Banking Questions (For those who work under a business name)
So I get a letter in the mail today from my bank saying that a deposit I made has been returned along with the check. The check was made to my company from another company. It was a new account at this bank and I wrote "For Deposit Only" with my account number.
The reason for the return was "Endorsement" and on the check it says "Endorsement Not as Drawn". Does anyone have a clue what the fuck this means? The bank seemed totally lost as to why it didn't go through and wanted me to bring it in tomorrow.
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