Q: Our minor child inherited $7990. Ck was written to husband & self for support & care of child. Bank won't take?
They said payee was not on check, even though buth mine and husband's names are on check and on account. They returned deposit and withdrew money from account, after expenditures had been made against cleared deposit on child's behalf. What do we do? Checks have been reissued to us by bank in another form for re-negotiation.
A:
Try again or try to deposit in another bank. Those are your fast and easier answers. Trying to force your financial institution to do something it does not want to do will leave you frustrated, and with expensive and unlikely successful remedies in court.
You might also ask the bank that issued the checks to do an electronic transfer or other form of payment without the use of a physical check.
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