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No, cashier's check is a guarantee funds by the issuer bank and must have a guarantee payee. Never payable to cash.
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Can you cash a cashiers check that you made payable to someone else?
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When a cashiers check is obtained from the bank does it need to be signed?
Yes, a cashiers check is signed by an authorized representative of the bank. Then the person the check is made payable to will have to endorse the back of it, just as is done on any other type of check.
Can I cash a cashier's check made payable to another name?
No. It is illegal. Only the person on whose name the check is issued can cash it. If the person to whom the check is issued is dead and you are the legal heir of the beneficiary then you can cash it. In all other cases - NO.
How do you cash a 2 party check?
If a cheque is made payable to two people, then both must endorse it (i.e., sign the back).
Can you open an account with a check made payable to anothr person?
No. Firstly you cannot cash a check made out to another person and it is a crime. Secondly, if you want to open an account in your name, you can use only cash or a check that is payable in your name i.e., the name of the account holder. If you try to use the other persons check, the bank may politely refuse you or in worst case raise a complaint against you for forgery with the cops.
Can you cash a cashiers check that you made payable to someone else?
RECEIVABLE
Is a check made payable to cash negotiable?
Yes, a check made payable to cash can be negotiated by whoever holds the item.
Can you cash a check at Wells Fargo if you are not a member I received a check from a company made out to me that says payable through Wells Fargo Bank Does this mean I can cash it if not a member?
I received a cashiers check from a bank that was payable thru Wachovia. I took the check to a Wells Fargo and they stated that the check was deposit only. So I opened an account and the funds were available the next day, which was a Saturday.
When a cashiers check is obtained from the bank does it need to be signed?
Yes, a cashiers check is signed by an authorized representative of the bank. Then the person the check is made payable to will have to endorse the back of it, just as is done on any other type of check.
Can you cash a cashiers check if the remitters name has been omitted?
I want to have a cashiers check made out without the remitters name on it. Can I?
Can I cash a cashier's check made payable to another name?
No. It is illegal. Only the person on whose name the check is issued can cash it. If the person to whom the check is issued is dead and you are the legal heir of the beneficiary then you can cash it. In all other cases - NO.
How do you cash a 2 party check?
If a cheque is made payable to two people, then both must endorse it (i.e., sign the back).
Can you open an account with a check made payable to anothr person?
No. Firstly you cannot cash a check made out to another person and it is a crime. Secondly, if you want to open an account in your name, you can use only cash or a check that is payable in your name i.e., the name of the account holder. If you try to use the other persons check, the bank may politely refuse you or in worst case raise a complaint against you for forgery with the cops.
What is the journal entry to made a down payment of cash and issued note payable?
cash book
What is a kind of check guaranteed by a bank?
While personal checks and money orders are not guarranteed by banks, a cashiers check is. A cashiers check is written by a financial institution/bank on its own funds. The check is then signed by a representative of the financial institution/bank and made payable to a third-party. A cashier's check is secured, with the funds being guaranteed, because the amount of the check must first be deposited by the individual into the issuing institution's own account. The person or business to whom the check is made out will receive the funds no matter what.
When giving a cash donation for a friends death who should the check be made payable to the widower or the step children?
The widower. Unless, of course, they killed your friend.
Is it legal to cash a check made payable to a business?
Yes, as long as you are cashing the check on behalf of the business (as a legal representative of the business) or if you are depositing the check into the account held by the business you can legally cash the check. No - of you are not a representative of the business or if you are trying to deposit it into an account that doesn't belong to the business.
