My wife and I are the proud new parents of a beautiful baby girl. We had her Christened this past weekend and many of our relatives have given her gifts for the occasion. Many of these gifts were in the form of a check. We would like to deposit these checks in our savings account until we can decide what we are going to do with them. Am I allowed to sign these checks and deposit them into my own account even if they are made out to my daughters name?
2007-03-23 04:04:50 · 7 answers · asked by Louis G 6 in Business & Finance ➔ Other - Business & Finance
My dad does it for my brother, who is a minor.
Usually the bank will ask you to sign your name on the back of the check, then put "parent of a minor".
2007-03-23 04:09:51 · answer #1 · answered by orangekit 3 · 1⤊ 0⤋
If your are just depositing them I dont think you really need to sign them. If you are cashing the check then you might need to sign them. I suggest that you open a new account for you daughter and place the checks into her account.
2007-03-23 11:10:04 · answer #2 · answered by brighton 3 · 1⤊ 0⤋
You definately can deposit them into your own account....the teller/bank will understand. Take along her birth certificate, just in case, but I don't see you having any problems.
I am very surprised that guests at the celebration made checks out to her!!
2007-03-23 13:09:29 · answer #3 · answered by diapercakesbybecca 6 · 1⤊ 0⤋
Of course you can! She is TOO young to sign her name. Open an account in HER NAME, and set up an automatic fund transfer so the account will grow. When the balance gets to a minimum amount, open an IRA for her as a way to pay for post secondary education.
2007-03-23 11:11:05 · answer #4 · answered by WhatAmI? 7 · 0⤊ 1⤋
Yes.
sign your daughters name then your's below it and deposit.
2007-03-23 11:08:37 · answer #5 · answered by Jeff 3 · 0⤊ 0⤋
Why on Earth would someone write a check to a Baby?
2007-03-23 11:16:27 · answer #6 · answered by Anonymous · 4⤊ 1⤋
you cannot do it. but instead you can open an joint account with your daughter and deposit the same
2007-03-23 11:16:01 · answer #7 · answered by jayashree r 1 · 3⤊ 0⤋