0
A crossed cheque can ONLY be paid into the bank account of the person the cheque is made out to.
If yo are not that person and try to do so then you are trying to commit a fraud.
Wiki User
∙ 10y ago
Add your answer:
Earn +20 pts
What happens if a payee can never get an account holder to pay a returned check?
all you can do is give the cheque to the bank on which it is drawn, then ask the clerk to put it up for collection, so that in case the money is ever in the account the bank will credit you.
How is an on line bill payment tracked when the payee claims it isn't received and the bank has debited the account anyway?
I sent a transfer of 50pounds with my details so i could put into a persons account but they not receive it
Can you deposit a tax check in your friends account?
It Depends: 1. Yes you can - If you are a joint holder of his bank account 2. No you cannot - If he is the only holder of his bank account This is because, a check can be deposited only into the account that is fully or jointly held by the person to whom the check is issued. So trying to put your fathers managers check into your account is a crime.
Can a bank put a hold on a certified check?
Yes, if it is extremely large, if the bank believes it won't be honored, or if the depositor's account history is unacceptable.
Is it the responsibility of the bank teller to inform the customer if a check will be put on hold?
Is it up to the teller to tell account holder they are placing a hold on there check
What happens if a payee can never get an account holder to pay a returned check?
all you can do is give the cheque to the bank on which it is drawn, then ask the clerk to put it up for collection, so that in case the money is ever in the account the bank will credit you.
How do you check my account balance in Habib Bank Limited Pakistan?
yes i put my account no then i will check my banlace
Why do banks put holds on checks?
Banks put holds on checks to allow time to collect the funds from the drawer bank. When a check is not held, the bank is taking the risk of giving the funds to the payee before they have actually collected money on the check from the maker.
How is an on line bill payment tracked when the payee claims it isn't received and the bank has debited the account anyway?
I sent a transfer of 50pounds with my details so i could put into a persons account but they not receive it
Who do you put in the pay to the order of when writing a check to your bank account?
When writing a check to deposit into your own bank account, you would typically put your own name or account holder's name in the "pay to the order of" line. This signifies that the money is being paid to you or deposited into your account.
Can you put a check in your bank account in a cash machine outside a bank?
Yes, I do it all the time. Just make sure you sign the check and put it in the right direction and it will automatically process your check and the money should be available as soon as you choose which account you would like your money to go into. However, it depends on your bank as well.
Can you deposit a tax check in your friends account?
It Depends: 1. Yes you can - If you are a joint holder of his bank account 2. No you cannot - If he is the only holder of his bank account This is because, a check can be deposited only into the account that is fully or jointly held by the person to whom the check is issued. So trying to put your fathers managers check into your account is a crime.
Can you put your father's manager's check into your account?
It Depends: 1. Yes you can - If he is a joint holder of your bank account 2. No you cannot - If you are the only holder of your account This is because, a check can be deposited only into the account that is fully or jointly held by the person to whom the check is issued. So trying to put your fathers managers check into your account is a crime.
Can a check be cashed if your account is 50 dollars short for what the check is written for?
If someone tries to cash a check you wrote for an amount higher than your current balance, the check will bounce. In this case, you will be charged a fee and the payee might get charged a fee as well. Try to put cash into your account before the person cashes the check.
Can a hold be put on a check after it is deposited in another account?
Yes - If your bank has not yet paid the cash No - If your bank has already paid the cash
Can you deposit a check into a savings account?
No. A check can be deposited only into the account of the individual to whom the check is made out (issued) to. Depositing it into someone else's account is not allowed and even if done by mistake, the check will not be cashed and no payments will be made.
How does a personal bank account work?
you have to have money then you must put it into a bank then you have a bank account.
