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Can you endorse a check payable to you as trustee under a revokable living trust over to you as an individual and then deposit it in your individual bank account?
Wiki User
∙ 10y ago
no. It must be deposited in an account "owned" by the trust. Once in that account, the trustee(s) [i.e. you] can move the money wherever it needs to go ... including into your personal account.
Wiki User
∙ 10y ago
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Can you deposit a cheque in your name into someone elses account?
If you endorse it as payable to them it will usually be accepted for deposit into someone else's account.
Can you endorse a check for someone else to deposit in your account?
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.
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.
Can you deposit your check in 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.
Can you deposit someone else's check in 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.
How does an individual endorse a check made out to their business?
To endorse a check made out to your business you just write for deposit only in the endorsement section on the back of the check.
Can a POA for someone endorse a check for them and then deposit the check into the POA's account?
cAN A poa NAME THEMSELVES AS A BENEFICARY
What must you do to deposit a check?
First, open a checking or savings account at a credit union or bank. Second, fill out a deposit slip. Third, endorse the check (sign it on the back in the area reserved for endorsement). Last, have the teller deposit the check in your account. You may be able to endorse the check and mail it in for deposit. Ask you bank or credit union about their procedures for that. If you do mail a check for deposit, include the phrase "for deposit only" along with your signature in the endorsement.
Can I deposit a check payable to me to someone else's account if I have no checking account?
people are using electronic bankingYes. Here's what you do:Make out the check to yourself.Sign it.On the back, endorse it this way:FOR DEPOSIT ONLYINTO ACCOUNT NO. [write your account no.]AT [write name of Bank]NOT TRANSFERRABLE[sign your signature here]The reason you endorse it this way is to prevent anyone from stealing the check.Then give this check to your helper along with a deposit slip for the destination account. They should then go through the drive-through or to a teller and have no problem depositing the check.
How does obe person deposit a check made out jointly to two people?
If the acount is held jointly by both parties, either person can endorse the check and deposit it. If the account is only in the depositor's name, then both parties have to endorse the check. Check with your bank for the correct information.
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).
What could be a good sentence with the word endorse?
I will endorse my candidate as long as he continues to breathe. She can endorse her paycheck and deposit it in the bank.
