Personal Finance & Money Stack Exchange
Personal Finance & Money Stack Exchange

Questions tagged [check]

for questions related to a Check [spelled as Cheque in Asia, UK, and Canada] as a bank instrument to withdraw money.

for questions related to a Check [spelled as Cheque in Asia, UK, and Canada] as a bank instrument to withdraw money.

A check ( or cheque) is a document that orders a payment of money from a bank account.

http://en.wikipedia.org/wiki/Cheque

Checks are common for large transactions where cash is not appropriate and credit is not sufficient.

Questions tagged with check should be about the laws, rules, regulations or safety of using a check for the payment method.

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How do people know if there are sufficient funds available when accepting payment by check?

I don't know a lot about paper checks because I have never seen one, and I don't live in America. Suppose person A gives person B a check for $100,000 in payment for something in a shop. How can B be sure that A has enough money in the bank account…
Artem
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Rent cheque was stolen from landlord - am I obligated to pay again?

I live in Quebec, and my rent cheque was stolen from my landlord as they travelled to the bank to deposit it. They've asked me to stop payment on the cheque, and provide them with a new one. The stolen cheque was not cashed, but I stopped payment,…
lrey
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Do Americans really use checks that often?

That might sound a bit silly to people from USA but is it really that common to use checks in America? I am from Austria and here (Austria, Germany, Switzerland) checks play practically no role in daily life. I haven't actually held a single check…
Plankalkül
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Counterfeit checks were created for my account. How does this type of fraud work?

Two days ago, first thing in the morning I updated my quicken accounts and saw that my primary checking account had two unidentified checks totaling several thousand dollars, wiping out the account and generating penalties, etc. I immediately went…
EdStevens
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Can't the account information on my checks be easily used for fraud?

My Bank of America checks contain my routing & account number, which I've used in the past to make purchases online, among other things. Anyone whom I pay with a check has this information. It seems like this account info is even more sensitive than…
RexE
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What is the purpose of endorsing a check?

Why do you need to sign a check on the back when you deposit it to your account?
Vitalik
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In the US, is it normal to not include an electronic way to pay rent?

A property manager requires rent to be paid using check. Is it normal that rent cannot be paid using electronic methods such as a credit/debit card, or a bank transfer, or Paypal, or anything electronic? Can checks be obtained without going into a…
det
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To what extent is it worthwhile to report check fraud / refund scams?

I listed a car for sale on behalf of a 90 year old, and attracted scammers. One has now sent me a "check" for $4000, for a $1500 car purchase. I'm supposed to deposit the check, then pay the tow truck driver in gift cards. Yeah, right. The check's…
Bryce
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Can I claim only part of the full amount of a check?

I received a long awaited check today (USA) written for $X. For complicated reasons (we had some dispute about how much was owed for what), I only want to accept $Y from this person for this service, where Y < X. In other words, I want less money…
Partial Fraction
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Accidentally cashed a check twice

I got a loan from a company, it was a paper check that i had received the check in April. I found the check today, un-signed, no void notes. I figured I hadn’t cashed it in considering it wasn’t even signed. So I took it into a "Check into Cash" and…
bbscutt
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Insurance company sent me huge check instead of pharmacy. Now what?

I received a $20,000 check from my insurance company that was supposed to go to my specialty pharmacy. It's made out to me. Since it was obviously a mistake, I called the pharmacy, and they said to sign it over to them and mail it. However, since…
aryxus
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How to safely destroy (a large quantity of) valid checks?

A while ago I had my bank issue me new checks due to a change of name (I got married). However I still have many hundreds of checks with the out of date info (they're an online bank and issue about 1000 checks at once, and I have several accounts…
Vality
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Are purchase orders obsolete, or do they have some benefit over credit cards?

I just learned of Purchase Orders, which sound like they are used for purchasing expensive things in B2B. For example, if you wanted to purchase a large factory machine for several $k: I have only ever really used a credit card (and checks and…
Lance Pollard
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How does this scam work where a potential employer emails me the scan of a check to deposit?

Two weeks ago, my husband lost his job. We NEED money and I used to edit and proofread before my son was born. I put my resume on Indeed and was contacted by a law office in California. After my interview, the hiring manager (or whatever you call…
Beth Price Almeida
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How can I deal with a legitimate check received that is made out to my deceased wife's name?

My wife passed away on the 17th of November 2022. I just sold her car to Carvana. When I got home I noticed the check was made out to my wife ($4,000). We did not have a joint bank account. I do my banking with Chime. How do I handle this?
Tony Piotrowski
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