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Can a check be cashed if your account is 50 dollars short for what the check is written for?
Wiki User
∙ 11y ago
If someone tries to cash a check you wrote for an amount higher than your current balance, the check will bounce. In this case, you will be charged a fee and the payee might get charged a fee as well. Try to put cash into your account before the person cashes the check.
Wiki User
∙ 11y ago
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Where can a check from the state be cashed in the amount of twenty thousand dollars with a bank account?
I won the lotto
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 if you cashed the checkes that were supposed to go into a blocked bank account?
It Depends,, was the check written to you? If so then you have the right to negotiate it. If it's not your check then that might be a matter for law Enforcement. Obviously you can not cash a check with a blocked deposit account.
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.
If a cheque is given in payment but is not cashed have you paid your debt.?
Not necessarily ... the check may not have been cashed as it may have gotten lost. You need to check with the party to whom you sent it ... ask for written certification that they indeed received it and marked your account "paid in full".
Define first party check?
The definition of a first party check is a check written directly to another person. They are then cashed or deposited by that person.
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.
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!
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.
Seven dollars is what percentage of one hundred dollars A 100 check that is cashed at a rate of 7 at what rate did you cash itIn percentage?
7%
