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Cashing a third-party check can be illegal if you are not an authorized endorser. A third-party check is one that is endorsed by the original payee to another person. Most banks require the original payee to be present or to have proper identification and a signature to authorize the transaction. Without this authorization, cashing the check could be considered fraud.
What else can I help you with?
Can you cash your check for January 3rd today the 31st?
No, a check dated in the future is a post dated check. Banks won't knowingly cash a post dated check.
Can you cash a check that is under someone else's name?
Not legally, unless the owner of the check open endorses, (signs their name on the back). Then it is simply a negotiable instrument to any holder.However, that is what is called a "3rd Party" check. The first being who wrote it, the second the one it was written to, and the 3rd the one who it is now endorsed or assigned to (or even if the assignment is open). These are generally much harder to cash, and flatly won't be accepted by many places.
Can you legally cash a check if someone gave you the money in cash to replace the check?
Yes. Bank tellers do this every day.Answer and ClarificationNo. There are many reason a person may decide to pay you in cash after they have written a check. They may find they don't have the funds in their checking to cover the check, they may have received some unexpected cash and would rather leave their money in the bank, you may have asked them for cash instead of the check. If you and the person who wrote the check had an understanding the cash was intended to replace the check for some reason then you cannot cash the check. Rather, you should return it or destroy it. Deliberately cashing a check that you know has been replaced with cash is stealing.Updated Answer and ClarificationLegally, Yes. Should you? No. The question did not ask whether it was moral and right to cash a check when one has received cash in its place. The question stated "Can you legally cash a check ..." and the answer remains yes. If the payor did not want the check cashed, s/he should have requested the check in return for the cash. Alternatively the payor may place a stop-payment on the check in an attempt to prevent the payee from "double-dipping." Under the UCC, unless the check is voided, it remains a valid promise to pay. If the payee receives both cash and the proceeds from the check, then the payor can sue in court. But, based on the question as stated above, absent any other information, the check may still be legally cashed.Take a look at it another way. A gives a check to B, who signs over the check to C for services rendered. Before C goes to the Bank, A gives B cash to replace the check but doesn't get the check returned. That does not alter C's right to cash the check -- it's a valid promise to pay. [By the way, this is why merchants do NOT accept 3rd party checs!] A will have to take legal action against B for his/her "unjust enrichment" but it doesn't prevent the check from being legally cashed.
Define third party check?
Say Jack has a cheque from Bob, and Jack wants to pay walmart with that cheque...that would be a 3rd party check. Essentially it would be a cheque you are using (with the permission of who ever owns the cheque) to pay someone, so the owner of the cheque would be the 3rd party since they are outside of the acutal transaction betwen you and who ever you are paying. Hardly anywhere will accept a third party check because of the high risk of fraud. ---- If somebody gives you a check, and you turn it over and write "pay to the order of ____" in order to give it to a third party, that makes it a third party check. An example would be using your paycheck to pay for your groceries.
Where can you get a fuse or wiring diagram for 1997 Toyota Camry LE?
Check your local public library for 3rd party maintenance books.
How do you get unlimited rubux on roblox?
I think you have to hack or somethin.Go earn em. Lol
Is cash cash a gay band?
yes 2 of them are boyfriends since 3rd grade
Is using 3rd party games from vmtouch.com legal I'm getting an lg rumor touch for virgin mobile and id like to get all of those games but not if it is illegal to get thanks?
I'm pretty sure if its free its illegal lol. I might as well buy the games
Can you deposit someone elses income tax check into my bank acct?
No. you cannot do that. A check can be deposited only into the account of the person to whom the check is issued as payee. If you try to do this, it will be considered an illegal activity and you can be jailed for forgery. However, if you have a power of attorney from the other person to whom the check is issued, then you can do it. A check is a negotiable instrument. You obviously cannot just take it from who was to receive it and deposit it. That is criminal. However, the person/company to who it was made out may endorse it (either fully opne so anyone can do with it what they want) or specifically (as in too someone or place), and then it can be further negotiated. That is frequently calleda 3rd party check....and it is not uncommon that a check will end up with many endorsements (and be a many party check) as it moves through the banking system.
What political party was originally a 3rd party?
The Whig party. (Not the wig party! The Whig party!) ~Guardiavoir
What are Virginia's cash crops?
Soybeans are now the cash crop.Tobacco ranks 3rd but once was the cash crop in VA for over 200 years.
Motorcycle third party only stolen from house n Ireland is anybody responable?
If you only had 3rd party insurance then you cant claim. Usually the minimum level of insurance is 3rd party, fire and theft....best bet is to ring your insurance company and double check what your plan is, also file a report with the gardaí, its possible they can recover the motorbike.
