If the name on the check matches the name on the account, and if the check is signed on the back, then just about anyone can deposit the check. Withdrawing the funds requires ID, though.
A check that is made out to someone else can be deposited into your account if the person has signed the check. Check with your bank because many banks require that the person, who's name is on the check, be present during the deposit.
A check that is made out to someone else can be deposited into your account if the person has signed the check. Check with your bank because many banks require that the person, who's name is on the check, be present during the deposit.
The holder of an account takes responsibility for the outcome of any check deposited into their account. Thus, the bank may require that the person who owns the account also sign the check (and even be present during the deposit) to verify authorization for the deposit. Even though money orders are supposed to be verified funds, the bank cannot risk that the account holder will claim the deposit wad unauthorized if they are charged if the check us returned.
If the 'somebody else' has signed the back with 'pay to the order of xxx' and then signs their name.
You can deposit someone else's check in your account if they sign it over to you. They need to endorse it over to the person they wish to have it and sign underneath.
You can deposit someone else's check in your account if they sign it over to you. They need to endorse it over to the person they wish to have it and sign underneath.
Deposit in your account or a check cashing place will do it for a fee
If the name on the check matches the name on the account, and if the check is signed on the back, then just about anyone can deposit the check. Withdrawing the funds requires ID, though.
A check that is made out to someone else can be deposited into your account if the person has signed the check. Check with your bank because many banks require that the person, who's name is on the check, be present during the deposit.
A check that is made out to someone else can be deposited into your account if the person has signed the check. Check with your bank because many banks require that the person, who's name is on the check, be present during the deposit.
No. A check can be deposited only into the account of the individual to whom the check is made out (issued) to. Depositing it into someone else's account is not allowed and even if done by mistake, the check will not be cashed and no payments will be made.
Yes, most all banks allow anyone to deposit money into an account of anyone else. When doing this, the receipt they give you showing the deposit will not show the balance of the other persons account, as this is private information.
Yes, you can endorse a check for someone else to deposit in any account, yours or his or some random person in the Middle East. Once you endorse the check, it is considered "as good as cash" unless you write "For Deposit Only" on the back as well - then it must be deposited into a bank account somewhere. If you trust the person who will be depositing the check, feel free to endorse the check and let them take it to a bank or ATM for depositing into your account - they will need your bank deposit slip or your bank card with PIN to do so.
An endorsed check is a check that was written to someone without a checking account, or someone who could not deposit the check, that has been signed by that person so that someone else can deposit it for them.
No. If the check is sent to YOU and is for YOU it is OK to put it into YOUR account. It IS a crime if yous teal or take someone else check and put it into your account because that money does not belong to you.
If you endorse it as payable to them it will usually be accepted for deposit into someone else's account.