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Cash on cheque

  • 23-06-2017 10:42am
    #1
    Western Pomise
    Registered Users, Registered Users 2 Posts: 1,656 ✭✭✭


    Is a cheque ok to lodge to your account if it is made out as 'cash' on the name part?


Comments

  • #2
    Toots
    Administrators, Business & Finance Moderators, Society & Culture Moderators Posts: 16,957 Admin ✭✭✭✭✭Toots


    Yes


  • #3
    coylemj
    Registered Users, Registered Users 2 Posts: 25,620 ✭✭✭✭coylemj


    Toots wrote: »
    Yes

    +1 'Cash' is effectively the same as 'Bearer' and means that anyone can lodge it to their account.

    Which also means that if you can find someone (like a bookie or a publican) to cash it for you, they can lodge it as well.


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