Restrictive Endorsements

Discussion in 'Credit Talk' started by dubmant, May 29, 2002.

  1. dubmant

    dubmant Member

    Suppose a company accepts payments in multiple states, and the states have different regulations concerning the acceptance of restrictive endorsements. Will I benefit by sending the payment to the office in the state that allows for this type of agreement?
     
  2. mj

    mj Well-Known Member

    Most card agreements now specifically disclaim any obligation to follow restrictive endorsements unless you send the payment to the "billing inquiries" address.

    -mj
     

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