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You deposited a endorsed check and it came back with NSF stamped on it what to do now?
Wiki User
∙ 14y ago
As you already know, the party issuing the check didn't have enough money in his account to cover the check. Here in Texas we have a "Hot Check Law" which aids in such cases. You should check with the bank for any advice they can offer, and possible with an attorney, as well,for the options available in your state. Good luck!
Wiki User
∙ 14y ago
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Where is bank of first deposit located?
Bank of First deposit is not an actual bank. It's where the check was first deposited to. When the back of a check shows it was deposited to BOFD, underneath that there should be a routing number. Google that routing number, and that should tell you the name/location of the bank it was actually deposited to.
Why should the back of a check be endorsed?
so that people cant screw with your money.......they want to make sure that your handling your own money and not stealing someone else's money
Who endorses on the back of a cashiers check?
Negotiable instruments may only ever be endorsed by the payee (ie. the person who can cash it), but many countries provide that cashier's checks are not endorsable.
If a check is deposited in an ATM and then reversed by the bank because they don't accept third party checks is the check sent back to the person who deposited it or the person who wrtoe it?
This happened to me once, my girlfriend tried to cash a cheque in my name. The bank mailed it back to her, so I would assume this means they simply return it to the account holder and reverse the transaction. I think she might have gotten an additional fee for the mistake as well.
How many times can a check be returned through a federal reserve bank as a charge back item?
Most banks will limit the times an item will be charged back usually between 3-5 times. However, some banks will allow a check to go through processing as many times as the check is deposited. However, the bank that the check is drawn off of may decide to eventually close that account if this check goes through as a charge back too many times.
An account owner must do this in order to approve a check to be deposited into their account?
If you have a bank account and are trying to deposit a check, you will have to sign the back of that check. If the back is not signed, it cannot be deposited or cashed.
Cashier's check who signs the back of the check the person giving the check or the person who's name is on the front of it who will be cashing it?
Whoever is cashing or depositing the check will sign the back. If you cash it or deposit it yourself it will need endorsed.
Who has the liability of endorsement on a deposited check?
The payee, who is the person the check is written to. If they don't sign the back of the check before they deposit it, then the bank the check is drawn on (where the person who wrote the check banks at) can return the check for up to 7 years after it is deposited into the payees account. If that happens, then the bank where the payee banks at (where the check was deposited) will usually debit your account for the amount of the check. Also, if a check is made out to more than one person and includes the word "and" between the persons names, then both must sign or it must be deposited into an account owned by all payees listed on the check and stamped by the bank. If the word "or" is between the names, then only one payee need sign it. If it is made payable to a business or trust, then it must go into a business or trust account. It cannot go into the personal account of the business owner or of a trustee.
Where is bank of first deposit located?
Bank of First deposit is not an actual bank. It's where the check was first deposited to. When the back of a check shows it was deposited to BOFD, underneath that there should be a routing number. Google that routing number, and that should tell you the name/location of the bank it was actually deposited to.
For deposit only mean on a check?
Technically, it means that that check cannot be cashed, it can only be deposited into the account listed on the back of the check. (Actually that's not always the case.)
Why should the back of a check be endorsed?
so that people cant screw with your money.......they want to make sure that your handling your own money and not stealing someone else's money
I recievd an insurance check with 4 required endorsements and deposited this check into my account and was credited but 1 or the 4 endorsements was not signed on the back. Its been 6 months.?
If the check was credited and you have not heard from bank then there should be no problem.
Can you cash a refund check made out to someone else if they sign the back of it?
No. A check can be cashed only by the individual to whom the check is made out (issued) to. No one else can cash it even if it is signed by the person to whom the check was given. If you try to do so, it is an illegal activity and you can be jailed for it. But, you can deposit that check into the account of the person to whom the check was given if he has signed the back of the check (endorsed it) and no one will stop you if you do this and it is perfectly legal.
Who endorses on the back of a cashiers check?
Negotiable instruments may only ever be endorsed by the payee (ie. the person who can cash it), but many countries provide that cashier's checks are not endorsable.
If a check is deposited in an ATM and then reversed by the bank because they don't accept third party checks is the check sent back to the person who deposited it or the person who wrtoe it?
This happened to me once, my girlfriend tried to cash a cheque in my name. The bank mailed it back to her, so I would assume this means they simply return it to the account holder and reverse the transaction. I think she might have gotten an additional fee for the mistake as well.
What is return check?
Somebody who has issued cheque to you because of which money will be deposited into your account is returned back ie bank does accept the cheque issued to you for numerous reasons either due to sign mismatch, Account no missing, stale cheque been deposited etc.
What to do if you paid for the vehicle registration but did not receive the registration in New Jersey department of motor vehicles was no help and calling did not help?
Go back to the DMV with a copy of your check they deposited.
