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Drawee of a check

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13y ago

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Who is the drawer of a third party check?

the party to whom payment is to be made


Is a check from your job a Third Party Check?

A third party check is a check which is signed over to an individual not named on the front of the check as either the maker (entity writing the check) or the payee (to whom the check is payable). The payee signs the check over to another individual, who is the "third party."


Who is the drawer of a check?

The bank is the drawee.The person writing the check is the maker or drawer.The person to whom the check is written is the payee.


Can you deposit someone elses income tax check into my bank acct?

No. you cannot do that. A check can be deposited only into the account of the person to whom the check is issued as payee. If you try to do this, it will be considered an illegal activity and you can be jailed for forgery. However, if you have a power of attorney from the other person to whom the check is issued, then you can do it. A check is a negotiable instrument. You obviously cannot just take it from who was to receive it and deposit it. That is criminal. However, the person/company to who it was made out may endorse it (either fully opne so anyone can do with it what they want) or specifically (as in too someone or place), and then it can be further negotiated. That is frequently calleda 3rd party check....and it is not uncommon that a check will end up with many endorsements (and be a many party check) as it moves through the banking system.


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.

Related Questions

Who is the drawer of a third party check?

the party to whom payment is to be made


A person whom a check is written?

Payee


Is a check from your job a Third Party Check?

A third party check is a check which is signed over to an individual not named on the front of the check as either the maker (entity writing the check) or the payee (to whom the check is payable). The payee signs the check over to another individual, who is the "third party."


If there is no name of the poet what you call by whom the poem is written?

Anon


How do you find out what your check amount was?

You have to go to your bank, give them the number of the check from your check stub, and tell them what date and to whom the check was written.


Who is the drawer of a check?

The bank is the drawee.The person writing the check is the maker or drawer.The person to whom the check is written is the payee.


If a cheque is given in payment but is not cashed have you paid your debt.?

Not necessarily ... the check may not have been cashed as it may have gotten lost. You need to check with the party to whom you sent it ... ask for written certification that they indeed received it and marked your account "paid in full".


Can you deposit an unsigned check made out to your husband and you into your bank account?

No bank should honor an UNsigned check. Without a signature, the check amount and "payee" (to whom it is written) could be forged. Instead of risking getting into legal trouble, call or return to the check writer and ask for the person to sign the check.


What address should be written on checks?

The address that should be written on checks is typically the address of the person or business to whom the check is being sent or who will be depositing the check.


How is the word whom used?

Whom is used when the question you are asking refers to the direct object of a sentence. It is often helpful to think of what the answer is. If the answer will be the direct object, whom is needed. If the answer is the subject of the sentence, who is needed. Ex. Who is going to the party? Bob is going to the party. (Bob is the subject of the sentence.) Ex. Whom are you taking with to the party? I am taking Joe to the party. (I is now the subject of the sentence, and Joe is the direct object.)


Does a check need to have an address?

Yes, a check typically needs to have the address of the person or business to whom it is being written in order to ensure proper delivery and processing.


Which is correct That you had written or whom you had written?

Well if you think about it- neither one is correct as it would be: To whom have you written to. or What have you written. or It says that you have written..... I hope this helped xx