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Anonymous

5y ago

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What does it mean to make a check out to cash?

When you make a check out to cash, it means that anyone can cash the check, regardless of who it is made out to. This can be risky because if the check is lost or stolen, anyone can potentially cash it.


What does less cash received mean on a banking deposit slip?

The amount out of the check that you are receiving in cash.


What is the maximum allowable amount of a cashiers check without the IRS being notified?

Banks are supposed to file a Cash Transaction Report (CTR) for CASH transactions in amounts over $10,000. The key is CASH. The purpose is to track potentially unreported income. If the money for the check comes out of funds already on deposit at the bank, a CTR is not "required". That does not mean that a teller can not file a CTR in that case, but it is not required.


What does King mean when he says that they have come to the nation's capital to cash a check?

It mean he's getting money from the hard work he did


What does movie mode of 640x480 mean?

noting much


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.


What does custodian mean?

a person responsible for loading cash into the atm, and also check the that notes are not torn damaged or dirty.


What does it mean when the bank account in the cash book has a credit balance?

That doesnt happen often, but its when you send a bad check. Because cash account is an asset and carry debit balance


What does "cash offers only" mean when buying a house?

"Cash offers only" means that the seller of the house will only consider offers from buyers who can pay for the house in cash, without needing a mortgage or other financing.


What does ATM custodian mean?

a person responsible for loading cash into the atm, and also check the that notes are not torn damaged or dirty.


What does a post dated check mean?

Postdating is to put a date on the check for some time in the future, not the current date. Technically a check is a contract, so if a person took a check into the bank and it was dated for tomorrow, they could not cash it.


Can you cash a check at Wells Fargo if you are not a member I received a check from a company made out to me that says payable through Wells Fargo Bank Does this mean I can cash it if not a member?

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.