it and didn't deposit it waiting for it to clear.
Who will cash an amscot money order?
A money order issued by Amscot can be cashed at any Amscot Financial location. They can also be deposited into a personal bank account to be cashed.
An account owner must do this in order to approve a check to be deposited into their account?
If you have a bank account and are trying to deposit a check, you will have to sign the back of that check. If the back is not signed, it cannot be deposited or cashed.
Where can an IRS refund check be cashed without a fee?
Deposit it in your bank account, there will be no fee. If you don't have a bank account, you can open one with the IRS check!
Where can a check from the state be cashed in the amount of twenty thousand dollars with a bank account?
I won the lotto
Can you deposit someone's else's government check into your account?
No. first of all, a check can be deposited into the bank account of the person to whom the check has been written to. Second of all, even if the bank teller accepts the check by mistake, it will not be cashed. The check will be returned and no money will be paid. Moreover, if the owner of the check complains that his/her check was lost or stolen, you will be caught and jailed for it. Depositing someone else's check into your account is a crime.
If a person has a check dated on 1-4-2012 for 1000 dollars can we say that he has 1000 in his pocket now?
Technically the money is not in their pocket. The check must be deposited or cashed by the person it is written out to, or otherwise endorsed. If the payee does not cash or deposit the check, they cannot give it out like bills of currency. When the check is deposited, the money is taken out of the check writer's account and deposited to the person it is written out to. If you cash it instead, the institution gives you their money and takes money out of the check writer's account.
