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You can file a legal case against them. Banks are responsible for verifying the legitimacy of all accepted checks.
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How is a check cleared?
Below are the steps involved in the check clearing process. 1. Person A issues a check from Bank X to Person B 2. Person B deposits the check into his account with Bank Y 3. Bank Y Accepts the check and sends it to Bank X for verification 4. Bank X verifies the accuracy and legitimacy of the check including the signature and releases payment to Bank Y if person A has enough balance in his account to honor the check payment 5. Bank Y accepts the payment and credits it into the account of Person B
how can i verify a cashiers check?
The bank whose name is on the cashier's check will be able to verify it. Get the bank's number from a phone directory (not the number on the check, in case it's counterfeit) or find its website online.
I would like to check if a money order is counterfeit.?
You can take the check to the bank that issued the money order. They will be able to verify if the money order is original or counterfeit. This is the only way of identifying this information. Or you can deposit the money order in your bank account and if it is counterfeit you will not get any money.
What is the proccess of check clearing?
Below is how banks process a check:Customer A deposits check into his bank account with Bank ABank A accepts the check and sends a request to the check issuing bank, Bank B with details of the check and amountBank B receives the check details and checks if the account linked to the check has enough funds to honor the check and also to see if the signature on the check matches the account holders signatureIf the sign matches and funds are available, Bank B Transfers the check amount into Bank A's account with Bank B and sends an intimation to Bank AOnce Bank A receives funds into its account, it transfers the funds into Customer A's accountSimilarly Bank A would have an account for Bank B to credit funds for checks issued by its customers to customers of Bank B.
Can a certified check be fraudulent?
It is possible to counterfeit a certified cheque. It is easier to do so than to counterfeit paper money, but paper money does not usually leave a "paper trail" whereas a counterfeit certified cheque usually would.
Can a bank refuse to accept a check if the name of the issuing bank is not on the check?
Is this a hypothetical question or are you aware of a bank that actually does not print its name on its checks? Banks can refuse to accept checks they believe to be counterfeit, and a check without the name of the issuing bank on it sure sounds like it might be counterfeit to me.
How is a check cleared?
Below are the steps involved in the check clearing process. 1. Person A issues a check from Bank X to Person B 2. Person B deposits the check into his account with Bank Y 3. Bank Y Accepts the check and sends it to Bank X for verification 4. Bank X verifies the accuracy and legitimacy of the check including the signature and releases payment to Bank Y if person A has enough balance in his account to honor the check payment 5. Bank Y accepts the payment and credits it into the account of Person B
how can i verify a cashiers check?
The bank whose name is on the cashier's check will be able to verify it. Get the bank's number from a phone directory (not the number on the check, in case it's counterfeit) or find its website online.
I would like to check if a money order is counterfeit.?
You can take the check to the bank that issued the money order. They will be able to verify if the money order is original or counterfeit. This is the only way of identifying this information. Or you can deposit the money order in your bank account and if it is counterfeit you will not get any money.
Can ABC Company deposit a check into their account if the check is made payable to CBS Company?
Yes if the bank accepts it, but ABC company is liable for the amount if the check isn't paid.
Chase bank accepts other people check into your account?
No. Chase bank will not accept checks written out to other people into your account. For that matter, no bank will accept that. A check can be deposited only into the account of the person to whom the check is issued. Deposing a check issued to someone else into our account is a crime and we can be jailed for that.
The person who makes it does not tell what it is the person who accepts it does not know what it is the person who knows what it is does not want it what is it?
Counterfeit money ...
What is the proccess of check clearing?
Below is how banks process a check:Customer A deposits check into his bank account with Bank ABank A accepts the check and sends a request to the check issuing bank, Bank B with details of the check and amountBank B receives the check details and checks if the account linked to the check has enough funds to honor the check and also to see if the signature on the check matches the account holders signatureIf the sign matches and funds are available, Bank B Transfers the check amount into Bank A's account with Bank B and sends an intimation to Bank AOnce Bank A receives funds into its account, it transfers the funds into Customer A's accountSimilarly Bank A would have an account for Bank B to credit funds for checks issued by its customers to customers of Bank B.
Where do you report receipt of a counterfeit money order?
The bank.
What is Public Bank Berhad IMF form?
A public bank is a bank which accepts deposits from the public.
What is the policy on counterfeit postal money orders and the responsibility of the bank and the clerk?
Counterfeit postal money orders, like counterfeit money, cannot legally be deposited in a bank account. Bank clerks are not required to absolutely verify the status of a money order before accepting it, and the bank is not required to honor it in any case. The responsibility of a clerk who pays out money erroneously is subject to the policy of the individual bank. But the bank account holder is ultimately liable for all counterfeit or fictitious items deposited or cashed through their account.
Can you deposit someone's else's government check into your account?
No. first of all, a check can be deposited into the bank account of the person to whom the check has been written to. Second of all, even if the bank teller accepts the check by mistake, it will not be cashed. The check will be returned and no money will be paid. Moreover, if the owner of the check complains that his/her check was lost or stolen, you will be caught and jailed for it. Depositing someone else's check into your account is a crime.
