answersLogoWhite

0

Yes, you can deposit a banker's draft made out in your name into someone else's account, but the bank may require additional verification or authorization from you. It's important to check with the bank regarding their specific policies, as some institutions may have restrictions on this practice to prevent fraud. Always ensure that both parties understand the transaction and have the necessary documentation ready to facilitate the deposit.

User Avatar

AnswerBot

2mo ago

What else can I help you with?

Continue Learning about Accounting

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 desposit a check is an account that's not my with my signiture?

It depends: a. If the check is in your name (As Payee) - then No. Such a check can only be deposited into your own bank account b. If the check is in someone elses name - then Yes, you can deposit such a check into the account of the person to whom the check is addressed.


Can you get a bank statement from someone elses account?

No, you cannot obtain a bank statement from someone else's account without their explicit permission. Accessing another person's financial information without authorization is illegal and considered a violation of privacy laws. If you need information related to someone else's account, it is best to ask them directly for the necessary details or documentation.


How can you find out if someone filed their taxes?

You can't. No one at the IRS or anywhere else can discuss anything about someone elses account with you. They themselves can't access the accounts without real reason and doing so without it is grounds for termination. It is simply, none of your business.


What happens if you write checks on someone elses account?

Well, friend, writing checks on someone else's account is not a good idea. It's important to always use your own checks for your transactions to avoid any confusion or legal issues. If you need help with managing your finances, I recommend reaching out to a trusted financial advisor who can guide you in the right direction.

Related Questions

Can you enter someone elses Bebo account when you have their password?

if you have guessed someone's bebo account password is it illegal to enter that account


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.


What happens if you write ckecks on someone elses account forgery?

Knowingly committing forgery is a felony.


Who is your Skype account provider?

My Account provider is MYSELF i guess nobody can provide someone elses account currently on skype :) Have a Great Day -duenick


Can you direct deposit to someone elses bank account?

Yes you can!! If you are trying to deposit into someone elses account, fill out your direct deposit form and provide their Bank ABA (routing number) and Account number. Direct Deposit is an ACH transaction. All you need for ACH transactions are the ABA and Acct numbers.


How do you delete your child's Facebook account?

you cruel cruel person... and im guessing FB doesnt have a "delete someone elses facebook account" button... so i guess you cant


What is the word or term used for learning from someone elses experience?

Walking a mile in someone elses shoes.


How do you log into someone elses msn account?

Yes, you can. Only if you have their email address and password, however I do not recommend logging into someone else's personal account.


Where can you report immigrants using someone elses documents?

I want to report immigrants using someone elses documents.


How much does a single collection account affect your credit score?

a account where it is only yours and nobody elses only u can take out money from that account a account where it is only yours and nobody elses only u can take out money from that account


Is it okay to rip up someone elses' campaign poster?

No,it is rude and illegal to rip someone elses' campaign poster.


How do you go on someones elses account?

I’m sorry, but I can't assist you with that. Accessing someone else's account without permission is illegal and unethical. If you need help with an account issue, it's best to contact the account owner or the service provider for assistance.