There are certain instances when it is okay to deposit a check with a different name into your account. Dont just let anybody play with your emotions. Thanks for contributing an answer to Personal Finance & Money Stack Exchange! 2Chase SavingsSM Option #1: Keep a balance at the beginning of each day of $300 or more in your savings account; OR, Option #2: Have $25 or more in total Autosave or other repeating automatic transfers from your personal Chase checking account (available only through chase.com or Chase Mobile) ; OR, Option #3: Have a Chase College CheckingSM . If it says "x or y" then only one of you needs to endorse it. It only takes a minute to sign up. App Store is a service mark of Apple Inc. Android and Google Play are trademarks of Google Inc. Browse other questions tagged, Start here for a quick overview of the site, Detailed answers to any questions you might have, Discuss the workings and policies of this site. Choose from our Chase credit cards to help you buy what you need. You can also ask the person to return the funds in cash. Opinions expressed here are authors alone, not those of the bank advertiser, and have not been reviewed, approved or otherwise endorsed by the bank advertiser.

You're an aggressive a-hole :) you probably have mommy issues

It doesn't really matter where the check was written from (aka the paying bank). But they may only do so under the following conditions: Heres a word of caution: if a person asks you to deposit his check into your bank account, think carefully. However, after moving, we can't find a Chase bank or ATM anywhere near us. We don't support this browser version anymore. According to Bank of America, a "nonconforming endorsement" can cause a check to be rejected or returned. Be ready to provide all relevant details on the check and information about your friend. Are they aloud to cash it without my endorsement?

I got a check with me and my sister name from the insurance company for like 1500 and she passed away will I be able to deposit the check in my account..

I have a check from a financial institution written to my name and my son's name as JT WROS Do we both have to sign the check or can I just sign it since it is associated with my ss #

I have a refund check written to 3 parties with an "AND" between each name. Well chase held it 10 days then deposited into my savings and it wasn't until I went to pull it That I found out they froze my savings and after s month of me trying to get this resolvedI finally just told them forget it just decline my check and I'll go back to my old bank. It will not give out funds that you dont have. It's also a hassle if you cannot get a signature endorsement from the other party. As long as the check is signed over to you, there should not be a problem. Someone you know wants to use the check to repay money they owe you. This content is not provided or commissioned by the bank advertiser. 20072023 Credit Karma, LLC. Centering layers in OpenLayers v4 after layer loading. She deposits to her account without me ever knowing. If your friend does not urgently need the cash, he can deposit it in a prepaid account linked to his prepaid debit card. For example, some banks may require the original payee, or the person whose name is on the check, to write Pay to the order of (your first and last name) underneath their endorsement. Opinions, reviews, analyses & recommendations are the authors alone, and have not been reviewed, endorsed or approved by any of these entities. Regions Bank: 1% of check amount $5 minimum to $20 maximum for checks over $25. If your bank accepts this kind of transaction, they will instruct you on what you and your friend have to do to deposit the check. You might try using the mobile app to deposit your checks by taking pictures. Choose the checking account that works best for you. Chase serves millions of people with a broad range of products. Sign your name on the back of the check. Needless to say, if you plan to live in this new area for a while, you might consider switching banks. Make purchases with your debit card, and bank from almost anywhere by phone, tablet or computer and more than 16,000 ATMs and more than 4,700 branches. Does my mortgage company have the right to tell me when I get draws from what my ins company gave me

I have a refund check from a car lease, it has my name AND my father's name on it. Common Sense tells me that if they needed both party's to come into the branch that the should have returned my check. My name is first and then company name

i have a check that has my name and my sisters name on it witch one off us can cash it and were can u cash it at

So, since rent checks on a commercial building are made out to my father "or" myself, I will be able to cash these checks on my own when it becomes necessary? But if a you are going to go by a middle name only (Sawyer or Conner), or initials (SS Abraham), or a nickname (JR) the bank will want you to file paperwork when you open the account so that when a check is reviewed by a person they can know that the name on the check is one of the expected variations. By clicking Accept all cookies, you agree Stack Exchange can store cookies on your device and disclose information in accordance with our Cookie Policy. Pay to the Order of Cash What Does This Mean on a Check? Popular online bank Ally Bank has the same policy. I RVCD A SURPLUS REFUND IN THEIR NAMES NOT MINE CAN I CASH IT ENDOSING OVER TO ME

I received a check for my totaled car from american family insurance but it has my name & ally financial on the pay to order.what do i do now?

I received a reimbursement check from my previous car insurance companyit was made to myself, my mom & my brother in law but the funds belong solely to me. Write "for deposit only" on the back of the check, along with your account number. Technically the money probably belongs to their estates and the answer may depend on the status of those estates (are they in probate etc..). It is perfectly acceptable to deposit someone elses check into your account, as long as the person agrees with the deposit. They just co-signed so I could get approved for the place.

Hi, friend of mine had a car accident on his financed car, so insurance company send him a check with two name on it, one is his name another is a bank name, the Bank is Ally bank that is not located in our state, and when he tried to deposit it, it was impossible! is a wholly-owned subsidiary of JPMorgan Chase & Co. "Chase Private Client" is the brand name for a banking and investment product and service offering, requiring a Chase Private Client Checking account. Someone you know doesn't have a bank account. This often happens when the check states "or" in the payable line. Its never too early to begin saving. Since Corona that's how I do everything. Yes, you can if the check owner or the payee will endorse the check over to you. How did Dominion legally obtain text messages from Fox News hosts? Is it possible to deposit checks into our Chase checking from another bank's ATM? Here are some of the alternatives: The easiest and fastest way is to cash the check in the bank of the person who issued the check. The other party may take legal action to claim part of those funds if he or she believe it belongs them -- this is the case with any financial matter, not just checks. Should I take his death certificate with me, as well?

I'm sorry, can you elaborate on what you mean by "draws"?

Your father would have to sign the back of the check as well. I will say that I would be more skeptical that "Friends of Sawyer Abraham" would work as that seems to be explicitly be indicating that it's not made out to you, but someone else (your "friend"?). But they may charge a fee of at least a couple of dollars. But be aware that some banks, like Bank of America, wont accept a third-party check via mobile deposit, so you may have to go to a physical location and talk to a bank teller, depending on your bank. Is this true and where is Federal law to document such policy

when if the 2 payees are not related? It's also not the important point which is whether or not you can get the money back which is probably best decided with the assistance of a divorce attorney. Weve enhanced our platform for chase.com. I only have a written statement from the apartment owner indicating that the other party is deceased.

You may deposit it into your account, but you'll need a signature from Medicare and Medicaid. We split, she leaves and I refinance in my name only. You forgot to mention the one on the. Correct the name. They have to be deposited and cleared for at least one week before any withdrawal. Site design / logo 2023 Stack Exchange Inc; user contributions licensed under CC BY-SA. You might be able to use a portion of your home's value to spruce it up or pay other bills with a Home Equity Line of Credit. Contact a bank representative with any questions you may have. Chase also offers online and mobile services, business credit cards, and payment acceptance solutions built specifically for businesses. Copyright 2022 CLOUD DROPOUT OR ITS AFFILIATES. Get more from a personalized relationship with a dedicated banker to help you manage your everyday banking needs and a J.P. Morgan Private Client Advisor who will help develop a personalized investment strategy to meet your evolving needs. Credit Karma is a registered trademark of Credit Karma, LLC. Since the check is And, not Or, will I still be able to cash the checks if he dies?

Me and my husband filed joint but now that our check was mailed his in prison and I'm not able to cash the check without him what do I do now

WHAT IF THE BANK ALREADY CASHED THE CHECK? Their endorsement is sufficient. Chase QuickDeposit Securely deposit checks from anywhere. Please adjust the settings in your browser to make sure JavaScript is turned on. Unlike cash, the. If the check fails validation, the transaction will be canceled. This tells the bank that both parties approve of the transfer of ownership for the check. What can I do?

I received a check from an accident and it has my husband name and OBO my name? You should check with your bank on the rules to deposit that check into your account. If the check does not clear and the money is not in the account, the account goes into a negative balance. We can help you find the credit card that matches your lifestyle. Please review its terms, privacy and security policies to see how they apply to you. I just went to an ATM and deposited there and it was available the next day :D

Typically, for insurance claim checks written to you and the lender, you sign the check and send it to your lender. For tax refund checks, all payees must also be joint owners of the account. We've added a "Necessary cookies only" option to the cookie consent popup. We have not decided yet which bank to use. Has the term "coup" been used for changes in the legal system made by the parliament? Escrow refunded check to me and my ex husband after house was sold, but it should all be mine since he has not lived or paid mortgage on the house for 2 years. up to 14 days. How Long Does It Take to Learn How to Drive? Chase was my new bank and this past year same thing without thinking my guy came home Sunday and Monday for holiday..I had him indorse and without thinking did mobile deposit. Open a savings account or open a Certificate of Deposit (see interest rates) and start saving your money. Customers can deposit checks online using a mobile device. Make the deposit. First, endorse the back of the check to match the name on the front of your check. Does Cast a Spell make you a spellcaster? Simon Zhenis the chief research analyst for MyBankTracker and an expert on consumer banking products, bank innovations,and financial technology. J.P. Morgan Wealth Management is a business of JPMorgan Chase & Co., which offers investment products and services through J.P. Morgan Securities LLC (JPMS), a registered broker-dealer and investment adviser, memberFINRA and SIPC. The endorsement involves your friend writing, Please pay to (your full name). Then, he needs to sign his endorsement. It is not legally bound to accept this kind of check. Is quantile regression a maximum likelihood method? Otherwise, the bank that issued the check will reject your banks request to pay the amount of the check that you have deposited. Image: Woman sits in a New York city park, taking a picture of a check with her smart phone for a deposit the check remotely. Can I deposit checks into my credit union into another bank's ATM? Ive complained to everyone under the sun, the bank, the insurance co, the mortgage co., and no one cares! Apple and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. 5. Can you deposit someone elses check in your account through ATM? There will be a similar policy and procedure for business accounts. The bank will investigate if the check was written and issued by its customer, who has the authority to write a check. Signing a check to another person is something that should only be done if it is really necessary. Yes, the same applies to depositing someone else's check through an ATM. If buying a property with a HOA, check the hoa guidelines and what the cover. My first name is Brendan. 3. Be sure to reach out to your bank for specific information regarding deposit limits. Apply for auto financingon a new or used car with Chase. This will avoid you having to wait for the funds to be released, providing you with access to your money right away. User Generated Content Disclosure: These responses are not provided or commissioned by the bank advertiser. What does that mean? Thank you so much for answering my question so quickly.

That is a tough question as the policy for the bank may vary on whether or not they'll accept a check that doesn't specify and/or. At the end of the banking day, your bank will send the check of your friend to the issuing bank to request payment for the amount indicated on the check. California loans arranged pursuant to Department of Financial Protection and Innovation Finance Lenders License #60DBO-78868. Who has to sign the check?

I received a check for my insurance company for a hail damage. Individual consumers are leading this drive. How many days does Bank of America need to clear a bill pay check. Some banks will only accept checks that are jointly made out of two individuals, where one of them endorses it to the other so that this other person can deposit it into his own separate account. Member FDIC. If you have a checking or savings account, youve likely deposited checks made out to your name. Past performance is not a guarantee of future results. If we all present government identificatiom are we able to cash it

if the check does not say and or can either party cash the check? Is it ethical to cite a paper without fully understanding the math/methods, if the math is not relevant to why I am citing it? To learn more, visit the Banking Education Center. Says Pay To with names listed. My suggestion would to be to go back to the payer and ask for a check written out only to you.

I received a check in the mail written to my name and soon to be ex husband. Yes, the same applies to depositing someone elses check through an ATM. Thanks for contributing an answer to Personal Finance & Money Stack Exchange! App Store is a service mark of Apple Inc. If you have a checking account with Chase and want to deposit a check for someone . A person who receives a check as payment has the liberty to do whatever he wants with it. Certain custody and other services are provided by JPMorgan Chase Bank, N.A. Or can I take it to the branch bank of my lein holder?

I have a insurance check with my name on it and the body shop on it. Insurance related services offered through Credit Karma Insurance Services, LLC, which does business in some states as Karma Insurance Services, LLC. Choose the checking account that works best for you. Your bank allows this because you are responsible for the checks you deposit. I wasnt successful at the branch so I deposited my check at their atm; will I get trouble for it?

This happened to me. How can I deposit the check into my account without him being there?

Where you able to deposit the check

I have a check made payable to me & my husband. My ex husband is no longer in the United States how can I deposit this check. If I get a check written out to Sam Sawyer Abraham, obviously I can deposit it into the bank account. We are not contractually obligated in any way to offer positive or recommendatory reviews of their services. Based on the law,it's important tolook at what the check writer put down on the Pay to the order of line. See chase.com/QuickDeposit or the Chase Mobile app for eligible mobile devices, limitations, terms, conditions and details. Learn more about Stack Overflow the company, and our products. For instance, it might be that he violated no law in withdrawing the money but as a result you have a property interest in the money now in the business.

That's complicated. This site may be compensated through third party advertisers. Learn the important difference between and and or as well as how and where you can cash it. Once they find out, it may seem logical to pursue the bank(s). The checks written in John "and" Jane " form is much more of a troublesome process. Didn't notice the mortgage company was on there. Transfer your deposit to the one offered by the machine, even if you have it arranged into an envelope. While many banks accept such types of deposits, they do so in their desire to provide extra service to their customers. Tell the bank the amount of the cashier's check and the recipient's name. Can I deposit the check? It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered. It means there is no need to draw two short parallel lines on the left top corner of the check as a safeguard. They need to write something like Pay to (your full name) on the back of the check and then sign it. I did not sign the checks. It may take a few days to more than a week if the check clears out. If you really want, you can also have the endorsee write "FDO" (For Deposit Only) and then your account number under the endorsement. Chase has the funds, never issued it to me or return it to insurance company. There should be no issue depositing as long as the check's pic is clear. Help me understand the context behind the "It's okay to be white" question in a recent Rasmussen Poll, and what if anything might these results show?
I'm desperate!

Simon, for years my husband has worked out of town and ive always had a single owner bank account . One party cannot be present, so I contacted the complex that issued the check and they said they could not cut another check with "OR" instead. 6. Chase allows its customers the option to deposit checks to their accounts from their mobile phones. Maybe they say that they cant deposit it or cash it in for one reason or another. Suspicious referee report, are "suggested citations" from a paper mill? A wise bank will not accept the check if you dont have enough money in your bank account to cover the amount indicated in the check. (Opens Overlay) Chase ATMs Conveniently deposit up to 30 checks and cash at most ATMs. You can deposit with your phone though Where are there no Chase branches? The best answers are voted up and rise to the top, Not the answer you're looking for? JPMS, CIA and JPMCB are affiliated companies under the common control of JPMorgan Chase & Co. Products not available in all states. So my question is, can I just deposit the check at MY bank instead since I am the second payee on this check? Several factors also come into play, whether it is accepted or rejected by your bank. The check that you will deposit in your account is called a third-party check. You'll have to get the other. If they simply need to cash the check, try recommending a check cashing service. Usually, the bank will tell your friend to endorse the check to you. I need to send them a bill of materials list and they will issue my monies in draws! Do I have action against him?

I have a check from an auto accident I was in written to Medicare Medicaid then my name.. no and or or just three names.. it's my responsibility to pay Medicare n medicaid .. can I deposit it..

I don't have a check. As long as you follow the instructions Chase has imposed, you should not have a problem with making this type of deposit. Will crossing out my ex-wife's name cause problems using my checks? Are there special endorsement requirements for US Government checks to two parties? Someone you know wants to use the check to repay money they owe you. MyBankTracker and CardRatings may receive a commission from card issuers. We will be depositing checks through the ATM and through the mobile app. For a better experience, download the Chase app for your iPhone or Android. It appears your web browser is not using JavaScript. in Health Sciences from Stony Brook University. Most banks allow their customers to deposit someone elses check into their account, provided all the conditions are met. They further indicated it was a federal law and not a bank law. While our articles may include or feature select companies, vendors, and products, our approach to compiling such is equitable and unbiased. Yes. Use a personal check. Site design / logo 2023 Stack Exchange Inc; user contributions licensed under CC BY-SA. Chase isnt responsible for (and doesn't provide) any products, services or content at this third-party site or app, except for products and services that explicitly carry the Chase name. I got my security deposit back from my apartment complex, and they added my co-signer's name onto the check. I use direct deposit for my VA disability compensation payment, which goes directly to my Navy Federal checking account each month, and it usually arrives 1-3 days prior. The Equifax logo is a registered trademark owned by Equifax in the United States and other countries. For questions or concerns, please contact Chase customer service or let us know about Chase complaints and feedback. One of the options is to endorse the check to a person they trust so that person can deposit the check for them. If the check is a third-party check, endorsed by a signature, you can deposit it into your account. So, to recap, can you deposit a check made out to someone else? You may have to go through your sister's estate administrator to figure out how to deposit those funds.

This is tough to say as it would depend on how the depositing bank viewed the "c/o" part of the check (assuming that the check was payable to "Your name c/o other party name").

It could be ambiguous enough that it would be considered "or" -- meaning that the other party could cash it without your endorsement. Make purchases with your debit card, and bank from almost anywhere by phone, tablet or computer and more than 16,000 ATMs and more than 4,700 branches. JPMS, CIA and JPMCB are affiliated companies under the common control of JPMorgan Chase & Co. Products not available in all states. Note that many banks charge a fee for cashing a check if you aren't an account holder there, like the following: Bank of America, Member FDIC: $8 for checks greater than $50. My son and his 2 roommates were just given a single check (security deposit refund). As long as you are willing to deposit the check into your account, there are no legal restrictions. Bonus* It's easier to buy a multi unit than a single family home. See today's mortgage rates,figure out what you can afford with our mortgage calculatorbefore applying for a mortgage. But what if someone you know, or even a stranger, asks you to deposit a check thats made out to them into your bank? Insurance products are made available through Chase Insurance Agency, Inc. (CIA), a licensed insurance agency, doing business as Chase Insurance Agency Services, Inc. in Florida.

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