No. A check can be cashed only by the person to whom the check is issued. Trying to do so will be termed as forgery and the person trying to do it can arrested.
However, someone else can deposit that check into your bank account. That shouldn't be a problem.
A cheque that was not paid by the bank
No. The Cheque wont work.
A cheque may bounce (bank refusing to pay for it) due to a variety of reasons. Some of them are: a. The signature of the cheque issuer does not match bank records b. There is not enough money in the issuer's bank account to pay for the cheque c. There is overwriting in the cheque and is not duly counter-signed d. The amount in numbers and amount in words does not match e. The cheque is very old and expired (more than 90 days old)
Cheque Discounting is providing a post dated cheque to a bank by its customer which amounts to the short term loan taken from the bank and the interest charged by the bank.
Dishonored Cheque means - a cheque that was submitted/deposited for payment was rejected and no money was paid. A cheque may be dishonored due to a variety of reasons. Some of them are: a. The signature of the cheque issuer does not match bank records b. There is not enough money in the issuers bank account to pay for the cheque c. There is overwriting in the cheque and is not duly counter-signed d. The amount in numbers and amount in words does not match e. The cheque is very old and expired (more than 90 days old)
A crossed cheque must be banked. If the or bearer is not also crossed/deleted; then, strictly speaking, the cheque can be banked into the holder (bearer) of the cheque [and the bank teller will write the bank account number into which the cheque is being deposited].Some countries will only let the cheque be deposited into the bank account of the person/business named on the cheque (even if the or bearer is not crossed/deleted).
A cheque that was not paid by the bank
No. The Cheque wont work.
Owner of Cheque and/or Bank
A cheque may bounce (bank refusing to pay for it) due to a variety of reasons. Some of them are: a. The signature of the cheque issuer does not match bank records b. There is not enough money in the issuer's bank account to pay for the cheque c. There is overwriting in the cheque and is not duly counter-signed d. The amount in numbers and amount in words does not match e. The cheque is very old and expired (more than 90 days old)
If you know the cheque you are writing is bad than you are committing a crime, Fraud. In some countries writing a bad cheque is a criminal offence. The bank will charge you for the cheque and you will get penalties. Also the person you wrote the cheque too will not get paid when the cheque bounces and they will come after you for their money + interest.
Cheque Discounting is providing a post dated cheque to a bank by its customer which amounts to the short term loan taken from the bank and the interest charged by the bank.
Submit it to the Teller in a bank where you have a bank account. If it is a bearer cheque and you have an account in the same bank as that of the cheque, you will be paid cash immediately. If it is an account payee cheque, money will get credited to your account in the next 2-3 days
Dishonored Cheque means - a cheque that was submitted/deposited for payment was rejected and no money was paid. A cheque may be dishonored due to a variety of reasons. Some of them are: a. The signature of the cheque issuer does not match bank records b. There is not enough money in the issuers bank account to pay for the cheque c. There is overwriting in the cheque and is not duly counter-signed d. The amount in numbers and amount in words does not match e. The cheque is very old and expired (more than 90 days old)
A Bank might refuse to cash a cheque (dishonor it) due to a variety of reasons. Some of them are: a. The signature of the cheque issuer does not match bank records b. There is not enough money in the issuers bank account to pay for the cheque c. There is overwriting in the cheque and is not duly counter-signed d. The amount in numbers and amount in words does not match e. The cheque is very old and expired (more than 90 days old)
To prevent a cheque from being passed by the bank, you will have to write a letter to the bank telling them not to pass that perticular cheque, and give the cheque number.
Currently in India (As of 2013), all cheques are valid for a period of 3 months only. This rule is irrespective of the bank whose cheque is being used. So, a UCO bank cheque, an ICICI Bank cheque and an HDFC Bank cheque, all of them are valid only for 3 months from the date of issue.