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How does obe person deposit a check made out jointly to two people?
Wiki User
∙ 16y ago
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.
Wiki User
∙ 16y ago
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How can you cash a check that is not on your name?
You cannot. A check can be cashed only by the person to whom it is issued. He can either cash it directly or deposit the check into the account that is fully or jointly held by the person to whom the check is issued.
Can one signature deposit a joint check?
If the check says you or the other person. If the check is made out to you and the other person both of you need to sign it.
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.
Can you deposit a cashier's check issued to another person?
yes only if have a license to
What does for deposit only mean on a check?
I means exactly what it says, that the check can only be deposited, not cashed and no cash back on a deposit. An even more restrictive endorsement would be "for deposit only in acct. xxxxxxx". Generally speaking, people use this endorsement to prevent someone from stealing the check and then cashing it out.
How can you cash a check that is not on your name?
You cannot. A check can be cashed only by the person to whom it is issued. He can either cash it directly or deposit the check into the account that is fully or jointly held by the person to whom the check is issued.
Can someone else deposit a check 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.
Can you deposit a check made out someone else?
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.
Is it possible to deposit SSS check into any other bank?
A person can deposit a SS check in an account as long as the account is in your name. The check also has to be in your name.
Can you deposit a tax check in your friends account?
It Depends: 1. Yes you can - If you are a joint holder of his bank account 2. No you cannot - If he is the only holder of his bank account This is because, a check can be deposited only into the account that is fully or jointly held by the person to whom the check is issued. So trying to put your fathers managers check into your account is a crime.
Can one signature deposit a joint check?
If the check says you or the other person. If the check is made out to you and the other person both of you need to sign it.
How do you deposit a check made out to a person and a company?
i need to endorse the check with both the company and my name on it
Can a car dealer cash a deposit check before the contract is completed?
Yes, they can cash a deposit check before any contract is completed. The purpose of a deposit check is to hold a vehicle for a person while they are waiting on the financing to go through.
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.
Can you deposit a cashier's check issued to another person?
yes only if have a license to
How did people deposit a payroll check in the 1960s?
People could deposit a payroll check in the sixties. They did this by going to the bank. They would sign the back of the checks and put them into their accounts. It was similar to how it is done now.
