Once a check has cleared, can the "payee" put a stop on it?
Sorry, I’m a little naive as to how banking works. I use TD Bank. They clear the first $100 – of my paycheck – when I deposit it, and the next day the remaining total is added to my checking account. So, at that point, is it all mine, or can the company still somehow “take it as it’s theirs”? I know this may seem like a silly question, but I’m actually trying to quit my job and give notice as soon as the check clears! Thanks, all.
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