The below things happen:
All these are under the assumption that, the check you deposited gets cleared and you get the money.
It IS a crime to write a check with no funds on deposit with intention to deceive.
No. A cancelled check has no monetary value i.e., it is worth 0 rupees or 0 dollars whatever the local currency in which the check is issued. So you cannot cash a cancelled check. Even if you manage to deposit a cancelled check into an ATM machine, you will not get any money out of it.
No
One of the easiest ways to deposit a check online is through virtual mailboxes. When you receive a check, the mail facility will take care of it on your behalf. So that way, you control your postal mail and any check you need to deposit online through same application.
A wife can deposit her husbands paycheck if the husband has signed the back of the check. The wife must also sign the back under the husbands name in order to deposit the check.
If they are unable to direct deposit it, they will mail you a check.
"For deposit only" is a restrictive endorsement.
Direct Deposit.. If they do not have your Direct Deposit set up for your first paycheck then sometimes you will get a paper check you can cash.
Yes, you can deposit your girl friends check into her account if:The check has her name as the payeeShe has endorsed the checkIf either of the above two is not done, then you cannot deposit the check into her account.
First, open a checking or savings account at a credit union or bank. Second, fill out a deposit slip. Third, endorse the check (sign it on the back in the area reserved for endorsement). Last, have the teller deposit the check in your account. You may be able to endorse the check and mail it in for deposit. Ask you bank or credit union about their procedures for that. If you do mail a check for deposit, include the phrase "for deposit only" along with your signature in the endorsement.
You can deposit a SS check in any back account that has your name on it. This only applies if it is a check not already direct deposit.
I'll do it both ways since you do not specify whether it is simple of compound interest. FV = P + PRT 10000 = P + P(.03)(20) 10000 = P(1 + 0.60) 10000 = 1.6P 6250 = P Check 6250 * .03 * 20 = 3750 + 6250 = 10000 ◄ FV = P + P(1+R)T 10000 = P + P(1.03)20 10000 = P + P(1.80611) 10000 = 2.80611*P 3563.65 = P Check 3563.25 + 3563.25(1.03)20 3563.25 + 3563.25*1.80611 3563.25 + 6436.35 9999.70 (Rounding error) ◄
You sign the back. She has to sign beneath your name. Then, you can cash it or deposit it.
It IS a crime to write a check with no funds on deposit with intention to deceive.
Yes. As long as the check is not being cashed, the bank can stamp the check and deposit it.
No. A cancelled check has no monetary value i.e., it is worth 0 rupees or 0 dollars whatever the local currency in which the check is issued. So you cannot cash a cancelled check. Even if you manage to deposit a cancelled check into an ATM machine, you will not get any money out of it.
Yes. Any cheque that was used on the account (for both deposits and withdrawals) would reflect in the bank statement of the account. For Ex: I give you a cheque for Rs. 5000/- which you duly deposit into your account and similarly deposit a cheque I got from my friend for Rs. 10000/-. Next week if I check my bank statement both these Cheques would be visible in my account statement.