I don't think so, but I could b rong
if the check was made out to a company that is now being investigated, can it be stopped if it has not cleared the bank or if it has cleared the bank is there a 30,60 or 90 day rule?
A cleared check is one for which the money due by means of the check has already been paid to the payee. So a stop or freeze cannot be placed on it because, the funds have already been paid out and the bank cannot reclaim the funds paid out for a check.
yes many times a bank will indicate that a check is cleared and later the check will come back from the other bank stating that it was not a good check or NSFs. Unfortunaetly there are some banks that will show a check as cleared even before it has as a customer courtesy
check bounce is when you do not have sufficient balance in your account and check not cleared is when the process is delayed on either end due to some problems
A check authorizes a transfer of funds, usually from one bank account to a different bank account (although checks can also be cashed, in which case the funds transfer from one bank account to cash). Once this transfer has taken place, the check is said to have cleared. If the check has not yet cleared, then it is said to be outstanding.
A cleared check is one for which the money due by means of the check has already been paid to the payee. So a stop cannot be placed on it because, the funds have already been paid out and the bank cannot reclaim the funds paid out for a check.
if the check was made out to a company that is now being investigated, can it be stopped if it has not cleared the bank or if it has cleared the bank is there a 30,60 or 90 day rule?
A cleared check is one for which the money due by means of the check has already been paid to the payee. So a stop or freeze cannot be placed on it because, the funds have already been paid out and the bank cannot reclaim the funds paid out for a check.
yes many times a bank will indicate that a check is cleared and later the check will come back from the other bank stating that it was not a good check or NSFs. Unfortunaetly there are some banks that will show a check as cleared even before it has as a customer courtesy
An outstanding check.
You can check by phoning your bank.
check bounce is when you do not have sufficient balance in your account and check not cleared is when the process is delayed on either end due to some problems
promise to pay
48hours
The total amount of outstanding checks is 64.22 is arises as a result of adding the amount of checks 1111, 1112 and 1113 which have not cleared.
Many cars will keep a history of any codes that have been tripped since the last time the codes were cleared. Once codes are cleared by a scanner they are erased permenantly.
A copy of the cleared check should be sufficient for the IRS.