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Q: Can your boss go into your checking account and check it out if you have direct deposit?
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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 ???


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.


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.


Set up direct deposit for pension?

Whoever is paying your pension will be happy to deposit it directly, if you instruct them to do so and tell them the account number and bank transit number (both of which are on the bottom of your check, if this is a checking account) of the account into which you would like the pension to be deposited.


Is it possible to deposit the SSS check to my BPI account wherein it should be in PNB bank?

You can deposit a SS check in any back account that has your name on it. This only applies if it is a check not already direct deposit.


Can you get a payday loan with a prepaid debit card that has direct deposit?

No, at most loan companies you must have a valid and open checking account because they hold the check as collateral.


How do you change sending direct deposit payroll check to a direct deposit account?

Contact human resources at your employment and request the change.


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.


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 are the advantages of direct deposit?

The advantages of direct deposit are that you don't have to physically go to the bank to deposit your check. Rather, it just appears in your account. There is no physical paper trail either.