How can social security checks be cashed?
I understand the only stupid question is the one not asked. When I see such questions I wonder if it is true.1. Cash it at your bank, If you do not have a bank account try using a friends.2. Use one of the hundreds of thousands of Check Cashing services located in most every strip mall in the US. But they will take a big chunk as a fee3. Be smart and have Social Security direct deposit it to a financial institution it will be there safe & secure. No need to wait for the postal worker to deliver it. They usually post in the account at between 10:00 pm and midnight the day before it is due, if that day happens to be a holiday or weekend it is posted the day before. Most major banks have free accounts with a direct deposit, they will help you set it up.4. If there is a reason you cannot open a bank or credit union account Western Union can be of help. they will set up a direct deposit for you, I am not certain if they charge a fee or not. as I recall it was a small fee, like $7.00 when I used them many years ago.
How serious a crime is it to cash someone else's check?
It’s several very serious crimes and depending on the circumstances could land you in jail for quite some time. Theft, forgery, identity theft, conversion, are a few crimes I could name. It could also involve additional charges if for example, it was stolen out of the mail.I know someone who actually did this and did go to jail. He and a pal worked in the mailroom of a company and his pal convinced this somewhat slow-witted man that it would be easy to simply steal money orders out of the mailroom.Of course, when people’s bills weren’t paid and merchandise wasn’t sent they went back to the bank for proof of payment and were easily able to establish where the money was stolen and by whom.The man got two years in prison, had to pay back every dime, and had court costs as well. So, he lost two years of his life, damaged his ability to earn money in the future, and received nothing for his trouble but bills. Not only did he have to pay the funds back, but he had to pay back several times what he stole.
How do I open a zero balance account in ICICI bank?
You can open zero balance account in any bank of your choice .A ) It will be a saving account & the type will be "Basic Savings Bank Account" or BSBDA ( Basic Saving Bank Deposit Account ).B) You don’t have to keep any minimum Monthly Average Balance (MAB) with our Basic Savings Bank Account – it’s a zero balance saving account.C) You pay no charges on your ICICI ( or any bank ) Bank Visa debit card.D) You pay no charges on Internet Banking E) You pay no charges on cash deposit transactions at base branch (Branch where the account is opened).F) You get to make four (limited for such account ) free transactions every month at your base branch, thereafter, a small charge is levied on each transaction.G) Interest is payable half yearly.H) You are heartily welcomed by every bank for it .Thanks !
How does Western Union cash checks?
I’m going to assume you’re asking this from a consumer standpoint and not form a corperate level (as in there checks aren’t cashed, they’re deposited into the banks).To answer your quesiton, Western Union the company does not cash checks.You may be confusing Western Union the company with the stores that offer Western Union services (aka Western Union locations). Like Jeroen here has already said, “Funds are paid out in cash, although if payment exceeds a local maximum or cash on hand, a check is issued.” The check that is issued has nothing to do with the location and comes directly from the company.I assume what you are thinking of are the Western Union locations. Most of these places are financial service centers—or the like—that already cash checks as part of the business.These locations do not use Western Union to cash checks, but rather use their own systems and procedures for that.Again, cashing checks has nothing to do with western union and everythign to do with the actual store itself. If you are trying to get a check cashed, I strongly suggest you try to look up “check cashers” in your area whether they be local (like Cash Depot and other small businesses) or across the nation (like ACE or Walmart).
Can a different bank cheque be withdrawn at another bank?
If you are asking whether a cheque of Bank A can be withdrawn across the counter at Bank B, then the answer is no.If you have an account with Bank B, then you will have to deposit the cheque for collection in your Bank B account. Bank B will then send the cheque to Bank A for collection.Bank A on receiving the cheque will validate the cheque and check if there is enough balance in the account of the cheque issuer. If the cheque is valid and if there is enough balance, then Bank A will debit the cheque issuer’s account and transfer the amount to Bank B.Bank B will then credit (deposit) the cheque amount in your account with Bank B. Then you may withdraw the money from your Bank B account.
Do grocery stores verify checks before accepting a check and if so how?
Major retailers,grocery stores included, tend to verify checks electronically. If being used to make a purchase, the retailer will run the check through a check reader. This sends data on the account to a company that verifies the person whose account it is doesn’t have a history of bad checks etc. If it is the first time a customer is cashing a check with that business, they then also capture the person’s identification, usually via a driver’s license or state ID. They tie that person’s ID (which links to their name and address) to the purchase. If customer will usually have to agree to “terms and conditions” which revolve around what happens if the check bounces (usually recovery of the funds plus and additional penalty) collected from their account, on top of any penalties imposed by the bank. If the customer’s ID doesn’t make the name of the account holder on the check, they will not accept it as payment.
Can we deposit a PNB cheque at other branches of PNB?
Can you be little bit more specific about the question? Like is it your cheque or given to you by someone. If it's your cheque you can deposit at any branch of PNB and can withdraw money(upo certain specified limit currently being 500k) from your account but if your are payee than you can deposit it only in branch where you have your account otherwise it may not be honoured as both accounts are intersol(i.e., both accounts are of other branch). In that case (remote Sol) there are two conditions that needs to be satisfied1) account to be debited through cheque has active alerts(SMS ALERTS are active)2) Maximum withdraw per day(intersol) doesn't exceed 50k for SB account and 100k for cc/ca.SB: Savings Bank AccountCC :Cash Credit AccountCA :Current Account.These are guidelines for withdrawing cash from account .In case of transfer(within PNB) the current maximum limits are :SB :100k per dayCC/CA :200k per day.ThanksHope it will help the Readers.
Can I purchase airline tickets with cash at the airport?
You can pay in cash but the odds are you will have to pay much or you will not get a seat. Go to the bank and open an account if you do not have one. If You open a checking account they will assign you a checking account number which you will be able to use to book in most cases. Many banks will issue you a temporary debit card..... it is all in the asking. Or have a relative book it and you promise to pay them. Have your ducks in line and a little kiss butt would be helpful.
Can you deposit a check for someone else?
Yes, if they endorse their check and you know what account to deposit it into. (Have them write the account number on the back of the check.). This commonly happens with married couples, families, or an elderly person and their caregiver. My dad used to regularly deposit my paychecks, even though my dad wasn't listed as a member on my account. If you deposit the check into someone's account on behalf of that person, the bank should give you a receipt but they should also black-out the account balance. You need proof that you did as requested (hence them giving you a receipt), but that doesn't mean you deserve access to how many dollars are in your friend's account. About 20% of the time the bank messes up on this, and leaves the bank balance showing._____________You CANNOT deposit a check into your account that was written for someone else. That is check fraud. If your name isn't on the check, don't sign the check, and don't put it in your account. Simple enough.
Can someone deposit my checks on his account?
A cheque can only be cashed into the account whose name is on the cheque. Basically anyone can deposit a cheque in your name into your account but a cheque in the name of someone else could not be paid into your account. If a cheque is placed into an account of someone with the same name, the actual intended receiver of the cheque will notify the payer who will then contact their bank to enquire whether the cheque was cashed and where it was cashed. The receiving bank will then reimburse the payer, the receiving bank will then contact the person who cashed the cheque to advise them it was not theirs to cash and they will then give a notice period (usually 21 days) in order for that person to pay them back if in the instance they had spent the proceeds of the unintended cheque.