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Yes, a check made payable to cash can be negotiated by whoever holds the item.
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∙ 12y ago
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Can you cash a check at Wells Fargo if you are not a member I received a check from a company made out to me that says payable through Wells Fargo Bank Does this mean I can cash it if not a member?
I received a cashiers check from a bank that was payable thru Wachovia. I took the check to a Wells Fargo and they stated that the check was deposit only. So I opened an account and the funds were available the next day, which was a Saturday.
Who is the person to whom a check is made payable is called?
The payee
Can you cash check made out to lienholder?
Call the bank and ask them if you can cash a check made out to lienholder. They will tell you if they will cash it or not, or under what conditions they will cash it. You may need to present them with documentation.
Can you cash a check made out to your mom?
No...............................i wish
If you owe money at a bank can they still seize funds if you deposit a check from someone who also holds an account there into your checking account at a different bank?
To clarify, I owe money at US Bank for a defaulted credit card with them. I have a TCF checking account. If I try to deposit a check made payable to me, and that check happens to be a US Bank check, can US Bank seize the check made payable to me even if I deposit it into my TCF checking account? Not sure if they will see that US Bank funds are made payable to me from someone else's account. Any insight would help! Thanks!
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.
Can you cash a cashiers check that you made payable to someone else?
RECEIVABLE
Is it legal to cash a one million dollar check for cash?
It is technically "legal" to cash any check that is properly negotiable and made payable to you. That said, you are going to be hard-pressed to find any bank that will allow you to take out that amount of cash, for various reasons, and especially if you do not have matching funds in your account there already. And why would you want the risk of traveling, even fifteen feet outside the door to your car, with that amount of cash anyway?
Can I cash a cashier's check made payable to another name?
No. It is illegal. Only the person on whose name the check is issued can cash it. If the person to whom the check is issued is dead and you are the legal heir of the beneficiary then you can cash it. In all other cases - NO.
How do you cash a 2 party check?
If a cheque is made payable to two people, then both must endorse it (i.e., sign the back).
Can you cash a check at Wells Fargo if you are not a member I received a check from a company made out to me that says payable through Wells Fargo Bank Does this mean I can cash it if not a member?
I received a cashiers check from a bank that was payable thru Wachovia. I took the check to a Wells Fargo and they stated that the check was deposit only. So I opened an account and the funds were available the next day, which was a Saturday.
Can you open an account with a check made payable to anothr person?
No. Firstly you cannot cash a check made out to another person and it is a crime. Secondly, if you want to open an account in your name, you can use only cash or a check that is payable in your name i.e., the name of the account holder. If you try to use the other persons check, the bank may politely refuse you or in worst case raise a complaint against you for forgery with the cops.
What is the journal entry to made a down payment of cash and issued note payable?
cash book
What are the different types of negotiable and non negotiable instruments?
types of negotiable instruments are drafts ,checks,notes,and certificates of deposit# Types of negotiable instruments are 1.drafts -An order by one person to another person or to bear, 2.check- A draft drawn on a bank and payable on demand to bearer, 3. certificates of deposit- A note made by a bank acknowledging a deposit of funds made payable to the holder of the note, and 4. Note- A promise by one party to pay money to another party or to bearer.
When giving a cash donation for a friends death who should the check be made payable to the widower or the step children?
The widower. Unless, of course, they killed your friend.
Is it legal to cash a check made payable to a business?
Yes, as long as you are cashing the check on behalf of the business (as a legal representative of the business) or if you are depositing the check into the account held by the business you can legally cash the check. No - of you are not a representative of the business or if you are trying to deposit it into an account that doesn't belong to the business.
What is Currency notes?
A currency note is a banknote -- a type of negotiable instrument known as a promissory note, made by a bank, payable to the bearer on demand.
