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03-26-2009, 12:50 AM
| #1 |
| Business Strategy Expert Join Date: May 2006 Location: Award Winning Entrepreneur
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|  USA Warriors; Accept checks by fax! easy and legal...
I was surprised to discover from a pretty advanced fellow today that he did not know that one could accept checks by fax from a client, and then cash the faxed copy. it's 100% Legal, and people have been acceoting checks by fax, phone, and email, for years.... if anyone wants me to elaborate, just ask  .
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03-26-2009, 01:11 AM
| #2 |
| HyperActive Warrior War Room Member  Join Date: Aug 2008 Location: Iowa
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| Re: USA Warriors; Accept checks by fax! easy and legal...
I have never heard of this before. Is the fax/email being printed out on check paper or you just take the copy of the check and cash it?
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03-26-2009, 01:38 AM
| #3 |
| Business Strategy Expert Join Date: May 2006 Location: Award Winning Entrepreneur
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| Re: USA Warriors; Accept checks by fax! easy and legal...
good question... 100% plain printer paper! here is a link to an article on the subject: (i gave it a quick skim, seems OK) What is a Check Draft, What is a Bank Draft, What is Check Drafting? |
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03-26-2009, 01:41 AM
| #4 |
| HyperActive Warrior War Room Member Join Date: Dec 2007 Location: , , .
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| Re: USA Warriors; Accept checks by fax! easy and legal...
Please explain. I hate to wait 2-3 Days for my Check to arrive from US.
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03-26-2009, 08:54 AM
| #5 |
| Brutal honesty's me  Join Date: Sep 2008 Location: Coín, Spain
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| Re: USA Warriors; Accept checks by fax! easy and legal...
It is not necessary to use a cheque at all. You can write an instruction to your bank to pay the amount, to the person named, on any plain piece of paper. Cheque books simply make the task easier. As a matter of interest, the delays in clearing cheques are due to the banks insisting that cheques must be presented to the issuing branch for final clearance - and they usually go by snail mail. |
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You might not like what I say - but I believe it. Build it, make money, then build some more Some old school smarts would help - and here's to Rob Toth for his help. Bloody good stuff, even the freebies! | |
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03-26-2009, 09:01 AM
| #6 |
| The Ethical Marketer War Room Member  Join Date: May 2006 Location: Wisconsin, USA
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| Re: USA Warriors; Accept checks by fax! easy and legal...
I have heard the same thing about using any paper to make a "check". The tricky part is getting a bank to take it. Even if they know they can, they are likely to do their best to convince you otherwise. All the best, Michael "the check is in the mail" Oksa |
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03-26-2009, 10:26 AM
| #7 | |
| Happy Hooker War Room Member  Join Date: Jun 2007 Location: North of the Peace River, Southwest Florida, USA.
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| Re: USA Warriors; Accept checks by fax! easy and legal... Quote:
One place odd checks used to surface was in payment of taxes. Before the rules got very explicit, some of the odd "checks" the tax agencies reported were... > A check carved into a large, ripe watermelon > A check scribbled on a pair of dirty undershorts > A check engraved into a 500 lb. slab of granite. After that, I think a plain-paper fax is pretty tame. | |
| Salad is not food. Salad is what food eats... -- The REAL PETA, People for Eating Tasty Animals "I did not fight my way to the top of the food chain to eat tofu!" | ||
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| Tags |
| accept, checks, easy, fax, legal, usa, warriors |
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