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#644027 - 11/29/06 05:08 PM Returning a check for missing indorsement
Bobw Offline
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Bobw
Joined: Nov 2006
Posts: 336
New England
How long does a FI have to return a check for a missing indorsement? We have a FI telling us that we cashed a check with a missing indorsement of one of the payee's from over 11 mos ago and wants us to make it good? Is it too long??

Thanks
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just my opinion, based on my 30+ years

GO RED SOX!!!

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#644470 - 11/29/06 10:17 PM Re: Returning a check for missing indorsement Bobw
John Burnett Offline
10K Club
John Burnett
Joined: Oct 2000
Posts: 40,086
Cape Cod
Bob -- A suggestion. Please post your question only once unless you get no responses. Your other attempt seems to have garnered at least one response.
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John S. Burnett
BankersOnline.com
Fighting for Compliance since 1976
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#644619 - 11/30/06 02:11 PM Re: Returning a check for missing indorsement Bobw
Bobw Offline
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Bobw
Joined: Nov 2006
Posts: 336
New England
Thanks, I understand, just thought it was wording. I am not new to BOL, just changed FI's and fully understand, but thanks anyway
_________________________
just my opinion, based on my 30+ years

GO RED SOX!!!

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