Mobile check deposit allows you to take a picture of a check —often until late into the evening for a same-day deposit. The lien has actually been recently paid off.
They don't really know you probably and they don't know your dad apparently. Before leaving the house to cash any type of third-party check, call in advance to make sure they will cash your check.
Remember that not every bank or credit union will cash your checks. US Bank, may be erroneous.
I wish I read this article before I wasted my time driving around to be told go to this or that check cashing down the street.
Some financial institutions will accept a third-party check for deposit, but not give you cash when you cash the check, only releasing the funds after several days. Hi, Was wondering, if one gets a check from a business payable to his business, and then wants to give it to my business, is that all the same?
Hi there! How can we cash the check so we can get the ball rolling on getting our car fixed? This article is all about third party check cashing.
Both parties must be present. I think it's likely that the funds will be placed in his account officially , but with a hold on them.
It's not that urgent, and I don't think I'm really willing to lose money, either. If you sneak a third party check under WaMu's nose, to them you are sneaking in a liability. The university will just get this amount back for his next semester; Issuing a refund to just him rather than both of us joint account pays the tab!
Hi, so my brother received a check which he claimed from his insurance company due to his past car accident. Hi Tara, Sorry to hear about all the trouble that you had with your third party check at Bank of America!
Later, your bank actually processes the check and tries to collect money for it.
Banks are essentially giving your money to somebody else when you use this approach. With a third-party check, the original payee signs over the check to a third person, allowing the third party to cash the check. It would have been fine had I also endorsed the check, but since I hadn't the check was sent through the US postal service from the depository since according to BofA it wasn't eligible to be deposited in my account.