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#467354 - 12/07/05 10:25 PM Endorsing a check payable to cash
LSmith Offline
Platinum Poster
LSmith
Joined: Dec 2002
Posts: 703
Is it necessary to have the person signing a check made payment to "Cash" endorse his/her own check? I know if it is cashed by anyone else you would get it endorsed, but if the check is for myself on my own checking account, is it necessary to have me endorse my own check?

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General Discussion
#467355 - 12/08/05 12:30 AM Re: Endorsing a check payable to cash
Don_Narup Offline

Power Poster
Joined: Jul 2001
Posts: 3,708
Las Vegas Nevada
It is proof you received the cash.
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#467356 - 12/08/05 01:42 PM Re: Endorsing a check payable to cash
RBanker Offline
Power Poster
RBanker
Joined: Jul 2003
Posts: 2,675
Austin Texas
Consider the teller or teller supervisor or fraud analyst reviewing the item (for whatever reason) 3 weeks later. How would they know who actually received the cash? Thus your audit trail. Banking is full of them....
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