Hi is there any problem if we send a canceled check for payment in the bank. Actually i have not received my reissue check but received previous check. Just i want to check. Should i drop it in the bank or not.
if its cancelled then whats the use of depositing it in the bank. Mind you, some banks fine you for trying to clear a cancelled check.
No, you cannot put a canceled check into your account. It would be likely to cause you to wind up with a negative balance real quick. Just wait fo the reissued check.