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I don't think so, however if it is bad good luck getting it cashed especially if it is a personal check because banks check to see if the funds are available before cashing it; if not they will usually return the check to you and you either have to take that person to court to get your money or wait. And don't think about running to a different bank around the corner to cash it because banks will tell you to go to the same bank as printed on the check so they can verify fund availability.
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Who is responsible for a bounce check the person who cash the chech or the person who wrote it?
Definitely the person who wrote it.
Who is likely responsible for petty cash?
An Accountant or Accounts clerk is typically responsible for Petty Cash,
What does ATM custodian mean?
a person responsible for loading cash into the atm, and also check the that notes are not torn damaged or dirty.
Do you have to replace a check if the creditor did not cash it in 90 days?
Legally - No. Ethically - Yes. Once you issue a check, the receiver of the check is responsible for cashing it on time. If they fail to cash it within the 90 day mark and the check expires, legally you are not bound to replace the check. However, from a goodwill and ethical perspective, you must replace the check if the receiver missed cashing the check due to a legitimate reason.
What does it mean when the bank account in the cash book has a credit balance?
That doesnt happen often, but its when you send a bad check. Because cash account is an asset and carry debit balance
What is the reason to never write a check with cash in the pay to order of line?
It is not a good idea to write a check with "Cash" as the payee because if you or the payee lose the check, anyone could pick it up and cash it, and the bank would not be responsible for the lost funds, since making a check payable to "Cash" essentially allows anyone holding the check to cash it.
Cash out on a car insurance claim. the check is a 2 party check with the lienholder?
I did! Take it to the bank. If they cash it, good! If not too bad. The worst they can do is say no!!
What happens if your landlord misplaces your rent payment are you still responsible to pay them?
Check, yes. Cash, no.
Who is responsible for a bounce check the person who cash the chech or the person who wrote it?
Definitely the person who wrote it.
How can one get a cash loan with bad credit?
One with bad credit may get a cash loan from Cash One. They offer services such as payday loans and do not do a credit check for their customers. Same day loans are available.
How do you cash a check someone wrote me but what if the check bounces?
The bank will hold you responsible for the bounced check. But you can sue the person who wrote you the check that bounced for the check amount and for the resulting penalties and your court costs.
What does custodian mean?
a person responsible for loading cash into the atm, and also check the that notes are not torn damaged or dirty.
If check cashed at check cashing service is returned who is responsible?
The payee (person who received the money from the check cashing service) is responsible to the check cashing service for the bad check. They must repay the money and any fees associated with the check return. However, the maker (person who wrote the check originally) is responsible to the payee for providing an alternate form of payment for the amount of the check, and may also be liable for any fees associated with the check's return that the payee had to pay to the check cashing service. So, in short: The person who received the money from the check cashing service repays the service The person who originally issued/wrote the bad check is still responsible for paying the person to whom he gave the bad check.
Who is likely responsible for petty cash?
An Accountant or Accounts clerk is typically responsible for Petty Cash,
What does ATM custodian mean?
a person responsible for loading cash into the atm, and also check the that notes are not torn damaged or dirty.
When one person writes another person a bad check?
If a person writes another person a bad check, they could face jail time. You should let the person know as soon as possible about the bad check so they will not try to cash it.
How can you cash a check without an ID?
you can not cash a check
