12/06/2020
I received a declaration of unauthorized endorsement or altered item from an institution. The check was made to three parties, however I do see that one endorsement is missing. This check was deposited in July 2016. Is the bank of first deposit (us) liable for this item 39 months later: What is the time frame for this return?
01/24/2016
Can a business endorse a check over to another business with the same signers? Ex. Carefree Sprinkler signs checks over to Carefree Lawn.
03/23/2015
Under the OCC's regulations can you deposit a check into the customer's account if the check is written to a different person and he or she has signed it over to the person that has the account?
05/06/2013
My customer mailed a check to their employee. The employee had moved and someone else cashed the check. My customer gave their employee the money for the stolen check. My customer wants the bank to credit his account and return the check because of the forged endorsement on the back of the check. This took place over 4 weeks ago. It is my understanding the check can be returned up to 36 months later when dealing with forged endorsements of the payee. Is this correct?
01/28/2013
Our customer wrote two checks to the same payee, one was dated 2/10/12 the second was dated 4/10/12. Towards the end of July, the payee notified our customer that he did not receive the checks. He signed an Affidavit of Forged Endorsement and we returned the check as fraudulent along with the affidavit. The depositing back disputed the item as a late return. Is there anything we can do now? Can we possibly claim breach of warranty?
12/03/2012
We have been presented with a request to return funds for a forged endorsement on a check deposited here. The check in question is made payable to "wife," has a signature (which she claims is forged and that she did not receive any benefit from the check), then "husband" also endorsed and deposited a portion into their joint checking. He took cash for the rest. He has since closed the account. Would we be able to deny this claim since she did receive benefit from the check with the deposit to their joint checking? Or would we still have the liability since she claims it is not her signature?
08/06/2012
Are we liable if we cash a check from a customer made payable to our institution and it is returned for some reason? Do checks to be cashed need to be payable to cash or in the customers name?
05/07/2012
How long does a bank have to return a check for improper endorsement?
03/05/2012
In the case of a jointly payable check being deposited to an account in the name of one of the payees, is the other payee required by law to sign or endorse for the Bank to accept the check?
03/05/2012
In the case of a jointly payable check being deposited to an account in the name of one of the payees, is the other payee required by law to sign or endorse for the Bank to accept the check?
