Under some circumstances, yes, but in general no. For instance, you can usually deposit checks written to your minor children into your account.
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.
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.
No. A check can be cashed only by the person to whom the check is issued. Trying to do so will be termed as forgery and the person trying to do it can arrested. However, someone else can deposit that check into your bank account. That shouldn't be a problem.
Yes. There are no restrictions as to who can deposit cash into a checking account. Anyone can deposit cash into anyone else's account as long as they know the account number of the account into which they want to deposit cash. For ex: I can walk into the bank branch where you hold a checking account and deposit $500 into it if I know the account number. Nobody will ask or question me as to why I am doing so…
Yes. There are no restrictions as to who can deposit cash into a checking account. Anyone can deposit cash into anyone else's account as long as they know the account number of the account into which they want to deposit cash. For ex: I can walk into the bank branch where you hold a checking account and deposit $500 into it if I know the account number. Nobody will ask or question me as to why I am doing so…
If you endorse it as payable to them it will usually be accepted for deposit into someone else's account.
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.
i have a payee only cheque can i sign it over to someone else
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.
No. A check can be cashed only by the person to whom the check is issued. Trying to do so will be termed as forgery and the person trying to do it can arrested. However, someone else can deposit that check into your bank account. That shouldn't be a problem.
Deposit in your account or a check cashing place will do it for a fee
Yes. There are no restrictions as to who can deposit cash into a checking account. Anyone can deposit cash into anyone else's account as long as they know the account number of the account into which they want to deposit cash. For ex: I can walk into the bank branch where you hold a checking account and deposit $500 into it if I know the account number. Nobody will ask or question me as to why I am doing so…
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.
If the 'somebody else' has signed the back with 'pay to the order of xxx' and then signs their name.
It stands for 'banks automatic clearing service' which allows people to transfer money instantaneously from their own account to someone else's account without writing a cheque.
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.