Excellent!
I've loaned out 10X as much in checks and bookkeeping entries in my records.
When one of those checks is cashed, how do they get the money from you?
My Mortgage company doesn't even accept a cash payment. They don't even have a system in place to deal with it. Do you really think they take every check to the bank and CASH it???
Seriously, when was the last time you CASHED a check for more than a couple hundred dollars? Depositing it and getting a couple hundred back as walking around money doesn't count. I'm talking about getting a couple thousand IN CASH from a bank.
Do you routinely walk around with your entire pay check in your pocket?