0
One use is for the funds needed when you close on a house for the downpayment and fees. A Cashier's Check is the same as "cash" but a much safer method to transfer a large sum of money from one person to another as identification will be required by the receiver. Often, some people will not take a personal check, where with a Cashier's Check, the cash has been guaranteed.
What else can I help you with?
Does the name to whom the check is made out to on a cashiers check show up on a bank statement?
The name does not usually show up on a bank statement, just the amount. You could probably call the bank and ask them to annotate the name to your account if you would like.
How can one pay cash for houses?
If you have accumulated enough money to pay cash for a house you would present the payment for the house to realtor or lawyer that represents the current owned of the house at the closing. It is likely that they would require a cashiers check for a sum that large.
You lost a cashiers check and the bank wants a surety bond to re issue the check Do you have to buy a surety to get the check re issued?
Yes. Banks are regulated by the "Uniform Commercial Code". This is a very lengthly Bank Rule Book. This book limits the reasons Banks can use to place a Stop Payment Order on their Cashier's Checks. This is because Cashier's Checks represent guaranteed funds. If stop payments could be easily placed on all Cashier's Checks, the Cashiers Check would lose it's Guaranteed status, and therefore be pointless. Unfortunately, a customer losing the check is not an applicable reason for a Stop Payment Order. If the check the customer lost does get presented to the Bank, the Bank must pay the check (as long as it is endorsed properly). They would also have to pay the reissued check. If that would happen, without a surity bond, the Bank would be at a loss for the cost of one check. With the surity bond, the Bank can collect the value of one of the checks. So, Banks need a Surity Bond to prevent them from assuming the risk of paying a check twice.
If a payee wants to transfer a check to another party the payee would use?
To transfer a check to another person you can sign the back and have them sign the back, as well. Once they sign the check, it is their check.
What is endorsement of a check?
Endorsement of a check means signing on the back of the check before cashing it. It is required because the bank would require proof over the fact that only the concerned party on whose name the check was issued is the person who is cashing the check. Your signature would be used to validate and confirm the same.
How do you see if a cashier check has been deposited by the person who it was sent to?
You would have to contact the bank that issued the cashiers check and see if they can determine the status of the check for you. This usually requires that you know the check number and that you are the person who purchased the check originally.
How can you buy a car with cash without being considered a suspicious person in mn?
I would suggest if you have a bank account to deposit it and get a cashiers check for the total amount of the vehicle that you are willing to pay.
Does the name to whom the check is made out to on a cashiers check show up on a bank statement?
The name does not usually show up on a bank statement, just the amount. You could probably call the bank and ask them to annotate the name to your account if you would like.
How can caseys legally make cashiers pay for bad checks that the cash registers passed as ok?
The Answer is they can't. First of all the bad check goes to a collection agency and the collection agency must go after the person that wrote the check. If the store tries to make the cashier pay for it then I would contact the Department of Labor, and a Lawyer.
Will Kohls still honor a coupon if I don't have it on me?
Although it is probably not company policy most cashiers will tack on the additional discount. It would be smart to ask them because the worst they can say is no.
can someone legally change a date on check and get away with it?
Well this seems like an easy legal question to me. But if they are not an authorizes person of the account that the check was written from then no they legally cannot. It seems to me that this would be check fraud. However, they would probably get away with it. Guess it depends on the amount of the check.
Can you cash a us cashiers check in England?
It wouldn't be easy. You would have to go to a main bank branch which had an affiliation with the US bank. The admin fee is likely to be quite high as well.
Would homeowners policy cover loss of a cashiers check stolen from vehicle?
Yes, it should depending on where or the distance the auto was from the home. Be sure to get a Police Report as this is will help show proof of loss. Check your policy for specifics. Hope this helps.
What can you do about cancelled personal check received by your business?
In this state, it is illegal to pass a bad check. If the business has a policy, I would follow it. If it does not, I would try to call the person on the phone and ask that person to come down and make the check good. If the person balked, I would remind him or her that passing a bad check is a felony punishable by prison. If I could not get hold of that person, I would turn the check over to the cops.
What would Shakespeare want to see?
He appears to have been a curious person. He probably would have wanted to see everything.
How can one pay cash for houses?
If you have accumulated enough money to pay cash for a house you would present the payment for the house to realtor or lawyer that represents the current owned of the house at the closing. It is likely that they would require a cashiers check for a sum that large.
Why would check engine light blink on my Oldsmobile cutlass?
Probably because you need to check the engine.
