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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.
How can i deposit check with two name and only one signature?
To deposit a check with two names but only one signature, you typically need to endorse the check with the signature of the person whose name is signed. However, some banks may require both signatures for a joint check to be processed. It's advisable to check with your bank's policies or visit a branch to clarify their specific requirements for depositing checks with multiple payees. If possible, the second payee could also endorse the check to facilitate the deposit.
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.
What makes a personal check altered?
A personal check is considered altered when any information on it has been changed or tampered with after its issuance. This can include modifications to the payee's name, the amount, or the signature. Such alterations are typically done with the intent to defraud, and they undermine the check's authenticity and validity. If an altered check is discovered, it can lead to legal consequences for the individual who made the changes.
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 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 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 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 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.
Do all parties on a check have to endorse it?
No, not all parties on a check have to endorse it. Typically, only the payee (the person or entity to whom the check is made out) needs to endorse it to deposit or cash the check. If multiple payees are listed, their endorsements may be required depending on how the check is written (e.g., "and" vs. "or"). Always check with the bank for specific requirements.
