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WebJul 27, 2024 · Although a bank is usually obligated to honor a cashier's check drawn off itself, the bank can refuse payment if branch officials have legitimate doubt about the intended recipient of the funds. For example, if a cashier's check is made payable to a company and a person seeks to cash it, the bank may properly refuse to do so if branch … WebMar 11, 2024 · The check will not be honored. Rakuten checking account more than likely exceeded the 250K FDIC insured amount. The first 250k was probably going to be … WebNov 20, 2013 · Normally, your deposits are limited to $50,000 per check and $100,000 per day via SVB Private Bank Deposit. For security, you must keep your deposited checks in a safe and secure place.Generally, you should destroy checks 45 days after the deposit has cleared your account. (There can be some exceptions to this – see below). how to get student discount on princess polly