Monday, November 16, 2009

When someone writes a check out to Cash, how does it work exactly?

Can anyone that possesses the check simply take it to a bank and withdraw that amount of money from that persons checking account? Basically is a check written out to cash equivalent to cash?





Also, what will a bank teller do specifically when presented with a check written out to cash? Is any ID necessary?

When someone writes a check out to Cash, how does it work exactly?
Anyone who signs the back of the check can cash it. Almost all financial institutions will ask for ID, and will also probably make a photocopy of it while you wait for the check to be cashed. You'll have to go to the financial institution from where the check is issued to cash it. You may also be charged a fee to cash the check. Laws vary from state to state.
Reply:Anyone can cash it. You have to sign the back and probobly show ID depending on where you cash it.
Reply:Do surveys make some money it's easy, simple as that, here's the link:





http://www.cashlagoon.com/?ref=9493
Reply:Anyone can cash it.


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