this post was submitted on 27 Feb 2024
1345 points (98.7% liked)

memes

10226 readers
3093 users here now

Community rules

1. Be civilNo trolling, bigotry or other insulting / annoying behaviour

2. No politicsThis is non-politics community. For political memes please go to !politicalmemes@lemmy.world

3. No recent repostsCheck for reposts when posting a meme, you can only repost after 1 month

4. No botsNo bots without the express approval of the mods or the admins

5. No Spam/AdsNo advertisements or spam. This is an instance rule and the only way to live.

Sister communities

founded 1 year ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[โ€“] Buffalox@lemmy.world 2 points 8 months ago* (last edited 8 months ago) (1 children)

Well I cannot say what's common in USA, but the literal meaning of cash seems to me to be getting literal cash in your hand. While deposit is to deposit it into an account, for withdrawal later, like when the check is cleared.
I'm guessing if people use those terms interchangeably, they are in error half the time.
IDK practices in USA, but here some checks can be cashed immediately when they are from trusted parties, like a bankers check, but AFAIK you still need to have an account with the bank to cash it.
That said both cash and checks are extremely rare here now, almost everything and everybody have gone electronic.
Paying cash above about 8K USD or 50k DKK is actually illegal now, to prevent money laundering.

[โ€“] John_McMurray@lemmy.world 0 points 8 months ago

Do I really need to explain colloquialisms?