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Can you cash a check made out to two payees?
You can cash a check made out to two payees if you are one of the payees and the other has signed the check. You can also cash it if both payees have signed it over to you.
Generally you have about three days to get the money into your account after writing a check?
Maybe if you mail it, but if not it won`t clear. Most payees are using electronic transfers now which means as soon as they get the check it is presented to the bank for payment electronically.
Can you desposit a check is an account that's not my with my signiture?
It depends: a. If the check is in your name (As Payee) - then No. Such a check can only be deposited into your own bank account b. If the check is in someone elses name - then Yes, you can deposit such a check into the account of the person to whom the check is addressed.
What do you write on back of check if its a third party check?
Pay to the order of "insert name of recipent who you giving check over to" than sign your name below
Can you still cash a check if the maker of the check forgot to sign his name in the front of the check?
No, you cannot cash an unsigned check.
Can you cash a check made out to two payees?
You can cash a check made out to two payees if you are one of the payees and the other has signed the check. You can also cash it if both payees have signed it over to you.
Is it legal to alter a payee name on a check and initial and then cash?
mixed up payees on two check, sheriff was to get 5.00 fee, clerk 13.00 fee, so changed the payees and initialed the change. Court accepted the 13.00 changed-payee, for clerk, sheriff rejected it. I thought this was ok, am a lawyer, except that amounts cannot be increased.
What does it mean when 2 names appear on the check?
If you mean a payee, it depends on how the names are conjoined: "and" requires both payees to endorse the check; "or" permits one or the other to endorse the check. In both situations, both payees are entitled to the cash value of the check.
Can you deposit a joint check into an individual account?
Yes, you can deposit a joint check into an individual account if you are one of the named payees on the check.
Can the mortgage company accept a check from the insurance company that is endorsed by 1 of the 2 payees?
If your name is on it and you have not signed it then they can not legally cash the check. I've seen someone from the mortgsge co forge the homeowners name to cash it before though.
Can a bank reverse a cashiers check deposit if only one of the payees has an account?
Yes, a bank can reverse a cashier's check deposit if only one of the payees has an account, depending on their policies and procedures. The bank may require both payees to endorse the check before depositing it to prevent any potential issues with the transaction. It's important to check with the bank for specific guidelines in such situations.
How do i Endorse a check with two names?
Both payees must endorse the check and usually both must also present ID to cash the check.
What happens if payees name is misspelt?
You can do either of the two things below:Ask the person who gave you the check to re-issue a new check with the payee name written clearly and correctly on itAsk the person who gave you the check to overwrite/strike off and rewrite your name properly and then countersign the sameIf you opt option b, the check will not be accepted if the overwriting is not countersigned by the check issuer.
Can a money order be made out with two payees?
No, a money order cannot be made out with two payees. There needs to be one individual payee on each money order.
What celebrities changed their name?
Miley Cyrus changed her name from Destiny Hope Cyrus to Miley Ray Cyrus. Beyonce just changed her name to Sasha Fierce...check out her new CD...it's called I am Sasha Fierce
Generally you have about three days to get the money into your account after writing a check?
Maybe if you mail it, but if not it won`t clear. Most payees are using electronic transfers now which means as soon as they get the check it is presented to the bank for payment electronically.
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.
