write check to me or cash?

Question

i have 2 bank accounts one is a credit union the other is a bank of america. the bank of america is a checking account. the credit union is a savings. i want to withdraw money from my bank of america account but there are no bof in michigan. so instead of a wire transfer that costs i was going to write myself a check.

do i write the check to me or to cash

is there any difference? if i write the check to myslef they will hold it till it clears they will hold it if i write the check to cash to right? if someone do find it i dont want them to be able to cash it without me catching it

Answer 1

write the check to yourself

Answer 2

Writing a check to yourself is best. Even if you write it to cash, most banks or credit unions will require you to endorse the bank when you deposit it. As someone else said, a check made to 'Cash' is a bearer instrument and can be cashed by whoever has physical possession of the check.

Answer 3

This is a very common transaction. I advise my customers to write the check to themselves since any check that is lost dropped or stolen made out to CASH is payable to whomever finds the document.

P.S. Don't forget to endorse the back too.

Answer 4

Write yourself a check

Answer 5

In Israel - better to write to yourself.
than to deposit it.
sending it - here is better to cross it.
can you do it by the internet?
here we can...
it cost money - but it safer than by mail.
but i saw they have in michigan!!!
look their site and ask them!
unless the city is too big.

Answer 6

Cant you just use your debit card at any old debit machine? Itll only cost you 1.50$?