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.
No. A check/payment order/draft can be deposited only into the bank account of the person to whom it was issued (The Payee). If it is deposited into another persons account, the payment will not be released. Moreover, you may be arrested for trying to do so. However, if you have a joint account with your mother, then you can deposit into that account.
In order to get a cashiers check, the money had to be withdrawn from an account, this account could be traced. You could withdraw cash, then use it to get a cashier's check, but someone might be able to match the date of a large withdrawal.
A third party check is a check being negotiated by an individual who is not named on the front of the check. Are you asking how to make one check payable to a couple AND an attorney? When you use AND on a check, ALL individuals named must be involved in the negotiation of the check. For the check to be cashed, ALL individuals named must sign and be present. For the check to be deposited, the bank may require a signature guarantee on the party(ies) who are not named on the account, especially if the party not on the account is a business. For this you would write "Pay to the order of PERSON ONE and PERSON TWO and THEIR ATTORNEY" If you use OR, ANY individuals named may negotiate the check, either for cash or deposit. For this you would write "Pay to the order of PERSON ONE or PERSON TWO or THEIR ATTORNEY" Before you write the check, make sure you know how they are expecting it to avoid any delays in its negotiation.
No
Yes, but only with a court order perhaps.
endorse
When writing a check to deposit into your own bank account, you would typically put your own name or account holder's name in the "pay to the order of" line. This signifies that the money is being paid to you or deposited into your account.
No. A check/payment order/draft can be deposited only into the bank account of the person to whom it was issued (The Payee). If it is deposited into another persons account, the payment will not be released. Moreover, you may be arrested for trying to do so. However, if you have a joint account with your mother, then you can deposit into that account.
In order to get a cashiers check, the money had to be withdrawn from an account, this account could be traced. You could withdraw cash, then use it to get a cashier's check, but someone might be able to match the date of a large withdrawal.
A money order is deposited just like a check would be. Make sure your signature is the same as the check is written out to.
No. They cannot unless a judgment has been rendered by the court and the new account has been seized by court order.
Yes, a bank can hold a check if it was deposited after a lien was placed on the account. The lien typically allows the bank to restrict access to funds in order to satisfy a debt or obligation. Therefore, any deposits made after the lien is established may be subject to hold or restriction until the lien is resolved.
Check (or cheque) fraud refers to a category of criminal acts that involve making the unlawful use of one or more check or checking accounts in order to illegally acquire or borrow funds that do not exist within the account balance or account-holder's legal ownership. Most methods that are used by violator involve taking advantage of the float (the time between the negotiation of the check and its clearance at the check-writer's bank) to draw out these funds. Such acts are often colloquially referred to as check kiting or paper hanging.
Yes, checks typically need to be signed by the account holder in order to be deposited.
The holder of an account takes responsibility for the outcome of any check deposited into their account. Thus, the bank may require that the person who owns the account also sign the check (and even be present during the deposit) to verify authorization for the deposit. Even though money orders are supposed to be verified funds, the bank cannot risk that the account holder will claim the deposit wad unauthorized if they are charged if the check us returned.
No, it is not possible to cash a picture of a check. The physical check itself must be presented to a bank in order to be cashed or deposited.
A check is a request to draw money out of your checking account in order to pay for something.