how to cash a check made to a company that has been dissolved
Most business customers pay by cheque or electronically. In both cases, there is no need to issue a receipt. These are only given to acknowledge the cash payments, which are rarely made by business customers. This is why they are often called cash receipts.
You have to have a letter of authority and put it into an estate account.
It needs to be endorsed by both you and the bank. If you try to cash a cheque made out to someone else without his/her endorsement you can be imprisoned for forgery.
first off, are you kidding me? give a cheque or find someone else - no one except you pays by cash. 2nd, many banks will not accept cheques made out to "cash". some might but its unlikely in this day and age. the only alternative is to draw cash from your credit card to the limit every day until you have enough.
It's a check made out with a future date so you can't cash it yet.
I have been given a cheque made out for CASH am I able to cash it at any bank
Yes
Business done without physical cash, except through digital.
Most business customers pay by cheque or electronically. In both cases, there is no need to issue a receipt. These are only given to acknowledge the cash payments, which are rarely made by business customers. This is why they are often called cash receipts.
In a cash economy all (or most) payments are made in cash - not by cheque, giro or plastic.
No. The only person who can cash a cheque is the person to whom it was made out to. The bank will not pay cash to anyone else. However, if the person has given a legal power of attorney to another person, that person would also be able to cash the cheque because he is acting on behalf of the person to whom the cheque was given.
Yes we can make this by depositing the cheque in our account
You have to have a letter of authority and put it into an estate account.
It needs to be endorsed by both you and the bank. If you try to cash a cheque made out to someone else without his/her endorsement you can be imprisoned for forgery.
first off, are you kidding me? give a cheque or find someone else - no one except you pays by cash. 2nd, many banks will not accept cheques made out to "cash". some might but its unlikely in this day and age. the only alternative is to draw cash from your credit card to the limit every day until you have enough.
Cross cheque means that it can only be paid into a bank account and cannot be paid in cash over the counter. A bearer cheque is made payable to the bearer i.e. it is payable to the person who presents it to the bank for encashment
It's a check made out with a future date so you can't cash it yet.