i have been given a check but just noticed its made out to "cash". can i deposit it in my bank account or do i need to go to his bank to cash it?
2006-12-21 03:12:18 · 0 answers · asked by Philly G 2 in Business & Finance ➔ Personal Finance
It can be deposited in your account. Anyone who endorses it can cash or deposit it, so be careful with it. You can also take it to the bank it is drawn on to cash it. Your bank may also cash it, depending on the status of your account with them, and the size of the check.
2006-12-21 03:18:31 · answer #1 · answered by Momma Jo 6 · 2⤊ 0⤋
Do it either way, depending on how you feel about the payor.
Do you trust that the check is good? Deposit it.
Might the check be no good, or is it from a stranger? Bring it directly to his/her bank and cash it there, if possible.
Cash is always king!
2006-12-21 03:18:30 · answer #2 · answered by gr8 3 · 0⤊ 0⤋
The check is yours - deposit at your bank. Sometimes if someone doesn't know who will cash it, they write "CASH"... that means that anyone can cash it... but beware - if you lose it, whoever finds it can do the same thing. At that point there really isn't a way to tell who cashed it and you will lose out on your money.
2006-12-21 03:43:52 · answer #3 · answered by Jared L 4 · 0⤊ 0⤋
You can try to cash it at your own bank but you might want to go to the bank that the check was written on. If they give you a hard time, just sign the back and write "for deposit only" and put it in your acct. through the ATM. I find I have less trouble that way.
2006-12-21 03:19:35 · answer #4 · answered by SUSAN K 3 · 2⤊ 0⤋
Yes, you can cash it at your bank. Just make sure you endorse the back of it right away. If it's lost, anyone can cash it.
2006-12-21 04:30:34 · answer #5 · answered by Anonymous · 0⤊ 0⤋
i believe you can still cash it just endorse it on the back and put your account # on the back as well but if I were you just to be safe, I would DEPOSIT the check and not just cash it
2006-12-21 03:49:52 · answer #6 · answered by Mark 6 · 0⤊ 0⤋
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2014-09-25 02:43:57 · answer #7 · answered by Anonymous · 0⤊ 1⤋
Do not lose it you can deposit into your acct or cash it at his bank.
2006-12-21 04:40:46 · answer #8 · answered by Isabella789 4 · 0⤊ 0⤋
Just go to the bank and tell the teller your situation they will be glad to help you.
2006-12-21 03:19:48 · answer #9 · answered by maria fkun 4 · 0⤊ 1⤋
Deposit at your own bank.
2006-12-21 03:15:02 · answer #10 · answered by Anonymous · 0⤊ 0⤋