i want to put 100 in my bank acount and keep 60 for my self in cash right their. i have one of those bank acouts where only my mom can withdraw money. does anyone know if i can do that!!
2007-08-16 03:45:40 · 8 answers · asked by MetalHead4Ever44 2 in Business & Finance ➔ Credit
yes you can, just fill out the deposit slip as $160 deposit and $60 cash back, for total deposit of $100
2007-08-16 03:50:14 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Is there some reason you don't want your mother to know you are getting the $60 cash?
You could always just cash the whole check at your bank. Then turn around and deposit the $100.
2007-08-16 11:04:42 · answer #2 · answered by bdancer222 7 · 0⤊ 0⤋
You should be able to. BUT, you will need more than the value of the check in your account for them to do it. Otherwise they would have nothing to deduct from you should the check bounce.
If they won't let you do that at your bank (and give you the old "you need your mom" bit) and if the check is drawn on a local bank, you can cash the check there and then only deposit however much you want into your bank.
2007-08-16 10:54:23 · answer #3 · answered by sortaclarksville 5 · 1⤊ 0⤋
On the deposit slip you can select how much cash you would like out of the deposit. You can deposit 100 and get 60 cash back.
2007-08-16 10:51:02 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Yes, You may need to have your mother present however. You fill out the deposit slip and then enter $60 in cash back.
2007-08-16 10:50:21 · answer #5 · answered by Mike R 4 · 0⤊ 0⤋
Probably not, not unless you get your mom to sign the deposit slip with the $60 deduction listed on it.
2007-08-16 10:51:21 · answer #6 · answered by kj 7 · 1⤊ 0⤋
Depends on your age if you need a parent to cosign for the account.. but yeah you should be fine. Talk to the bank
2007-08-16 10:50:45 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Nope... they will not let you get cash back on the deposit.
That is a very old method tried for fraud, it is does not happen anymore.
(Not that you are trying to commit fraud, just that they dont allow it)
2007-08-16 10:50:50 · answer #8 · answered by Mike 6 · 1⤊ 2⤋