You can hold it but you need to cash it before the end of 6 months.
Usually checks have a validity period of 6 months and after that they become invalid. You may not be able to cash it after 6 months.
ABSOLUTLEY, they not only can hold the check, the bank can keep the money.
A check cashing store allows you to write a check and get cash. They will hold the check until some later date, then cash it. There is a fee added to the amount of the check for this service.
Yes - If your bank has not yet paid the cash No - If your bank has already paid the cash
The bank will hold you responsible for the bounced check. But you can sue the person who wrote you the check that bounced for the check amount and for the resulting penalties and your court costs.
there are basically three reasons why firms hold cash, namely speculation precaution transaction
ABSOLUTLEY, they not only can hold the check, the bank can keep the money.
A check cashing store allows you to write a check and get cash. They will hold the check until some later date, then cash it. There is a fee added to the amount of the check for this service.
Yes - If your bank has not yet paid the cash No - If your bank has already paid the cash
NO. But when you go to cash it there will definitely be a hold.
Yes, they can cash a deposit check before any contract is completed. The purpose of a deposit check is to hold a vehicle for a person while they are waiting on the financing to go through.
The bank will hold you responsible for the bounced check. But you can sue the person who wrote you the check that bounced for the check amount and for the resulting penalties and your court costs.
Per Michigan state statutes 408.474 and 408.475 your final paycheck must be issued on the next regularly scheduled payday.
the MAXIMUM length of time a life insurance company may LEGALLY hold your payment of cash value on a SURRENDERED policy is 6 MONTHS.
Hold On - Rosanne Cash song - was created in 1986.
there are basically three reasons why firms hold cash, namely speculation precaution transaction
in missouri can my employer hold my paycheck after the 15th they always say we have to wait to cash till the following mon after the 15th. is this a law?
A check can only bounce twice before a bank will no longer accept it. As such, when collection agencies cash a check from a debtor and it bounces, they don't want to take the risk of trying to cash it and just hoping funds are available only to see it bounce again. If they did, then they would end up having to collect the delinquent funds all over again. As such, they will often use this tactic of asking the bank to 'hold a check for collection', which means that the bank will keep the check on file for up to 30 days and check every day if there are funds available. As soon as funds become available they will immediately cash it.