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WWOTD - Writing a check to a friend in exchange for cash
Posted on 1/11/19 at 2:44 pm
Posted on 1/11/19 at 2:44 pm
A friend of mine banks online. He's said that it is virtually impossible to deposit cash that way. He's got a few hundred bucks he wants to deposit, and he's asked me to write him a check for that cash amount. In exchange, I'd get the cash and just deposit into my account.
Odd freaking request, I know. Also odd to put me on the spot... other than getting new friends, which I'm not exploring the idea
, WWOTD?
Odd freaking request, I know. Also odd to put me on the spot... other than getting new friends, which I'm not exploring the idea

This post was edited on 1/11/19 at 2:45 pm
Posted on 1/11/19 at 2:45 pm to LSUbase13
If he’s giving you the actual cash I don’t see the problem.
Posted on 1/11/19 at 2:45 pm to LSUbase13
nm
This post was edited on 1/11/19 at 2:49 pm
Posted on 1/11/19 at 2:45 pm to LSUbase13
Not odd.
I bank with nfcu. The nearest physical brach is 2 hours away.
Large amounts of cash do me no good.
I bank with nfcu. The nearest physical brach is 2 hours away.
Large amounts of cash do me no good.
Posted on 1/11/19 at 2:46 pm to LSUbase13
His bank doesn't have a physical building?
Posted on 1/11/19 at 2:46 pm to LSUbase13
Congrats on your new counterfeit bills
Posted on 1/11/19 at 2:46 pm to LSUbase13
Looks like you're complicit in his money laundering scheme.
Enjoy prison
Enjoy prison

Posted on 1/11/19 at 2:47 pm to LSUbase13
I did this when I used to counterfeit. Took away my paper trail.
Posted on 1/11/19 at 2:47 pm to northshorebamaman
quote:
I can just take a pic with my phone.
Of cash?

Posted on 1/11/19 at 2:48 pm to northshorebamaman
quote:you can take pics of cash and deposit in your bank?
A friend of mine banks online. He's said that it is virtually impossible to deposit cash that way.
I can just take a pic with my phone
That is a bold business strategy, Cotton
Posted on 1/11/19 at 2:48 pm to Powerman
quote:
Of cash?
Missed that. Yeah, cash is a pain in the arse.
Posted on 1/11/19 at 2:49 pm to LSUbase13
Unless you need to keep the money in your account, why is that a problem? It's not like he is saying "ummmm.. I will pay you next week". $100 in cash = $100 check. If anything, you could be screwing him by not having that amount in your checking account (which would be screwing you as well because you would then get a NSF, blah blah blah, but you get the point).
Posted on 1/11/19 at 2:50 pm to LSUbase13
Post Office Money Orders are fairly cheap, I guess your friend could get those with cash and then mobile deposit the Money Order(s) into their account if there is not a brick & mortar bank nearby.
Posted on 1/11/19 at 2:53 pm to LSUbase13
fill out the check, and swap it for cash. He prob is just lazy and will do mobile deposit instead of just going to a bank. Unless he banks with someone that doesnt have any branches near by, then he should just change banks.
Posted on 1/11/19 at 3:08 pm to LSUbase13
I have give folks cash all the time in return for a Venmo deposit. I don't have a physical bank near me so cash serves me no purpose.
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