quote:

Originally posted by Balzé Halzé:

quote:

Originally posted by Keystoner:
You can write a check on a piece of toilet paper.

What?

It is a legal document as long as there is a bank account with funds to go with it. In practice, you'll have a hard time cashing or depositing it. Or writing one to, say, a grocery store. I know of no retail establishment that will take a non-pre-printed check.

quote:

Originally posted by egregore:

quote:

Originally posted by Keystoner:
You can write a check on a piece of toilet paper.

...I know of no retail establishment that will take a non-pre-printed check.

Not even asswipe?

quote:

The faxed check deal is something I've never heard of, so it seems weird to me

^^^^^^^^^^^
Yeah new to me. Interesting since health care seems to be the one area where faxes are still used. I just replaced my fax with a new machine. Lightning fast and has functions I will never use. Learn something here every day.

Refer to your bank’s deposit account agreement. It almost certainly is not allowed.

Sure, it might work. The bank may not notice. You can also forge a check and signature with the permission of the owner of the account.

Is it illegal and against the bank’s policy? Yup.

But yeah, it might work.

Nope, I don't see any bank taking a fax, toilet paper, or any non-official check.

Frank Abagnale, you may want to view him on You tube, Re: paying by check.

he does NOT recommend that form of payment

https://www.youtube.com/result...query=Frank+Abagnale

quote:

Originally posted by Keystoner:
You can write a check on a piece of toilet paper.

Preferably a clean piece.

quote:

Originally posted by VANQUISH:
If you have mobile banking and can do check deposits on your phone the buyer can just write a check and text you a pic of the front and back and you can deposit into your account.

Easy peasy.

Now that is brilliant. Bank has no way of knowing who or where the pic of the check was taken. To the bank app it is just a pic of a check and should be acceptable. Save a tree.

quote:

Originally posted by straightshooter01:

quote:

Originally posted by VANQUISH:
If you have mobile banking and can do check deposits on your phone the buyer can just write a check and text you a pic of the front and back and you can deposit into your account.

Easy peasy.

Now that is brilliant. Bank has no way of knowing who or where the pic of the check was taken. To the bank app it is just a pic of a check and should be acceptable. Save a tree.

But how do you endorse it then?

Not fax, but a check related story.

Best friends Dad had accounts at three banks for decades. Let's just say was a little... odd.

Anyway...
He had checks printed with all three bank names and account numbers on every check so he didn't have to carry three check books. He marks out two of the three leaving the one he wants to use for that particular check. He told me one bank had origionally pushed back, and said he could not do that. He suggested they consult with their legal department before loosing his business... they decided to take them.

quote:

Originally posted by Balzé Halzé:

quote:

Originally posted by straightshooter01:

quote:

Originally posted by VANQUISH:
If you have mobile banking and can do check deposits on your phone the buyer can just write a check and text you a pic of the front and back and you can deposit into your account.

Easy peasy.

Now that is brilliant. Bank has no way of knowing who or where the pic of the check was taken. To the bank app it is just a pic of a check and should be acceptable. Save a tree.

But how do you endorse it then?

If a check is made payable to you, you don't have to personally endorse it to deposit it. You can write or stamp "For Deposit" or "For Deposit Only" and the bank will accept the deposit for your account.

I frequently deposit checks into my Chase account with the app, and I use a "For Deposit Only" stamp. I've always taken photos of front and back when prompted by the app-I don't know that I could use a photo that was already on my phone.

Addressing another comment, legally the paper has no significance, so you could definitely write a check, or a promissory note, or a contract, on toilet paper, or the proverbial "back of an envelope", and it would absolutely be 100% legally binding. Whether or not your bank would accept it is a different matter.

quote:

Originally posted by VANQUISH:
If you have mobile banking and can do check deposits on your phone the buyer can just write a check and text you a pic of the front and back and you can deposit into your account.

Easy peasy.

My bank allows me to deposit a check via photo of front and back, but I have to endorse the back with a signature before taking the picture.

Sorry my fax stopped working when I replaced it with my morse code machine.

quote:

Originally posted by Balzé Halzé:

quote:

Originally posted by Keystoner:
You can write a check on a piece of toilet paper.

What?

Not anymore. The bank laws were changed sometime in the 90s to disallow that sort of thing and standardized how the numbers are maintained at the bottom of the check. It was the same time when they changed so you can only endorsed in a certain area in the back of the check.

I can believe a fax by check. Thank the Japanese in that when faxes were starting, they pushed for faxed signed documents as being legal. Having said that, hardly anyone uses an actual fax machine now adays.

I've faxed via free online fax services via the web.

quote:

Sorry my fax stopped working when I replaced it with my morse code machine.

^^^^^^^
The WSJ had a recent article about how Health care and Hospitals rely heavily on faxes to commmunicate patient information. It pretty much ties you to a landline as well unless you get extra equipment. (I could not get my telegraph working or as you call it your morse code machine) so had to replace it. Just hope the Indians do not cut your lines.