no
Negotiable instruments may only ever be endorsed by the payee (ie. the person who can cash it), but many countries provide that cashier's checks are not endorsable.
An endorsed check is not the same as cash, but it can be treated like cash once it is endorsed. When you endorse a check by signing it on the back, you authorize it to be cashed or deposited. However, the funds are not immediately available like cash; they must still clear through the banking system. Therefore, while an endorsed check can be converted to cash, it does not have the same instant liquidity.
The check was not endorsed because the recipient did not sign the back of it, which is required to deposit or cash it.
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.
any time only to take yhe cash...
RECEIVABLE
An endorsed check is a check that was written to someone without a checking account, or someone who could not deposit the check, that has been signed by that person so that someone else can deposit it for them.
Negotiable instruments may only ever be endorsed by the payee (ie. the person who can cash it), but many countries provide that cashier's checks are not endorsable.
At the bank that you use
An endorsed check is not the same as cash, but it can be treated like cash once it is endorsed. When you endorse a check by signing it on the back, you authorize it to be cashed or deposited. However, the funds are not immediately available like cash; they must still clear through the banking system. Therefore, while an endorsed check can be converted to cash, it does not have the same instant liquidity.
No. Cash is actual bank notes/coins.
The check was not endorsed because the recipient did not sign the back of it, which is required to deposit or cash it.
No, obviously.
It needs to be endorsed by both you and the bank. If you try to cash a cheque made out to someone else without his/her endorsement you can be imprisoned for forgery.
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.
any time only to take yhe cash...
Yes, you can cash an endorsed check, but it must be properly endorsed by the payee. This typically involves signing the back of the check. Additionally, some banks may have specific policies regarding cashing endorsed checks, especially if they are not issued by that bank, so it's advisable to check with your bank beforehand. If you are not the original payee, you may also need to provide identification.