Yes, it is possible to reverse a cashier's check, but the process can be complex and may require the involvement of the issuing bank.
No, it is generally not possible to reverse a check after it has cleared. Once a check has been processed and the funds have been transferred, it is considered a final transaction.
the person who is making the check.
If you return a cashier's check you purchased in someone else's name to the bank that issued it, you can get your money back. Check with the issuing bank, but you will likely need to make an endorsement-notation on the reverse that it was not needed for the purpose intended.
Yes, you have to sign a cashiers check before you give it to a payee. Some cashiers checks do not have to be signed. If there is a space to sign, you need to sign.
cashiers check
No, it is generally not possible to reverse a check after it has cleared. Once a check has been processed and the funds have been transferred, it is considered a final transaction.
Yes, a bank can reverse a cashier's check deposit if only one of the payees has an account, depending on their policies and procedures. The bank may require both payees to endorse the check before depositing it to prevent any potential issues with the transaction. It's important to check with the bank for specific guidelines in such situations.
A bank issues a cashiers check,on behalf of a depositor, by setting funds aside from the depositor's account.
the person who is making the check.
yes
If you return a cashier's check you purchased in someone else's name to the bank that issued it, you can get your money back. Check with the issuing bank, but you will likely need to make an endorsement-notation on the reverse that it was not needed for the purpose intended.
Yes, you have to sign a cashiers check before you give it to a payee. Some cashiers checks do not have to be signed. If there is a space to sign, you need to sign.
cashiers check
cashiers check
At the bank that you use
Yes.
You cannot generally change the payee on a cashiers check without it looking like fraud. Contact the issuer of the cashier's check in order to void the check and reissue.