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.
If the 'somebody else' has signed the back with 'pay to the order of xxx' and then signs their name.
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.
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.
No
Each bank has different policies, so to find out the best answer, you should check with the bank where you are attempting to deposit the check.If they will allow you to deposit your paycheck into someone else's checking account, they will likely request that:- Both you and the account holder sign the check, in the presence of the teller- For you, the person to whom the paycheck is payable, to present unexpired, valid photo ID confirming that you are the person who you say you areAlternatives- The obvious: get your own bank account and deposit your check there.- Cash your paycheck, which can be done at the bank on which the check is drawn, at a check cashing service such as Amscot, or at certain banks or grocery stores that offer check cashing services.
If endorsed. Yes.
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.
If you endorse it as payable to them it will usually be accepted for deposit into someone else's account.
A wife can deposit her husbands paycheck if the husband has signed the back of the check. The wife must also sign the back under the husbands name in order to deposit the check.
No. Paychecks usually come with the name of the person to whom it is paid. Only that person can cash the check. When checks are cashed, the cashier (from the bank) will ask for some sort of ID to prove that the person cashing the check is indeed the person to whom it was paid. So, if your friend or someone else tries to cash your paycheck, they may be arrested for impersonation and forgery.
India
When your paycheck goes to your account; direct deposit
Direct Deposit.
When your paycheck goes to your account; direct deposit