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Is it illegal for a check cashing company to cash a customers check who happen to die the day they deposited the check without notifying the dead persons family or contacts first?
Wiki User
∙ 12y ago
They would have no way of knowing and they only charge a small fee for cashing it, they don't get much and they usually check id since they are out the cash if it's no good.
Wiki User
∙ 12y ago
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Do any national grocery/department store chains do check cashing for their customers?
Walmart have recently introduced check cashing for their customers,however it is not free a small charge is payable.
What does it mean to cash in a check?
Cashing a check means converting a instrument of money like a check to the money it is worth. Let us say you get a check for $1000 from a friend and you deposit it into your account with your bank, you will get the money deposited into your account. This is called Cashing a check.
What is the definition of a check cashing fee?
A check cashing fee is a fee that the bank will charge you when you deposit a check issued by a customer of another bank into your bank account. This fee is charged only if: a. The check that is deposited is an outstation check (Not from the same city/state where you have the bank account) b. The check that is deposited is an International check (From a different country and/or in foreign currency) In cases where the checks are issued by other banks in the same city/state or by a different branch of the same bank, banks do not charge any fee for cashing checks.
What is the purpose of the CheckMasters website?
There are many purposes of the CheckMasters website. The main purpose of the CheckMasters website is to provide customers with things such as loans and check cashing services.
Can you cancel a car loan if private seller won't sell car?
Only if you return the check issued to you intact before it was cashed or deposited it into a bank account. Deposit/cashing of check acknowledges loan money has been used.
Are check cashing business profitable?
Checking Cashing Business as a stand alone business is hardly profitable. The increase in competition has driven down rate to the point that you can hardly cover overhead, the banks, which you need to deposit your checks are squeezing the life out of check cashing businesses through various schemes including outright insane fees and the requirements for collateral deposits. The loss of the government check business is another deadly blow to the check cashing business. Beginning April, most government checks are now direct deposited in bank accounts or prepaid debit cards, just as many companies now require their employees to have direct deposit.
What are some popular check cashing locations?
Some of the more popular check cashing locations will vary by city, but Walmart, Check N Go, The Check Cashing Store, and Speedy Cash are some popular check cashing locations.
What is the procedure for cashing two payee check when one is out of state?
My bank told me to send check to person for endorsement and have the person send a copy of license to verify signature. When I deposited it was acceptable, the next day I got a call saying that it was rejected. Why did this happen?
Does cashing on dividends affect your principal?
Cashing in your dividends should not affect the principal amount you put into it.
How does one go about cashing checks if they do not have a bank account?
If one does not have a bank account, they can still cash checks. They can go to check-cashing stores. They have to pay a fee for cashing their checks.
What is the penalty for cashing someone else's unemployment check?
You can be asked to return the money to the person who was the original recipient of the check. If you fail to do so, you can be imprisoned/jailed for that. 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.
Is the correct grammar 'cashing' a check or 'cash in' a check?
The correct grammar is 'cashing' a cheque, or to 'cash' a cheque.
