Legal Question in Business Law in Indiana
My employer handed out checks thursday so i cashed it.. but it was dated for friday... The bank charged my company $50 now my company is charging me $75.. Can they do this seeing as how they willing gave me the check a day early?
Asked on 11/12/09, 3:52 pm
1 Answer from Attorneys
Burton Padove
Indiana and Illinois Lawyer, Burton A. Padove
You should talk to the bank. The customar practice is to submit the check twice and I am sure it wasn't in one day. Additionally, your bank should have noted the date at the time that it was submitted nd not accepted it. Perhaps you can negotiate a lower fee or no fee at all.
Answered on 11/17/09, 3:59 pm
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