2006-07-19 08:16:08 · 11 answers · asked by motherof3 2 in Business & Finance ➔ Personal Finance
No, because your bank will charge you a hefty fee for the bounced check probably.
2006-07-19 08:19:43 · answer #1 · answered by Larry 6 · 0⤊ 0⤋
If someone sent you a check in the mail and you knew it was probably going to bounce, call the bank first to see if the funds are available before you cash it. therefore they won't be charged a fee for insufficient funds and neither you. WOW! What a friend! Tell them you want cash only next time...lol
2006-07-19 15:22:36 · answer #2 · answered by RG 2 · 0⤊ 0⤋
If it bounces you will pay a fee. However this is a crime and you can sue in small claims court for the fee plus treble damges.(3X the amount of the check) And you can file charges against the person writing the check.
If it is written on a closed account that is fraud.
Or if possible take it to the bank where the account is. If they don't cash it no fee to pay. You can still sue.
2006-07-19 15:21:36 · answer #3 · answered by Anonymous · 0⤊ 0⤋
No, I wouldn't. The bank would take the money out of your account and then charge you a huge fee for depositing an NSF cheque. If you relied on the cheque to pay bills and wrote cheques, they would bounce and you would get more charges. Also, your credit rating would be effected. Best thing to do is take the cheque to the bank and get it certified. Granted it will cost a couple of dollars but it is heck of a lot safer.
2006-07-19 15:30:36 · answer #4 · answered by older woman 5 · 0⤊ 0⤋
What type of check is it? Who is it from? If it's a check for like 2985.00 Do not Cash it for anything. If it came with a letter dont do it. It's a scam. Most are anyway. If its from Metropolitan Sweepstakes call the fbi and let them know what you received. It's a scam!
2006-07-19 15:20:57 · answer #5 · answered by Bella Trinity 1 · 0⤊ 0⤋
If it's going to bounce, YOU will incur fees! That is, it will cost you if it bounces. You *can* check (with the bank) to "confirm funds" before cashing... and ask if you won't incur fees... if they do, in fact "confirm funds". If they let you off the hook... then cash it!!
2006-07-19 15:20:41 · answer #6 · answered by Mark P 2 · 0⤊ 0⤋
No. You bank will charge you for checks you deposit that bounce. It's like an evil double whammy: not only do you not get the money from the check, you get charged for not getting it.
2006-07-19 15:20:27 · answer #7 · answered by theobromo77 4 · 0⤊ 0⤋
dont cash it, take it to your bank and tell them that your not really sure about the source and you want to see if it clears, or better yet take it to the origanating bank they can tell if thiers funds in the account.
2006-07-19 15:20:37 · answer #8 · answered by matt83840 5 · 0⤊ 0⤋
yes
2006-07-19 15:20:44 · answer #9 · answered by hasan05842 3 · 0⤊ 0⤋
No
2006-07-19 15:20:52 · answer #10 · answered by Anonymous · 0⤊ 0⤋