My bank told me to send check to person for endorsement and have the person send a copy of license to verify signature. When I deposited it was acceptable, the next day I got a call saying that it was rejected. Why did this happen?
http://www.helpwithmybank.gov/faqs/banking_check_cashing.html offers information on the regulations of, and laws behind check cashing.
Ace check cashing is located in 30+ different states. Is there a specific state you are looking for? It will help your search if a direct location is stated.
The statute of limitations for cashing an uncashed check varies by state, but it is typically around 3-6 years. After this time period, the check may no longer be valid and the funds may be turned over to the state as unclaimed property.
There is a Connecticut State Check Cashing Service at 164 Boston Avenue in Bridgeport, Connecticut. Their phone number is (203) 382-9670.
once in another state do i have to have a payee
A check cashing fee is a fee that the bank will charge you when you deposit a check issued by a customer of another bank into your bank account. This fee is charged only if: a. The check that is deposited is an outstation check (Not from the same city/state where you have the bank account) b. The check that is deposited is an International check (From a different country and/or in foreign currency) In cases where the checks are issued by other banks in the same city/state or by a different branch of the same bank, banks do not charge any fee for cashing checks.
No, typically you cannot cash a check using only a passport as identification. Most banks and check cashing places require additional forms of identification, such as a driver's license or state ID, to verify your identity before cashing a check.
That would depend upon which state you live in. Please restate your question with the name of the state you are referring to.
The state in which you have a bank account. Most banks don't charge account-holders for cashing checks. Other than that, I don't know of any state that has a (frankly, stupid) law saying that no one is allowed to charge a fee for cashing a check of any particular type.
Your business needs to be registered in a state and you need to use your registration documents to open a business checking account. Banks do not cash checks made payable to a business because they have no way of knowing if you really have the authority to be cashing the check, ie if you own the business.
To cash an out-of-state check, you can typically visit the bank that issued the check or a check-cashing store. You may need to provide identification and may be charged a fee for the service. It's a good idea to call ahead to confirm their policies.
You can cash a check from State Street Bank at any of their branch locations. Additionally, many major banks and credit unions may also cash checks from State Street Bank, although they might charge a fee or require you to have an account with them. Some retail stores, like supermarkets or check-cashing services, may also offer this service. Always check for identification requirements and any associated fees before cashing the check.