RECEIVABLE
At the bank that you use
No. Cash is actual bank notes/coins.
No, obviously.
No, cashier's check is a guarantee funds by the issuer bank and must have a guarantee payee. Never payable to cash.
No it's cash. Though it is in the form of a "check" it is easily transferred to cash and is recorded as such. Also, even if it wasn't considered cash (it is) it would be a receivable, not a payable.
no
I received a cashiers check from a bank that was payable thru Wachovia. I took the check to a Wells Fargo and they stated that the check was deposit only. So I opened an account and the funds were available the next day, which was a Saturday.
At the bank that you use
No. Cash is actual bank notes/coins.
Yes, a check made payable to cash can be negotiated by whoever holds the item.
To endorse a check payable to someone else, the person named on the check must sign the back and write "Pay to the order of your name" followed by their signature. This allows you to deposit or cash the check on their behalf.
No, obviously.
No, a cashier's check is typically made out to a specific payee, and only that individual or entity can cash or deposit it. If someone tries to cash a cashier's check made out to another person, they will usually need the endorsement of the payee, and most banks will require identification to verify the payee’s identity. Attempting to cash a check that is not made out to you could be considered fraud.
No, cashier's check is a guarantee funds by the issuer bank and must have a guarantee payee. Never payable to cash.
any time only to take yhe cash...
No it's cash. Though it is in the form of a "check" it is easily transferred to cash and is recorded as such. Also, even if it wasn't considered cash (it is) it would be a receivable, not a payable.
make it payable to yourself or cash and go to the bank and cash it.