If you intend to deposit funds into your bank account, it is best to use arestrictive endorsement.
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If you intend to deposit funds into your bank account, it is best to use arestrictive endorsement. A lost check with ablank endorsement can be cashed by anyone who finds it. Your personal liability for the misuse of a lost debit card will be limited to $50 if you notify the issuing bank within: 60 days of receiving your bank statement. 90 days of receiving your bank statement. 7 days after the misuse occurs. 2 days of losing the card.
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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