Thread Starter: Anonymous
Title: Re: Negotiation Obligation
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Are we obligated to negotiate a check from one of our customers to a non-customer?
Non-customer received a large settlement; attorney (our customer) cut them a check. Check is for $80,000.00. Non-customer wants cash.
Are we obligated to negotiate this check?
1) Technically, we do have adequate funds to cash. However it would leave us extremely short for the rest of the next week, until we can place a currency order.
2) Could we place a "special order" of currency for this check, and charge the non-customer?
3) Could we negotiate a part of the check, and cut them a Cashier's Check? If so, could create a stipulation that this is a "one-time only" transaction, and the customer would no longer have the ability to negotiate the Cashier's Check?
The non-customer is ADAMANT they get cash.
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