all you can do is give the cheque to the bank on which it is drawn, then ask the clerk to put it up for collection, so that in case the money is ever in the account the bank will credit you.
it is returned to the account holder
The account holder does not need to be present when the check is cashed.
It Depends: 1. Yes you can - If you are a joint holder of his bank account 2. No you cannot - If he is the only holder of his bank account This is because, a check can be deposited only into the account that is fully or jointly held by the person to whom the check is issued. So trying to put your fathers managers check into your account is a crime.
The bank where the account was opened. Typically the bank address on the check.
No. Only an account holder can check his/her bank account. If anyone else gains access to your account without your written consent, it is illegal.
it is returned to the account holder
The account holder does not need to be present when the check is cashed.
The authorized signature on a check is typically signed by the account holder or an individual authorized by the account holder to sign on their behalf.
The holder of an account takes responsibility for the outcome of any check deposited into their account. Thus, the bank may require that the person who owns the account also sign the check (and even be present during the deposit) to verify authorization for the deposit. Even though money orders are supposed to be verified funds, the bank cannot risk that the account holder will claim the deposit wad unauthorized if they are charged if the check us returned.
A bounced check. Probably a check that you deposited into your account was no good so the bank returned it and deducted the money from your account.
When a check is returned or a transaction is declined, the process typically involves notifying the account holder, assessing any fees, and attempting to collect the owed amount. The account may be temporarily suspended until the issue is resolved, and further action may be taken if the payment is not made promptly.
The starting check number for this account is typically the number printed on the first check issued by the bank for the account holder.
No, you cannot deposit your brother's check into your account unless you have power of attorney or are a joint account holder.
how to know a/c holder name by a/c number
It Depends: 1. Yes you can - If he is a joint holder of your bank account 2. No you cannot - If you are the only holder of your account This is because, a check can be deposited only into the account that is fully or jointly held by the person to whom the check is issued. So trying to put your fathers managers check into your account is a crime.
No, you cannot deposit your wife's check unless you have her permission or are listed as a joint account holder on the account the check is drawn from.
It depends: a. Yes - If you are joint holder of the account along with your parents then you can deposit it into that account b. No - If you are not a joint holder of the account along with your parents, then you cannot deposit it into that account. A check can be deposited only into an account that is held by the person on whose name the check is issued.