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How do you endorse a certified check that is not cashed by the payee?
Wiki User
∙ 14y ago
Dear , As we know that the certified check and manager check usually issued for disgnated name writen on the face of the check , and this type of check CANAT be endorse to other parti bcz the mentioned name is the beneficiery .
Imad
MBA degree
Wiki User
∙ 14y ago
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If a payee want to transfer a check to another party the payee would use?
payee can endorse the check in favour of another party and sign on the check
How to endorse a check if the name of the payee is misspelled?
Endorse it in the mispelld name then use the corrct endorsement
When would you ues a certified check?
When the persone receiving the check, the payee, wants to ensure that there are sufficient funds and that the check wont bounce. A certified check is as good as cash and a more secure method of payment for the payee.
How is it that I am paying on a loan when the check the bank handed me hasn't been cashed by the payee?
Whatever the payee does with the check is immaterial. You borrowed money from the bank and are legally obligated to pay the loan back.
How to endorse the back of a check if you write it to yourself and from yourself?
To endorse a check made out to yourself, sign your name on the back where it says "Endorse Here." This signature should match the name written on the front of the check. If you are depositing the check, you may also need to write "For deposit only" and include your account number below your signature.
If a payroll check cashed at a check cashing facility is NSF can the check cashing facility hold the payee liable?
Yes, the payee received the funds from the bad check and is responsible for returning those funds to the check cashing facility. The payee can then seek restitution from the maker for the funds from the check plus any fees, etc. they paid.
What does it mean when 2 names appear on the check?
If you mean a payee, it depends on how the names are conjoined: "and" requires both payees to endorse the check; "or" permits one or the other to endorse the check. In both situations, both payees are entitled to the cash value of the check.
What if you stop payment on a check due to the payee saying he lost the check but he cashed the check at a check cashing business after you stopped payment on the check what happens?
The check cashing business will be unable to recover the funds from your bank.
What is special endorsement?
When the original payee of a check wants to sign it over to a person not on the document, they need to endorse the check with â??Pay to the order of the personâ??s nameâ??.
What check does not require a payee?
All checks require a payee. Payee is the person who is going to use the check and get the money. You cannot issue a check that does not have a payee.
Can a trustee cash an insurance check that is made out to the trustee or trust?
Yes. That is the purpose of having a trust. The trustee has the authority to manage the trust property. That includes cashing a check that has the trust as the payee. If the trustee could not cash that check then it could not be cashed at all.You need to review the document that created the trust to determine the extent of the trustees powers.Yes. That is the purpose of having a trust. The trustee has the authority to manage the trust property. That includes cashing a check that has the trust as the payee. If the trustee could not cash that check then it could not be cashed at all.You need to review the document that created the trust to determine the extent of the trustees powers.Yes. That is the purpose of having a trust. The trustee has the authority to manage the trust property. That includes cashing a check that has the trust as the payee. If the trustee could not cash that check then it could not be cashed at all.You need to review the document that created the trust to determine the extent of the trustees powers.Yes. That is the purpose of having a trust. The trustee has the authority to manage the trust property. That includes cashing a check that has the trust as the payee. If the trustee could not cash that check then it could not be cashed at all.You need to review the document that created the trust to determine the extent of the trustees powers.
Is the payee the owner of a bad check?
a payee is wait whats a payee
