can i deposit a check with my name into my bf account with his bank card and if i know his pin and then withdraw the money from his account?
2007-01-23 14:03:46 · 9 answers · asked by Anonymous in Business & Finance ➔ Credit
sure pillaige his account and teach him a lesson for trusting you so much.
2007-01-23 14:07:30 · answer #1 · answered by Anonymous · 1⤊ 0⤋
Well...if the check is in YOUR name why would the bank process it into his account? So if you deposit a check made out to you into his account, assuming he has funds in there to cover the amount, and then withdraw the amount the check is for the bank will not honor it and will charge HIS account for a bad check PLUS the amount you withdrew. But I assume your BF does not have the money in his account to cover the check. If that's the case the most you could take out from an immediate deposit is $100.
Bottom line, don't do it. Open up your own account.
2007-01-23 14:15:49 · answer #2 · answered by douglas l 5 · 0⤊ 0⤋
Endorse the check over to him (both of you sign it).
As soon as you make the ATM deposit, $100 is immediately available for withdrawal (Regulation E). The remainder will have a hold on it until the bank can verify.
2007-01-23 14:10:48 · answer #3 · answered by Anonymous · 0⤊ 0⤋
You can do that. It's your money. The moment the money is deposited, your can withdraw it, or do whatever you want. Most ATM's have limits though, so you can only take out so much money in 20 dollar bills.
2016-03-28 23:38:23 · answer #4 · answered by ? 4 · 0⤊ 0⤋
I'm not sure, but what I do know is that getting caught with someone elses ATM card is punishable by jail time and it stays on your record as robbery. So, I'd be letting him do the depositing and withdrawing, just to be safe.
best of luck
2007-01-23 14:09:31 · answer #5 · answered by Anonymous · 0⤊ 0⤋
With his pin, of course you can withdraw. To deposit, sign your name on the check, and have him sign his.
2007-01-23 14:11:23 · answer #6 · answered by Anonymous · 0⤊ 1⤋
By law you are not allowed to do business on his acount unless you are a signer on his account.
2007-01-23 14:10:36 · answer #7 · answered by Anonymous · 0⤊ 0⤋
he is sofa king stew ped if he let you have his pin. and no, you cannot do business on his account without written permission.
2007-01-23 14:08:54 · answer #8 · answered by Anonymous · 0⤊ 0⤋
yes and yes
2007-01-23 14:09:18 · answer #9 · answered by binda 3 · 0⤊ 0⤋