Yes, accepting a cashier's check as payment for your car is generally safe as long as you verify its authenticity with the issuing bank before transferring ownership of the vehicle.
cashiers or bank check!
Being able to place a stop payment on a cashier's check depends on the bank. If the cashier's check has been lost or stolen the bank may place a stop payment on it.
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?
To accept payment for a car, you can use methods like cash, check, bank transfer, or online payment services like PayPal or Venmo. Be sure to verify the payment is legitimate before transferring ownership of the car.
No. A stop payment can be issued only before the check payment is made by the bank. If you try a stop payment after the bank has paid for the check, the bank wont accept it because the stop payment instruction is useless now and cannot be executed.
cashiers or bank check!
Being able to place a stop payment on a cashier's check depends on the bank. If the cashier's check has been lost or stolen the bank may place a stop payment on it.
Go to a bank where you already have a banking relationship. Then ask the teller that you need to get a cashiers check issued. Normally a cashiers check will be preprinted with the 'Payable to' filled in, so you need to know who to make the check out to. They will deduct the amount from your bank account, so you need to have enough money in your account to cover it.
DRAFT CHEck
You probably can pay them with that, but they don't have to accept it, and could demand cash, money order or cashiers check instead. Many businesses these days are no longer accept checks for immediate purchase.
The bank cannot revoke its acceptance of an official check by stopping payment. Banks often pre-print a notice on the customer's copy of a cashiers check indicating it will not be replaced for 90 days if it is lost or stolen.
Many hotels accept debit cards as a form of payment, but it is recommended to check with the specific hotel you plan to stay at to confirm their payment policies.
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?
hi
check out cheapphonecases.com they accept many types of payment
To accept payment for a car, you can use methods like cash, check, bank transfer, or online payment services like PayPal or Venmo. Be sure to verify the payment is legitimate before transferring ownership of the car.
No. A stop payment can be issued only before the check payment is made by the bank. If you try a stop payment after the bank has paid for the check, the bank wont accept it because the stop payment instruction is useless now and cannot be executed.