Whaddya mean you don't take out of state checks?

[DurocShark]

Actually haven't heard this in a while, but thought I'd share some related info here.

As some of you know, I've reverted to using my UBOC account in California, but live in Colorado.

My rent check this month was written on that account. First time I've written a check on that account in like 2 years.

It cleared and had the scan of my check online in 2 days.

So, in 2 days my check went from the apartment manager's office to their bank (WFB, Denver) to the banks CA office (WFB, Los Angeles) to my bank who then scanned it into their database which is accessible via web.

With today's technology there is NO reason out of state checks should be an issue. This went way too smoothly.

(Oh, and if you're thinking about floating checks, it's a bad idea nowadays. No more week or longer before a check hits your account. heh)

 

[Specop 007]

You can still float'm for a day or two though. 😉

 

[rudder]

Originally posted by: Specop 007
You can still float'm for a day or two though. 😉

Thats cutting it. Most banks accept an electronic copy of the check and no longer need the actual check before they begin processing.

 

[MikeyIs4Dcats]

Originally posted by: rudder

Originally posted by: Specop 007
You can still float'm for a day or two though. 😉

Thats cutting it. Most banks accept an electronic copy of the check and no longer need the actual check before they begin processing.

and some places will run an immediate transaction against your account.

 

[dullard]

The reason is for fraud. It is a whole lot easier to sue someone that lives in your own state when the check bounces. With your apartment, I think they are assured you live in the same state.

 

[nakedfrog]

Last year I had a problem with my payroll check and US Bank (who sucks anyway). Deposited check in December, then a couple months later started getting calls from the HR department asking if I'd deposited it. Eventually I print out my statement to show them that I deposited it. The reason is because that was the last time they were drawing on a specific account and wanted to close it. So they close it. A couple days later my account balance drops by the amount of my paycheck, and then of course I get five NSF fees. It took US Bank over three months to cash it--and this is the same bank that put a hold on my payroll checks for a few days before making the funds available. They were, of course, completely unwilling to accept any sort of responsibility for it. Luckily my company stepped up to the plate and cut me a check for the amount of the NSF fees and another one for the pay.
Cliffs: US Bank sucks.

 

[DurocShark]

Originally posted by: MikeyIs4Dcats

Originally posted by: rudder

Originally posted by: Specop 007
You can still float'm for a day or two though. 😉

Thats cutting it. Most banks accept an electronic copy of the check and no longer need the actual check before they begin processing.

and some places will run an immediate transaction against your account.

KMart used to do that. They would scan the account number and routing number and electronically submit the check before you even left the store. The checks were all "eChecks" whenever I wrote one to KMart.

That was a long time ago, dunno if they still do it.

 

[Specop 007]

Originally posted by: DurocShark

Originally posted by: MikeyIs4Dcats

Originally posted by: rudder

Originally posted by: Specop 007
You can still float'm for a day or two though. 😉

Thats cutting it. Most banks accept an electronic copy of the check and no longer need the actual check before they begin processing.

and some places will run an immediate transaction against your account.

KMart used to do that. They would scan the account number and routing number and electronically submit the check before you even left the store. The checks were all "eChecks" whenever I wrote one to KMart.

That was a long time ago, dunno if they still do it.

Theres some places here that do that too.

 

[GeekDrew]

Originally posted by: Specop 007

Originally posted by: DurocShark

Originally posted by: MikeyIs4Dcats

Originally posted by: rudder

Originally posted by: Specop 007
You can still float'm for a day or two though. 😉

Thats cutting it. Most banks accept an electronic copy of the check and no longer need the actual check before they begin processing.

and some places will run an immediate transaction against your account.

KMart used to do that. They would scan the account number and routing number and electronically submit the check before you even left the store. The checks were all "eChecks" whenever I wrote one to KMart.

That was a long time ago, dunno if they still do it.

Theres some places here that do that too.

Many places do that.

 

[altonb1]

Originally posted by: nakedfrog
Last year I had a problem with my payroll check and US Bank (who sucks anyway). Deposited check in December, then a couple months later started getting calls from the HR department asking if I'd deposited it. Eventually I print out my statement to show them that I deposited it. The reason is because that was the last time they were drawing on a specific account and wanted to close it. So they close it. A couple days later my account balance drops by the amount of my paycheck, and then of course I get five NSF fees. It took US Bank over three months to cash it--and this is the same bank that put a hold on my payroll checks for a few days before making the funds available. They were, of course, completely unwilling to accept any sort of responsibility for it. Luckily my company stepped up to the plate and cut me a check for the amount of the NSF fees and another one for the pay.
Cliffs: US Bank sucks.

I would have immediately closed the account and opened a new one elsewhere. (Well, maybe not immediately, but I would have opened a new account and once direct deposit or anything else that needed to be switched was changed to the new bank, I would have closed the old one)