answersLogoWhite

0

Before most of the automated checking systems were linked into point-of-sale systems, people could write a check anywhere, and it used to take at least a couple of days to hit the bank for verification. However, these days, since more and more stores have point-of-sale systems linked into ATM and credit card verification systems with banks and other financial entities, they can often run the check through to determine whether the account is valid and can cover the amount needed.

User Avatar

Wiki User

12y ago

What else can I help you with?

Related Questions

How do you write letter to bank to withdraw money?

Typically, this appears in the form of a check.


What is the maximum amount that you can write a check for?

The maximum amount you can write a check for depends on the funds available in your bank account and any limits set by your bank. It is important to ensure you have enough money in your account to cover the amount you write on the check.


What is the maximum amount of money that you can write a check for?

The maximum amount of money you can write a check for depends on the funds available in your bank account. There is no set limit on the amount you can write a check for, but it must be within the balance of your account to avoid bouncing the check.


How big of a check can you write?

The amount of money you can write on a check depends on the funds available in your bank account. It is important to ensure you have enough money to cover the check amount to avoid overdraft fees.


What do you need to be sure of before you write somebody a check?

Before you write your check, you need to make sure that you have enough money in the bank to cover it. If your bank honors the check even though you don't have the money in your account, the bank may charge you a fee. If the bank refuses to pay the check, it's called a "bounced check," and the person whom you paid may charge you a fee on top of any bank fees.3


How do I get a check?

To get a check, you typically need to request one from the person or organization that owes you money. They will write the check out to you, and you can then deposit or cash it at a bank.


Are checks written by a depositor and paid by the bank?

Yes, a person with a bank account (a depositor) can write a check against that account for a sum of money. The person given the check (who the check is made out to) then presents it to their bank and the banks between them move the money from the account of the person who wrote the check to the account of the person who was given the check.


What is the maximum amount that I can write a check for?

The maximum amount you can write a check for depends on the funds available in your bank account and any limits set by your bank. It is important to ensure you have enough money in your account to cover the check amount to avoid overdraft fees.


How large of a check can I write?

The maximum amount you can write on a check depends on the funds available in your bank account. It is important to ensure you have enough money to cover the check amount to avoid overdraft fees.


If you're selling your car to another person but you still owe money on it and the bank is holding the pink slip what steps do you need to take?

The buyer has to go to the bank with you, write the check to the bank and you and the bank will give them the title and give you the remaining money.


Where can I write a check for cash?

You can write a check for cash at a bank or a check-cashing store.


How do you transfer money from your bank account to someone else's at a different bank?

You, uh, write them a check or, if it's savings, you buy a money order or cashier's check that you pay for with a withdrawal slip from your savings account plus, probably, a small fee.