Bank check, I need in your help.

Discussion in 'Payment Processing' started by nick2007, Oct 13, 2008.

  1. #1
    One person had sent me a check one of British banks, but I couldn't cash the check becuase stupid banks of my home city don't work with that British bank.
    My question; can the sender of the check to get back his money, if i return him his check?
     
    nick2007, Oct 13, 2008 IP
  2. amazingserviceprovider

    amazingserviceprovider Peon

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    #2
    Do you mean, that Can he cancel cheques. Am i right?
     
    amazingserviceprovider, Oct 13, 2008 IP
  3. nick2007

    nick2007 Well-Known Member

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    #3
    Yeah, you're right.
     
    nick2007, Oct 13, 2008 IP
  4. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #4
    Check amount only getting deducted from your senders bank account if you deposite that check in your bank account otherwise funds remain in senders bank account.

    DON.
     
    deluxdon, Oct 13, 2008 IP
  5. nick2007

    nick2007 Well-Known Member

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    #5
    Thank you. Does that mean the sender won't lose his money
     
    nick2007, Oct 13, 2008 IP
  6. www.buxincome.com

    www.buxincome.com Guest

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    #6
    He has the money until you deposit/cash it. Rip the cheque up and/or just get him to cancel it.
     
    www.buxincome.com, Oct 13, 2008 IP
  7. nick2007

    nick2007 Well-Known Member

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    #7
    I understood. Thanks.
     
    nick2007, Oct 13, 2008 IP
  8. loverdp

    loverdp Well-Known Member

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    #8
    He will not lose any kind of money until you cash it.
     
    loverdp, Oct 13, 2008 IP
  9. phyza

    phyza Well-Known Member

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    #9
    Just ask your sender to cancel the cheque ... His money is secure until you deposit the cheque so you don't have to worry about it as its remain there in his bank account until you deposit it
     
    phyza, Oct 13, 2008 IP
  10. olddocks

    olddocks Notable Member

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    #10
    Until your bank cashes the check, the senders money wont be debited and would still be in the bank. Most checks valid for 6 months and then expires! The payers money wont be touched until you deposit the check in your bank!
     
    olddocks, Oct 13, 2008 IP