You can try the other account, monitor it closely to withdraw the money as soon as the check clears. Or you can use a check cashing service, or maybe get a friend to cash it for you.
No.
When reconciling a bank account, outstanding checks are checks that have been issued and recorded in the company's books but have not yet cleared the bank. These checks reduce the company's cash balance but have not yet been deducted from the bank statement. During reconciliation, outstanding checks are deducted from the bank's ending balance to arrive at the true cash balance. It's important to account for these checks to ensure an accurate reconciliation of the 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.
Probably. It depends on the bank, but any bank worth having an account at will cash government or payroll checks as a courtesy for account holders regardless of the account balance.
You can cash personal checks at your own bank branch or at the branch from where the check was issued. But, if the check was a crossed/account payee check then you can only cash it by depositing it into your bank account. It is always advisable to write crossed checks to ensure safety and avoid fraudulent activities.
As long as you have an account with a bank they should be able to cash checks free of charge. Bank of America always cashes mine for free.
If you have a bank account, then yes of course you can.
Nope. All you need is cash.
Checks are monetary instruments that can be exchanged for cash. Cashing a check is the process of converting a check into cash. It can be done by submitting/depositing the check with the bank that has issued it or by depositing it with any bank that we have a bank account with. In the former cases you'll get cash immediately and in the case of the latter you'll get cash in 3-4 days if the account has enough funds to pay for the check.
any bank has the right to refuse to cash checks if you are not already a customer. some will some won't.
# Cash account to Bank account # Bank account to Cash account # Bank account to Bank account
No. An Account Payee cheque can only be paid into a bank account and not as cash, which is the case for a self cheque.