helloall

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  • Early Apple check signed by Steve Jobs could sell for big money

    entropys said:
    How do people still have a cheque sitting around? Does the bank hand them back?

    (note query from someone who probably hasn’t processed a cheque in a decade. So go easy).

    that certainly looks in mint condition.
    Yes, banks used to sent checks back to the person or company that wrote the check after they have been deposited/cashed, so someone at Apple must have held onto it.

    Banks shred them now and show a digital image in their statements.
    And sometimes the paper check does not go all the way back to the bank, much less the Maker. It gets deposited via mobile app or onsite scanner, then held for x amount of time, then destroyed. The MICR is interesting.


    watto_cobra