I have a check in my dad's name but wondering if I can deposit it into my account
2006-12-27 12:58:26 · 20 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
Everyone above is right, he can sign it over to you- BUT - he needs to go to the bank with you to deposit the item. The teller will ID him after he signs the check over to you. The reason is because they have no way of verifying his signature without seeing his identification. With all the fraud that happens these days, banks must do everything they can to protect themselves and their customers. Take him to the bank with you and you'll have no problem.
2006-12-27 13:07:14 · answer #1 · answered by matty.. 4 · 0⤊ 1⤋
It all depends on the type of check it is and if your financial institution accepts third prty chks. Normally they will review your account status before deciding to accept it. Now it is very important to remember that if you do deposit that check into your account you are taking the responsibility for it. This means that if for some reason this check is returned as NSF or stop payment, ect. your account will be debited the amount of the check. If you are familar with the company it is coming from it should be fine, but if you at all feel uncomfortable and you do decide to deposit the check don't spend the funds till about 5-11 business days later. This should be enough time for the check to pay on the other hand. Now goverment checks and insurance check can't be 3rd prty so if this is the case you won't be able to negotiate it.
2006-12-31 12:53:34 · answer #2 · answered by Anonymous · 0⤊ 0⤋
If he signs it over to you then you can deposit it into your account. In order to do this your dad must sign the back "Pay to the order of (your name)" then sign it himself. After that you should sign the check before depositing it.
2006-12-27 13:03:50 · answer #3 · answered by Anonymous · 0⤊ 0⤋
It helps if your name is on the check.
No, if your dads name is on the check, you can not deposit into your account. The banks are funny about this kind of thing, but if he signs it over to you, you're good.
2006-12-27 13:10:03 · answer #4 · answered by csburridge 5 · 0⤊ 1⤋
is this an account you began after your marriage? If no longer, then they'd desire to already understand what your maiden call is. no remember if it quite is a sparkling account,have you ever replaced your call on your drivers license yet? if so, all you could would desire to do is prepare that throughout your teller, and it can be a non-subject. Regardless, depositing isn't lots the situation as is CASHING a verify. i could sign the two final names (hyphenate)on the lower back to ascertain.
2016-12-18 20:14:18 · answer #5 · answered by ? 3 · 0⤊ 0⤋
Yes, you can. But he has to sign the check on the back to endorse it. It would be good if he also wrote "deposit only to the credit of 'your name' " under his own signature.
2006-12-27 13:07:45 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Actually it depends on the type of account you have, how long you have had it and your banks policies.
My old bank use to tell me "NO" and then told me that we both had to go in with IDs, but if I just deposited it into my ATM then it would clear.
Call your banks 800# and ask.
2006-12-27 13:10:28 · answer #7 · answered by Megz 2 · 0⤊ 0⤋
Only if HE signs it over to you on the back of the check.
2006-12-27 13:55:52 · answer #8 · answered by Ambassador Z 4 · 0⤊ 0⤋
Your dad has to sign the check over to you.
2006-12-27 13:53:53 · answer #9 · answered by Santa 2 · 0⤊ 0⤋
Your dad has to sign the check over to you.
2006-12-27 13:01:22 · answer #10 · answered by Mariposa 7 · 1⤊ 0⤋