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Can payroll checks be cashed by the employer and then deposited in the employers acct?
No, payroll checks should not be cashed by the employer or deposited into the employer's account. Payroll checks are intended for the employee and represent their earned wages. If an employer cashes or deposits the check, it could be considered a violation of labor laws and could lead to legal repercussions. Employers must ensure that employees receive their wages directly.
What else can I help you with?
How can I determine whether a check was cashed or deposited?
To determine if a check was cashed or deposited, you can check your bank statement online or contact your bank to inquire about the status of the check. The bank will be able to provide you with information on whether the check was cashed or deposited into the account.
Can a lost endorsed check be cashed or deposited by somebody else?
never!
Is there a limit to the amount of a check that can be deposited or cashed?
Yes, there is typically a limit to the amount of a check that can be deposited or cashed, which is set by the bank's policies. This limit can vary depending on the bank and the account holder's relationship with the bank.
How can an outdated payroll check eleven years old be cashed?
It probably can't. Most payroll checks say 'void after __ days".
Do checks need to be endorsed before they can be deposited or cashed?
Yes, checks typically need to be endorsed before they can be deposited or cashed. Endorsing a check involves signing the back of the check, which signifies that the payee authorizes the transfer of funds.
How do you know if a check has been cashed?
You can know if a check has been cashed by checking your bank statement or online banking account for the transaction. The check will show as "cleared" or "deposited" once it has been cashed by the recipient.
Is there a way to find out where a check was cashed or deposited?
If you issued the cheque, your bank will be able to tell you that.
Is it possible to cash the same check twice?
No, it is not possible to cash the same check twice. Once a check has been cashed or deposited, it is considered used and cannot be cashed again.
How can a bank determine if a check has been cashed?
A bank can determine if a check has been cashed by checking the account of the person who deposited the check to see if the funds have been withdrawn. They can also verify with the bank where the check was deposited to confirm if it has been processed and the funds have been received.
Is it possible to cash a check twice?
No, it is not possible to cash a check twice. Once a check has been cashed or deposited, it cannot be cashed again. Doing so would be considered fraud.
Who is liable for payment on a counterfeit money order after whichg it has been cashed and or deposited?
It is almost impossible to track a cashed money order unless the person who cashed it has taken complete personal information of the person who got it cashed. If the information is available, the person who got it cashed would definitely be responsible for all the charges. And if the person who cashed it did not get all the information, then he/she should be responsible for cashing the money order.
What does advice of deposit non negotiable on a check mean?
The phrase "deposit non-negotiable" on a check indicates that the check can only be deposited into an account and cannot be cashed or transferred to another party. This restriction helps ensure that the funds are securely deposited in the intended account, reducing the risk of fraud or unauthorized cashing. It is commonly used for payroll checks or checks issued by a government agency.
