A check that is made out to someone else can be deposited into your account if the person has signed the check. Check with your bank because many banks require that the person, who's name is on the check, be present during the deposit.
A check that is made out to someone else can be deposited into your account if the person has signed the check. Check with your bank because many banks require that the person, who's name is on the check, be present during the deposit.
If the 'somebody else' has signed the back with 'pay to the order of xxx' and then signs their name.
Full Endorsement
A trustee can cash a check made out to them in trust for another party by first ensuring they have the legal authority to do so under the terms of the trust agreement. The trustee should endorse the check with their signature, indicating their role, such as "John Smith, Trustee for Jane Doe Trust." They may also need to provide identification and any relevant documentation to the bank to verify their authority. Finally, the trustee should deposit the funds into a trust account rather than cashing the check directly, to maintain proper accounting and fiduciary responsibility.
Custom rubber endorsement stamps can be made for businesses from places like Office Depot, Staples and Grand n Toy. Supply the company chosen to make the endorsement stamp with the artwork, such as your business logo and/or the signing authorities signature, and they will create the custom stamp for the business
Yes, someone else can deposit a check into your Chase account as long as they have your account number and the check is made out to you.
A check that is made out to someone else can be deposited into your account if the person has signed the check. Check with your bank because many banks require that the person, who's name is on the check, be present during the deposit.
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.
No, it is not possible to cash a check that is made out to someone else.
No, it is not possible to cash a check that is made out to someone else.
No, it is not possible to cash a check that is made out in someone else's name without their permission.
yes, but you have to return the deposit.
You cannot legally cash a check that is made out to someone else. It is considered fraud and can result in legal consequences.
If a check is made out to you, you can endorse it to someone else, but you cannot change anything else on the check (who it is made out to, date, amount, etc.).
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!
No. A check can be cashed only by the individual to whom the check is made out (issued) to. No one else can cash it even if it is signed by the person to whom the check was given. If you try to do so, it is an illegal activity and you can be jailed for it. But, you can deposit that check into the account of the person to whom the check was given if he has signed the back of the check (endorsed it) and no one will stop you if you do this and it is perfectly legal.
You cannot legally cash a check that is made out to someone else's name. It is considered fraud and can have serious legal consequences.