Legal Question in Banking Law in California
international certified bank draft
how do i cash it will it bounce will it be questionable will it come back a counterfit, phony, a bad check.
Asked on 10/11/07, 8:22 pm
1 Answer from Attorneys
Michael Stone
Law Offices of Michael B. Stone Toll Free 1-855-USE-MIKE
Re: international certified bank draft
I think you know the answer already. Caution, if you deposit it wait two whole weeks - the bank might give you money against it and then charge it back, plus a fee. Save yourself the fee, and the bad vibes with your bank, and just tear it up.
Answered on 10/11/07, 10:46 pm
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