2. Write a check. While paper checks are falling out of favor, you can still deposit a personal check into someone else’s personal account. Sure, check fraud is possible. However, checks pose …
If you lost your checking acct due to too many over drafts.. US bank and Wells Fargo does give you a second chance checking however you got to finish an 8 hr class thru Consumer Credit Counselling.. there are number of tehse around teh US, www.cccsla.org is the losangeles one but you can call them for other locations.. they are now called 'by design financial solutions'
How Can I Deposit Money Into Someone Else’S Account? By using a service like Venmo, PayPal or Square Cash you can transfer money easily between friends and relatives accounts. Get a paycheck. Please give a check for that…. Get your money sent to you. It would be a great pleasure if you could add another owner to your profile.
Answer (1 of 4): This is an extremely iffy question. All my comments pertain entirely to the United States. The legal answer is yes. You can send a direct deposit to anyone’s account that you want.
Yes, the same applies to depositing someone else’s check through an ATM. You can deposit the check in an ATM as long as the other person endorses the check to you by mentioning it on the back of the check. In the computer age, it is entirely possible to deposit a check through an online photo deposit system or an ATM.
Having Someone Endorse a Check So You Can Deposit It In Your Account. The exact process whereby someone endorses a check so that you can deposit it into your own account may vary from bank to bank or credit union to credit union. In general, this involves the person writing your name on the back and signing the check.
To deposit money into someone else's bank account, you can send a money order for amounts under $1,000, or a cashier's check for larger amounts.
Your employer and your bank likely have restrictions on depositing your pay into a bank account that doesn't bear your name. However, there are options for setting up payment by direct deposit without a bank account, such as using a prepaid debit card that acts as an alternative to a bank account.
While paper checks are falling out of favor, you can still deposit a personal check into someone else's personal account. Sure, check fraud is possible. Sure, check fraud is possible. However, checks pose less of a threat to banks than cash deposits because financial institutions can trace the money.
The answer is Yes, you can deposit someone else’s check in your account. However, the payee needs to endorse the check over to you. In other words, all they need is to “sign the check over to you” by writing “Pay to” on the back of the check and signing it. It’s important to keep in mind that a bank is not required by law to accept …
Someone else would not be able to set up direct deposit into your account if their name is not listed on the account. However, there are other ways to transfer funds.
Most banks have fraud-prevention measures that won't allow a direct deposit into an account bearing a different name. If you decide to enter someone else's account information anyway, chances are the bank will reject the IRS's direct-deposit request because the name on the refund (yours) doesn't match the account holder's.
Can I deposit money into someone else's account using the ATM? You can withdraw cash from your own bank account either at a bank branch or by using an ATM. However, some banks and other financial institutions don't allow depositing cash into another person's account , so you might call ahead and check before you go.
Can I deposit my tax refund in someone else’s account? To answer this, while there are no IRS rules that specifically prevent you from depositing your refund in someone else’s account, we do not recommend it. Why not? Most banks have fraud prevention measures that will not allow direct deposit into an account with a different name.
The names/owners do not match on the account, therefore it would get returned by the bank. You can have them issue a paper check and endorse it and then have your spouse endorse it before depositing but you won't have any options for direct deposit without opening your own account. 6. level 2. · 2 yr. ago .