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  #1  
Old November 23rd, 2004, 04:34 PM
Rik Rik is offline
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Can I cashout My Cheque in USA?

Hello guys,

My friend lives in Singapore. And he got his September Cheque($170).

Interestingly .. My name and his name is same.

He wants me to send the cheque to me and want me to cashout out the Cheque in any bank of USA.

Can I really cashout his cheque in USA though it is sent to Singapore. *I'm little nob abt the chq thingie "sigh" *

Hope few of u let me know and confirm me abt it.

Sorry for my bad english. :S

Thanks
- Rik

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Old November 23rd, 2004, 08:14 PM
Rik Rik is offline
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Well, I just dont wanna do any illegal things, and must not be Bank stuff..

But just curious, I can do it .. right? does it matter to which address the chrque is sent?

Coz i think, in the cheque, they don't put the postal address or country... am I right ?

Correct me if i'm wrong! ..

- Rik

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Old December 21st, 2004, 12:07 AM
muthuis muthuis is offline
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Quote:
Originally Posted by gchaney
As I said Rik, doesn't matter what the address is. If the check is not intended for you and you sign it and cash it, you've committed check fraud.


You friend can endorse the check over to you and you can deposit the check this way. Typically your bank will put not less than a 10 day hold. This is the legal way to do this and the only way. His signiture, not yours.

Cheers
So can I encash a cheque even from a different country(intended for me and drawn on my name). Singapore banks charge more than 15-20 USD for completing a cheque deposit. Indian banks do not charge that much.

Is this legal??

Muthu

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