Thread Starter: Anonymous
Title: Re: Tax Refund Checks
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We had a customer call wanting to "help" out a friend who has no bank account anywhere and has already received a tax refund check from the government. The check is said to be for $5000. The original payee has no I.D. The customer who has an account here and wants to the second endorsement only has $200 in the bank. Can we at least hold this check since its a two-party check, or do we have to let the check have next day availability? Can we refuse to cash the check in this instance?
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