If you are in the unfortunate situation that you have a check but no bank account, it would seem your only option would be to go to a check cashing business where your check will be cashed at the cost of a large a percent of your whole check.
The TCF bank usually gives you $100 for opening an account with them. They are also open on Sundays. They dont have a minimum amount of cash that you need to have in your account either, which is very nice.
cash the check and buy a new car. you dont have to buy a car with that money but i recomend it
If you keep no money in your account for a prolonged duration of time or if you dont use your bank account for a very long time, then the bank has the right to either make your account dormant or even close it. Only an active account that has a minimum balance in it is eligible to be open and in service.
This is a good question. You could do either one if you're looking for some extra cash. A bank will typically offer you a better interest rate than most companies offering a payday cash loan.
I am a student of HS , main think is a i am not a busness man so i dont have much muny thats so i disided to open a bank account at canara bank as a student n saved my pocket mony thats way i'll open a bank account in canara bank thats all .
It's possible that you may not even be able to cash a check at the bank of origin. The only sure way to cash it is to take to a bank that you already, yourself, have an account with.
Go to the bank in person and walk up to the teller and tell the teller that you would like to cash in the check. it is that simple
Go to the bank that issued it with your ID and cash it.
There are a couple ways to answer this question. 1) IF A CHECK IS WRITTEN OUT TO YOU.. and you would like to cash it but have no money in YOUR account: Unless it is a government check or a payroll check you will not be able to cash it. Most banks now require you to provide your Social Security Number when cashing it instead of your account number (since there is no money in your account to "hold the check" against.) IF you still need to cash it you can always bring it to the bank that it was "drawn off of" on every check it says what bank that persons account is at. 2) IF A CHECK IS WRITTEN YOU TO YOU.. and you would like to cash it but the person whose account it's coming from does not have enough money (or no money) you'll still be able to cash it, however the person whose account its coming from will be hit with an overdraft fee. Also, when you bring it to your bank to cash it and it is "drawn off" a different bank the money may be drawn out of YOUR OWN account. Banks dont like giving out money for free. I highly suggest you bring it to the bank it was drawn off of to avoid any problems. 2) IF YOU WROTE OUT A CHECK.. and dont have enough money in your account the check might go through, but you will be hit with a big overdraft fee for going below $0.
Take it to the bank whose address appears on the check (as the issuing bank) and see if a teller will cash it for you.
what to do if someone send you a check and it get cash through the bank to only find out later the check was uttered
The TCF bank usually gives you $100 for opening an account with them. They are also open on Sundays. They dont have a minimum amount of cash that you need to have in your account either, which is very nice.
The difference between Cash on Hand from Cash in Bank is that the cash is on our hand while the other one is that cash is not in our hand but in the bank. Serioulsy, I really dont know. Thank you very much!
cash the check and buy a new car. you dont have to buy a car with that money but i recomend it
When a bank honors a check for which you do not have the money, it is considered an overdraft. The bank will recover its money as soon as the funds hit your account and charge an overdraft fee for honoring the check when the funds were not present.
Below are the sequence of events that happenYou write a check of Bank A worth $100 payable to meI deposit this check into my account that I have with Bank BBank B sends a request to Bank A with details of the check and the amount to be paid against itBank A validates the check to see if it is valid and contains your correct signature. If so, it checks if you have sufficient balance in your account to pay the check.If you have sufficient balance, Bank A sends $100 to Bank BIf you dont have sufficient balance, Bank A sends a transaction declined message to Bank ABank B intimates me if the check returned with no funds or if funds were available credits them into my account
I dont think so. Usually while opening the CD you are asked the instructions upon maturity. If you had chosen the option of crediting your checking account then definitely you cannot sue them. In most cases, if no maturity instructions are given by the customer, the cash is deposited into his/her account. If you had provided specific maturity instructions and the bank dint follow it and instead deposited the cash to your account then you can. But before that you must give a written complaint to the bank and see what they have to say.