If you try to cash a check that someone has ordered a "stop payment" on, you will be charged a fee by the location you are attempting to cash it at. This fee varies by institution, but it is typically around a $25 fee. As a word of caution, always confirm with the person that wrote the check that it will go through.
No, someone cannot cash a lost check because they would need to have the physical check in order to deposit or cash it. If a check is lost, the person who issued the check can issue a stop payment on it and reissue a new one.
cash payment limited for budget 2010-2011
A cashier's check is considered a secure form of payment, similar to cash, because the funds are guaranteed by the bank.
No, you cannot cash a voided check because it has been canceled and is no longer valid for payment.
You cannot cash a voided check because it has been canceled and is no longer valid for payment.
No, someone cannot cash a lost check because they would need to have the physical check in order to deposit or cash it. If a check is lost, the person who issued the check can issue a stop payment on it and reissue a new one.
cash payment limited for budget 2010-2011
yes a stop payment on a check will remain permanently once the bank places it
The person who placed the stop payment on the check is responsible for any fees associated with stopping the payment. The check recipient might also have to pay fees if they try to cash or deposit the stopped check. Ultimately, the responsibility for resolving any issues related to the stopped check lies with the account holder who placed the stop payment.
A cashier's check is considered a secure form of payment, similar to cash, because the funds are guaranteed by the bank.
No, you cannot cash a voided check because it has been canceled and is no longer valid for payment.
You cannot cash a voided check because it has been canceled and is no longer valid for payment.
CASH DISBURSEMENT: A payment of money or simply a payment. Usually, the writing of a check to pay for an item previously obligated to be paid, such as loan payment, salary payment or accounts receivable payment.
A check
a stop payment order
No, it is not possible to cash a check that is made out to someone else.
No, it is not possible to cash a check that is made out to someone else.