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i have a payee only cheque can i sign it over to someone else
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∙ 11y ago
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Can you deposit a cheque in your name into someone elses account?
If you endorse it as payable to them it will usually be accepted for deposit into someone else's account.
When should you write only on a cheque?
It should be written after the payee name to prevent the cheque being cashed in by someone else. Most UK bank cheque already have this printed at the end of the line, so all you need to do is ensure you've crossed out any remaining space. People often write 'only' after the amount to pay, this is not necessary as long as you've included the amount in both pounds and pence eg. "Ten pounds and zero pence" and have crossed through any remaining space.
Do you sign the back of a check if you write a check to someone else?
If you are the maker of the check - that is, the person who is writing the check to pay someone else - you should sign on the front of the check and NOT on the back. The back of the check is for the payee's endorsement. The front of the check has a signature line for the maker to sign.
How do you cash a check made out to you and the bank?
It needs to be endorsed by both you and the bank. If you try to cash a cheque made out to someone else without his/her endorsement you can be imprisoned for forgery.
How do you write a cheque out to cash i have to pay my builder who requests cash but i only have my bank cheque book or my credit card cheque book until next wk and the builder says he has no bank?
first off, are you kidding me? give a cheque or find someone else - no one except you pays by cash. 2nd, many banks will not accept cheques made out to "cash". some might but its unlikely in this day and age. the only alternative is to draw cash from your credit card to the limit every day until you have enough.
Check has endorsement of payee do we have to sign?
depends. If you are recieving the money or someone else is. Payee is the person to which the cheque is being recieved, they are the once getting paid, hence the payee. The person paying is the payer. Endorsement of payee requires only the signature of whom is getting paid
Why should cheques be marked 'not negotiable?
A cheque being merely non-negotiable would not stop you cashing it. It only means the cheque cannot be presented by anyone other than the payee. However, it's also likely to be "crossed" and marked "A/c Payee" or "A/c Payee Only". Most cheque books are now printed this way. A crossed cheque can only be paid into a bank account and cannot be cashed over the counter. If the cheque is crossed AND marked non-negotiable it cannot be cashed would have to be paid into an bank account in your name. It would be worthless to anyone else so prevents someone else cashing the cheque for you - i.e. giving you the cash and putting in their own bank account .
What happens when a person changes the amount of a check?
The payee changing the amount on a cheque after it is issued is Illegal. Any overwriting should be done by the issuer and also counter signed by him. Else, the cheque would not be cleared.
What are the 29 reasons why cash cheque cannot be paid over the counter?
There are not 29 reasons why a cheque cannot be paid over the counter. But the reasons are:You are not the payee for the cheque (The cheque is addressed to pay someone else)You do not have a valid Photo Identity proof to prove that you are the person to whom the cheque was issuedThe signature in the cheque does not match the signature in the bank records for the same customer who issued the chequeThe cheque is expired (more than 180 days old)The account of the person who issued the cheque does not have enough money in itThere is overwriting/editing in the cheque without a valid counter-signatureThe amount in numbers and in words do not match
Difference between order cheque bearer cheque?
A person holding the cheque can collect the amount if it is a bearer cheque. The payee (i.e. the person in whose favour the cheque is issued) only or his authorized person only can collect the amount of the cheque if it is an order cheque
Can you deposit a cheque in your name into someone elses account?
If you endorse it as payable to them it will usually be accepted for deposit into someone else's account.
When should you write only on a cheque?
It should be written after the payee name to prevent the cheque being cashed in by someone else. Most UK bank cheque already have this printed at the end of the line, so all you need to do is ensure you've crossed out any remaining space. People often write 'only' after the amount to pay, this is not necessary as long as you've included the amount in both pounds and pence eg. "Ten pounds and zero pence" and have crossed through any remaining space.
Can you become someone's payee for SSI while on unemployment?
If you received income from someone (such as someone else's SSI), it would have to be reported to the unemployment office, which could reduce or eliminate your unemployment benefit
What happens if someone else asked someone else who they like?
Nothing! That someone if wants to share his feelings about the one he/she likes, would surely tell you something about him or her, but if that someone wants to maintain the privacy level, he/she will not reveal anything to you. Simple!
Your boyfriend wants to fight someone how do you stop him?
If your boyfriend wants to fight someone else he hates, just tell him this tearful phrase:If you fight with someone else will never go out with you ever again and then his life is smooth.
Is it wrong for you two date your guy friend if he wants to break up with one of your friends for you?
no there is nothing wrong with it if he wants to break up with someone for someone else. hes just showing that he cares for someone else.
What is Princess Diana's Favorite Quote?
'Be who you are, not who someone else wants you to be.'
