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Can you deposit your sons check into your checking account if you have a power of attorney for him?
Wiki User
∙ 13y ago
Yes, you can do that. A power of attorney gives you enough rights to do such an action like depositing your sons check into your account. If you dont have a power of attorney - first the bank wont accept the check and second you'll be jailed for forgery
Wiki User
∙ 13y ago
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Can your boss go into your checking account and check it out if you have direct deposit?
No
How does a cheque work?
A check is a demand. It is an order to pay someone form your checking account. A checking account is a demand deposit.
What two things must you do before you can deposit a check into your checking account?
Endorse, or sign, the check on the back. Put your account number on there and write For Deposit Only.
Change my bank account for direct deposit?
My current bank checking account is invalid. How do I change the account number to the new checking account ???
Can you deposit a business check to your personal account?
No, you cannot deposit a business check into a personal checking account. You can only deposit a check into an account that shares the same name, i.e. A check is made out to ABC company--it can only be deposited into an account that is titled ABC company. It cannot be deposited into a personal account--even if that is the personal account of the owner.
What will be the initial deposit to open a Bank of America account?
I think it is US $ 500 for a simple checking account. The bank would give you an ATM card and a check book for this account. However if you arrange to have a Direct Deposit (Your Monthly Salary/paycheck) into this account Bank of America waives this minimum balance requirement and you can have it as a Zero-Balance checking account.
Can you deposit your brothers income tax check into your own checking account?
I did the same thing and the bank did not honor the check
If you owe money at a bank can they still seize funds if you deposit a check from someone who also holds an account there into your checking account at a different bank?
To clarify, I owe money at US Bank for a defaulted credit card with them. I have a TCF checking account. If I try to deposit a check made payable to me, and that check happens to be a US Bank check, can US Bank seize the check made payable to me even if I deposit it into my TCF checking account? Not sure if they will see that US Bank funds are made payable to me from someone else's account. Any insight would help! Thanks!
What is the term for money kept in a checking account?
A checking account is called a "demand deposit" because it is available for transfer to another individual or company by writing a check or draft.
Can a person be on a checking account for deposit only but can not write check on the account?
Yes, it is possible for someone to be added to a checking account as a deposit-only signatory, meaning they can only make deposits into the account but cannot write checks or make withdrawals. This arrangement is often used when someone needs to provide funds to an account but does not need or want access to the funds for spending or withdrawals.
Can you sign and make deposits for your mother if you are an authorized signer on her bank checking account?
If it is a governmental check, she needs to sign, or endorse, the check. As long as you are not taking money from the deposit of the check, you should be able to deposit it at the bank. You can deposit money into anyones account with the account number and branch (the info can be provided on a blank cheque).
When writing for deposit only with the account number is a signature required?
Yes. That's what counts. Depends....I had to go deposit cash to my sister's bank account one time all they asked for was the account number I gave it to them and the money then they printed me up a receipt. When I deposit money into my bank I always sign it. If you are trying to deposit A check into A checking account, The check has printed on it "for deposit only" the check has to be signed by the writer but not the reciever.
