0
What else can I help you with?
Can i return a cashiers check i made out to the payee back to my bank for a refund?
Yes, bring the check back to your bank.
What is the Safest check to receive?
Cashiers check because it is made out to a specific person. Next might be money orders and then checks on the bank where you are cashing it.
Can a cashiers check have a stop payment put on it by telephone?
if the check was made out to a company that is now being investigated, can it be stopped if it has not cleared the bank or if it has cleared the bank is there a 30,60 or 90 day rule?
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.
What does MPS mean on bank statement?
MPS on a bank statement typically stands for "Merchant Payment Services." It refers to transactions made through a payment processor for purchases made at various merchants. If you see MPS on your statement, it may indicate charges for goods or services you’ve bought using a debit or credit card. Always check with your bank if you have questions about specific transactions.
Can i return a cashiers check i made out to the payee back to my bank for a refund?
Yes, bring the check back to your bank.
When a cashiers check is obtained from the bank does it need to be signed?
Yes, a cashiers check is signed by an authorized representative of the bank. Then the person the check is made payable to will have to endorse the back of it, just as is done on any other type of check.
What is the Safest check to receive?
Cashiers check because it is made out to a specific person. Next might be money orders and then checks on the bank where you are cashing it.
Can a cashiers check have a stop payment put on it by telephone?
if the check was made out to a company that is now being investigated, can it be stopped if it has not cleared the bank or if it has cleared the bank is there a 30,60 or 90 day rule?
What is a kind of check guaranteed by a bank?
While personal checks and money orders are not guarranteed by banks, a cashiers check is. A cashiers check is written by a financial institution/bank on its own funds. The check is then signed by a representative of the financial institution/bank and made payable to a third-party. A cashier's check is secured, with the funds being guaranteed, because the amount of the check must first be deposited by the individual into the issuing institution's own account. The person or business to whom the check is made out will receive the funds no matter what.
What does Bcc mean on a bank statement?
Bcc on a bank statement typically stands for "bank check card," indicating transactions made using a debit or check card linked to your bank account. It can also refer to "balance check," showing the current balance following certain transactions. It's important to review the statement's key or legend for specific definitions, as abbreviations can vary by bank.
Can you cash a cashiers check that you made payable to someone else?
RECEIVABLE
How do banks determine if a check is good?
I deposited a cashiers check issued to me. 24 hrs later the bank said it was good and made the funds available to me. Two days later, they froze my account and said the check was fraudulent. I am being held liable. Are they not responsible?
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.
Can a cashiers check be cashed by the remitter if it has been made out for the wrong amount?
It is possible but does depend upon the policies of the issuing bank. The check can be negotiated by the remitter, however, the remitter's bank may not allow them to exchange the check for cash - they may require it be deposited bank into the remitter's account. The remitter would have access to the funds per that bank's funds availability policy, but no later than the next day in most cases.
What does MPS mean on bank statement?
MPS on a bank statement typically stands for "Merchant Payment Services." It refers to transactions made through a payment processor for purchases made at various merchants. If you see MPS on your statement, it may indicate charges for goods or services you’ve bought using a debit or credit card. Always check with your bank if you have questions about specific transactions.
What Need and importance of bank reconciliation statement?
* Bank reconciliation statement ensures the accuracy of the balances shown by the pass book and cash book. * Bank reconciliation statement provides a check on the accuracy of entries made in both the books. * Bank reconciliation statement helps to detect and rectify any error committed in both the books. * Bank reconciliation statement helps to update the cash book by discovering some entries not yet recorded. * Bank reconciliation statement indicates any undue delay in the collection and clearance of some cheques.
