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[Amps] Re: Bounced cashiers checks

To: amps@contesting.com
Subject: [Amps] Re: Bounced cashiers checks
From: KJØM <kj0m@mchsi.com>
Date: Sat, 30 Aug 2003 11:39:34 -0500
List-post: <mailto:amps@contesting.com>
On Friday, 29 August 2003, Brian Carling wrote:



Interesting - thanks for the warning!

If the bank accepts it as "good" and gives you CASH for it, wouldn't that leave
THEM holding the bag so to speak?


Nope. They won't give you cash for it unless you have an account with them from which they can draw the funds in the event that the check comes back insufficient funds. The bank will always have recourse to get the money back from you or they won't cash the check in the first place. At least that's the way it works at the bank I'm at.


--


73,

de KJ0M
Jim
._._.
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