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Do I write pay to the order of (3rd Party) under my signature? I learned this in business law last term but I cannot remember if this is correct. I live in the state of Louisiana.

2006-10-24 09:47:57 · 3 answers · asked by Hazel 3 in Business & Finance Personal Finance

3 answers

Endorse the check "pay to the order of 3td party name" and then sign below.

2006-10-24 09:55:52 · answer #1 · answered by Anonymous · 0 0

Your superb wager is to take it to the top cashier of a close-by economic corporation and ask them to transform it to an digital verify to be cashed. they might desire to do it, yet anticipate them to cost a fee considering you at the instant are not an account holder. in the event that they gained't try this, then ask them to submit it as a sequence merchandise. they gained't provide you the money till the economic corporation on which the verify is issued sends it to them. So make valuable they have a working telephone quantity to call whilst the money arrives. there is no longer something unlawful approximately having a pal or roommate money it for you yet i does no longer do it. For one concern, the chum will might desire to have already got $2,590 interior the economic corporation and that they gained't be waiting to apply any of that money till the verify is paid by way of the economic corporation on the different end ~ in lots of cases as much as ten days. And if the verify bounces, then the economic corporation will take no longer basically the money out of your chum's account, yet additionally some rather stiff decrease back verify and overdraft costs (greater effective than $a hundred for some banks). In my section, there's a economic corporation that provides you $a hundred for beginning a clean account. So why no longer use the verify to open a clean account, take despite the fact that freebies the economic corporation is offering to new purchasers, and then look ahead to the verify to sparkling. whilst it does, you are able to money one among your own exams and take as lots money out as you prefer. yet once you're taking all of it, anticipate them to take lower back their unfastened present.

2016-11-25 02:37:00 · answer #2 · answered by baksi 3 · 0 0

Most banks will not cash or handle a third party check.

2006-10-24 10:05:16 · answer #3 · answered by educated guess 5 · 0 0

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