Originally Posted by Piobaire
Last year we had an interesting case. A housekeeper had been depositing her pay using photo deposit. She was saving the cheques and tried to deposit her last three months of pay in person after she quit.
I imagine they didn't go through right? duplicate check numbers should get flagged. Obviously, your bank will still give you the "we trust you" portion that is available immediately, but they shouldn't clear it all unless the checks were very small.
Originally Posted by cptjeff
Still the easiest option for person to person payments, especially larger ones. I can't use a card (well, without the other person having one of those phone reader thingies), and I don't like carrying massive amounts of cash.
But using one at a store? Yeah, get with the program.
Dunno if I have ever written a check in a store, but its the standard way to pay for an apartment application/first month/deposit (even if they have automatic bill pay for the rest of your rental). My rental company doesn't have auto-debit, so my bank just prints out a check and mails it at the end of the month...zero work on my part, but there is still a paper check. I also pay my portion of the family cell phone bill the same way....my dad just gets a check from my bank.
When I bought my boat last year, I wrote the guy a check...too much cash to carry around and any other method available in the US involves fees (unless we were both Chase members...they have some free person-to-person transfer service). Not worth paying 3% when I could just write a check. Then my buddy who co-owns the boat cut me a check for his half. And I think I sent a check to pay for mooring since they tack on a credit card fee as well.
Everybody's first paycheck is an actual check too...always takes at least one cycle for people to enroll in direct deposit (and the preferred way to enroll in direct deposit is to just give HR a voided check).
I wish there were better options...but those little pieces of paper do work quite well.