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Can you cash a cashiers check that you made payable to someone else?
RECEIVABLE
When a cashiers check is obtained from the bank does it need to be signed?
Yes, a cashiers check is signed by an authorized representative of the bank. Then the person the check is made payable to will have to endorse the back of it, just as is done on any other type of check.
Can someone cash a check if its not made out to them?
Generally no unless the original payee has signed the check over to another person.
Can a cashier's check be made payable to cash?
No, cashier's check is a guarantee funds by the issuer bank and must have a guarantee payee. Never payable to cash.
What does account payee mean?
payee is the person whom the cheque, draft or money order is made out to.
Can i return a cashiers check i made out to the payee back to my bank for a refund?
Yes, bring the check back to your bank.
What is a payee?
The payee is the one that receives a payment. On a check or money order, the payee is the person the check is made out to. This is the person who can cash the check, or deposit it into his account. On a promissory note he is the one who receives the money from the loan.
Who is the person to whom a check is made payable is called?
The payee
Can you cash a cashiers check that you made payable to someone else?
RECEIVABLE
When a cashiers check is obtained from the bank does it need to be signed?
Yes, a cashiers check is signed by an authorized representative of the bank. Then the person the check is made payable to will have to endorse the back of it, just as is done on any other type of check.
Can someone cash a check if its not made out to them?
Generally no unless the original payee has signed the check over to another person.
Can you deposit an unsigned check made out to your husband and you into your bank account?
No bank should honor an UNsigned check. Without a signature, the check amount and "payee" (to whom it is written) could be forged. Instead of risking getting into legal trouble, call or return to the check writer and ask for the person to sign the check.
What is the Safest check to receive?
Cashiers check because it is made out to a specific person. Next might be money orders and then checks on the bank where you are cashing it.
Who has the liability of endorsement on a deposited check?
The payee, who is the person the check is written to. If they don't sign the back of the check before they deposit it, then the bank the check is drawn on (where the person who wrote the check banks at) can return the check for up to 7 years after it is deposited into the payees account. If that happens, then the bank where the payee banks at (where the check was deposited) will usually debit your account for the amount of the check. Also, if a check is made out to more than one person and includes the word "and" between the persons names, then both must sign or it must be deposited into an account owned by all payees listed on the check and stamped by the bank. If the word "or" is between the names, then only one payee need sign it. If it is made payable to a business or trust, then it must go into a business or trust account. It cannot go into the personal account of the business owner or of a trustee.
Can a cashier's check be made payable to cash?
No, cashier's check is a guarantee funds by the issuer bank and must have a guarantee payee. Never payable to cash.
A person to whom A cheque is made out ARE called?
payee
Can you cash a cashiers check if the remitters name has been omitted?
I want to have a cashiers check made out without the remitters name on it. Can I?
