I bought a car with a cashier's check. The dealer gave me the check back when I returned the car a week later; however he had already endorsed it. How do I go about getting my money back with the endorsed check?
Talk to the issuing bank. If the dealer is able to supply a letter confirming that he gave you back the check because the deal was rescinded, the bank should be willing to exchange the check for credit to your account or for another cashier's check payable to you. If the bank won't do that, ask the dealer to go ahead and deposit the cashier's check to his account and give you a check from the dealer's account to replace it.
BankingQuestions.com is a free service made possible by the generous support of our advertisers. Advertisers are not responsible for site content. Please help us keep BankingQuestions.com FREE by supporting our advertisers. When you see an ad for a product or service you may have an interest in, click through to learn more.
Accounts
Article
Q&A
Podcast
Video
Blog
Discussions
PDF
Powerpoint
Talk to the issuing bank. If the dealer is able to supply a letter confirming that he gave you back the check because the deal was rescinded, the bank should be willing to exchange the check for credit to your 