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Cheue cashing companies.
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There are many cheque cashing companies who will advance cash against third party cheques. How is any company able to pay into their bank a cheque made payable to someone else?
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Q2 What are Third Party Cheques ?
This is a cheque payable to the customer (in their name) and presented for payment through a cheque casher or third party. Cheque cashers , who may be franchisees or agents of another company, are granted by their bankers a facility to process such cheques
A good an explanation as any. The individual has to provide proof of id and sign a legal document 'assigning' the cheque to the company.
This is a cheque payable to the customer (in their name) and presented for payment through a cheque casher or third party. Cheque cashers , who may be franchisees or agents of another company, are granted by their bankers a facility to process such cheques
A good an explanation as any. The individual has to provide proof of id and sign a legal document 'assigning' the cheque to the company.
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