Thursday, December 15, 2011

How do go about in cashing check made payable to cash?

I received a check from a friend for money they had owed but they made it payable to cash. Do I cash it like I would any other check that was made payable to me?|||A check made out to cash is "bearer paper" it can be cashed by anyone who holds it. An equivalent bearer check is, "Pay to the order of a happy birthday" written on the front, or, "Pay to the order of Congratulations on graduating." Your check is the same as cash, so to prevent theft while waiting to cash the check, sign the back, "Pay to the order of (your name)". You will then have to produce identification to cash the check as it is now an "order instrument" cashable (or assignable) only by you. You do not have to go to any particular bank, even if your name isn't "cash". As for depositing it to your account, just sign the check (your name) and deposit it as you would any other check"! !|||Yes. That kind of check could be cashed by anyone.


If you can, I suggest taking it to his bank.|||Yeah, you might have to go to their bank. Your corner gas station might not want to take it.|||Your friend has to take it to their bank and cash it. You cannot deposit the check made payable to "Cash" unless your name is Cash.

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