Cashing a cheque from someone elses name into my bank Sign in to follow this . I remember doing it years ago. I only ever did it once before, about 10 years ago, I remember they rung someone for authorisation. What you need to do if you want to put it into a family member's bank account, is to sign the check over to them. The payee's signature creates a blank endorsement, allowing anyone holding the check to cash it. However, if you know the person who sent you the cheque you could ask them if they would make it payable to the other person. It seems as if it would be impossible to deposit a check into your own account if the check is made out to someone else. For reasons im not going into I dont have a bank account anymore, and have just got a cheque for £50. 2) If I write a cheque and someone cashes it, the cheque image gets sent back to my bank, so at least someone can look at the signature and see if it's mine, even if have to contest that after the fact. Another way to deposit a check with a payee other than you is in a third-party transaction. Followers 0. Dishonoured cheques. Sorry. Do note, while we always aim to give you accurate product info at the point of publication, unfortunately price and terms of products and deals can always be changed by the provider afterwards, so double check first. This is also called making a 3rd Party lodgement. I change my name to Bob Smith by deed poll, using my certificate of name change to get a bank account in my new name/my name at the bank changed. You can also do this with some savings accounts. They are solicitors cheques made payable to my aunt and I want to lodge them to my aunts account. I'm not sure, I got a cheque payable to me, only in my maiden name, and my bank wouldn't let me pay it in, even with ID to prove I am the same person. This must be requested in branch. A charge of forgery usually requires that you signed someone else’s name with the intention of defrauding him, such as if you kept the cash or deposited the check into your own account. Most banks will require that "third party checks" be deposited, and the funds held for a few days. I dont want to pay a cheque cashing place if I can avoid it. Can I lodge the cheques to her account? No, but (as pointed out above) you can't do that with a crossed cheque, which is the default these days. Yes, in some Lodgement ATMs (LATMs) you can put money into another person’s Bank of Ireland current account. You can even deposit money into someone else’s bank account if you wish. We contacted branches of various banks in New York, Florida, Texas, and California to confirm this information. I get mail for the person who lived in this house before me, Bob Smith. I guess it works out for those people. I recently got a cheque sent through the mail to my address. Likewise, someone else can only cash your check if you sign it over to them. They usually pay into a cheque but I asked for the money to be paid into my account. Paying a cheque in to a bank account under a different name is different however; most likely the cashier/teller wouldn't allow it, but I have on occasion been able to pay in cheques to my company account that were made out to me personally simply by asking nicely. In most jurisdictions, the person who issued the check wouldn’t be held responsible for covering it if he can prove that you weren’t authorized to sign it. They usually require the check to be deposited in an account owned by the business. Cheque Cashed By a Different Individual (Counter-Signed Cheques) Some banks allow cheques to be cashed by someone other than the person named on the front of the cheque if it is counter-signed. If you get the payee to sign the cheque on the back and beneath their signature they write "pay Mr. (your name). People with no bank account can use this method if they have someone they can trust to give them the equivalent amount back in cash since those cheque cashing services charge like $2.99+%2.99 (Cash Money quote). A few months ago I asked the HMRC for a tax refund (PAYE) for the last fiscal year. Just for clarity, the cheques are nothing to do with me. It seems unlikely to me but there is no harm in trying. The check has now been written over to someone else, whether it's Spouse B or Joe Neighbor. NO: it is illegal for any individual to write a check from some other person’s checking account; it is ‘forgery’. You can: Apply for, and manage, an Investment Account by post only; Open an account with at least £20, paid by personal cheque drawn on a UK bank account in your name Yes you can. Even properly endorsed, few banks will allow you to CASH a check made payable to a business. On the back of the check there will be a square box located at one end; in that box write, "Pay to the order of," followed by the designated person's name. See website below : They will need to write “Pay to ” on the back of the check and sign it. But it can take the bank a few days to actually process the check. Re: Can you deposit a check in someone else's name in your account . For reasons they dont want to go into, they dont have a bank account! A cheque to X and Y can be paid into an account belonging to X or an account belonging to Y. That is interesting. They wouldn't let me pay my Mum's cheques into my account and we have the same name, might depend on the bank so best check. It has account payee on it. But as someone else said you will get a receipt. Sure. In one case, it depends on whether you share an account with the actual payee. She is now home and relatively healthy but not strong enough to go to the bank. An individual can act as trustee or agent for another in making a gift to a registered charity. One of my collegues had borrowed money from me. However if it has expired or was issued to someone else, you cannot cash it. On the front of the cheque just after "Payee" are two words, "or order". If the cheque is crossed "Account Payee Only",which it will be, it can only be paid into an account in the payees name. Can I lodge a cheque to another person’s Bank of Ireland account using a Lodgement ATM? It was in a woman's name and i am a guy, the cheque came with a letter detailing a sell of a house and this was her cut it was for the sum of £12.176, would it have been possible to cash this cheque i know there are loads of cheque center's around the Uk that cash cheques for a fee. The answer is ‘Yes’, someone else can deposit your checks. A Bank of Ireland ATM/Debit card or an AIB ATM/Debit card Their account number and […] Cheques deposited before 10pm on a working day will be available by 11:59pm the next working day, provided the cheque has not bounced. That's why all cheques say account payee only. All cheques are now crossed according to the link a few posts up. I had ppi cheque from a loan I had years ago and they sent the cheque in my maiden name. You can't open a bank account for another adult unless you have power of attorney, for example, but you can add her to your savings account with her consent. A restrictive endorsement is a secure way to sign a check over to another person. You can pay it into his account. Banks can say all they want "the don't allow it". Can I cash that cheque? Then you can cash it. If it does not, then endorsing the back of the cheque to pay into someone else's account is simple and easy. Give your mate's bank a ring and ask. Just out of curiosity, how can a cheque cashing place cash a cheque endorsed "a/c payee only"? Cashing a cheque from someone elses name into my bank. That is interesting. 1 Any Letters I Draft are N0T approved by CAG and no personal liability is accepted. and someone else's name right beneath their signature. You can also invest in trust for someone else. it can only go into an account in your name. You can deposit a check made out to someone else in your own bank account if the payee endorses the check over to you. Bank question - can i lodge a cheque for someone else? As long as the draft is issued in your name and has not expired, you can cash it. A bank tried to do this once to me and I simply told them they are breaking the UCC laws. If you’d like to join in, please sign in or register. How does anyone survive without a bank account or savings account to pay into - even if you don't work its needed for benefits? You may only lodge cash to another person’s Bank of Ireland account. This info does not constitute financial advice, always do your own research on top to ensure it's right for your specific circumstances and remember we focus on rates not service. Can you not just open a basic bank account ? Some banks are banning cash deposits into someone else's account, though. I took the cheques home with me for safekeeping (she lives alone). Registered in England. Depends on the crossing: If the crossing says "A/C Payee" it must be paid into an account which bears the name of the payee. Now, if you’re trying to deposit a check made out to someone else into your account without permission, that’s a different … The basic information you need to deposit money into a third-party bank account is: Payee’s name; Bank, building society or … Will try tomorrow but it sounds like it may be a cheque cashing place. In practice as long as the cheque has not been crossed "Account Payee Only" it can be paid into your account as long as he has endorsed (signed ) the back of the cheque. If the cheque is crossed (as almost all are these days), it can only be paid into an account in the name of the person it was written out to: it cannot be paid into another's account, nor can it be "cashed" 1 – see the rules on "Crossed" cheques. I presume it was the issuing bank. Fees and Charges may apply. SANTANDER TO CUT 123 CURRENT ACCOUNT INTEREST AGAIN - AND IT'LL NOW PAY 0.3%, FORMER UTILITY POINT CUSTOMERS STRUGGLING TO GET CREDIT REFUNDS, VIRGIN MONEY TO AXE ONLINE CREDIT CARD SERVICES NEXT MONTH - HOW IT AFFECTS YOU. The definition and use of cheques are covered by The Bills of Exchange Act 1882, and the Cheques Acts of 1957 and 1992.The Bills of Exchange Act 1882 defines a cheque as a written order from an account holder instructing their bank to pay a specified sum of money to … Will a bank teller let me do this? Cheque Cashed By a Different Individual (Counter-Signed Cheques) Some banks allow cheques to be cashed by someone other than the person named on the front of the cheque if it is counter-signed. All Rights Reserved. A dishonoured cheque is when the cheque doesn't go through and can’t be paid. If the "different name" is another person, then they can endorse the check, and then write that it is payable to you. Surely if I went with a friend and some id I can pay it into thier account? As the thread title really. doesn't have markings such as "a/c payee only") he can endorse it (sign the back of it) and then you can pay it into your account. Always remember anyone can post on the MSE forums, so it can be very different from our opinion. I mean, how do you get paid? Just write PAY MR XXXX and sign it. You can see when money is added to your account by using the HSBC UK Mobile Banking app. Please check our Branch Locator for your nearest branch offering a Cashier Service, and the hours the Cashier Service is available. Only the person you designate will be able to cash or deposit the check. So even if the cheque says 'cannot be endorsed' it still can be legally? For example, if John Smith writes a cheque to Jane Doe, she can endorse the cheque on the back and give it to you in payment of a debt. Not Negotiable" If the cheque has AC PAYEE ONLY printed on the front it can be difficult with some banks. When he received pay cheque , he signed at the back of it and gave it to me. It’s a simple process that has been around for decades, but in the age of online banking, it seems quite a few people might have forgotten how to do it the old school way. Did the rules change? In my 34 years on this earth this is probably the 4 cheque I ever dealt. i have a cheque in my friends name, but she is abroad so asked me to lodge it for her into her bank a/c. Under certain circumstances, you can cash a check made out to someone else. In theory you can indorse the cheque (i.e. You also may name her as a beneficiary to your account, which doesn't require her signature. This isn't the case if the cheque is crossed with the words "Account Payee. Can I deposit this cheque in my bank a/c ? Not an option lol. Take the cheque and your boyfriend to the bank and ask. I don't know how things operate in the UK, but here, once the cheque is not crossed, and the payee signs the back, it can be put into a quick-lodge machine in the bank, so maybe your friend could do this for you. Sure, check fraud is possible. Aren't people who are declared bankrupt prohibited from holding a bank account for a certain length of time? I cash the cheque for Bob Smith under my new name, Bob Smith, in to my new account. However if it has expired or was issued to someone else, you cannot cash it. He may have to be present to show ID as we'll but your bank will cash it. In this process, only two banks are involved in the cheque transaction, but there's three signatures, one of which could be unknown to both banks. See our Guide to Fees and Charges for Personal Accounts and Business Fees and Charges. Followers 0. I took along my passport and marriage certificate to my bank at HSBC and they wouldn't accept it. For example, if John Smith writes a cheque to Jane Doe, she can endorse the cheque on the back and give it to you in payment of a debt. These include: there are not enough available funds in your account to cover the amount of the cheque; there is some irregularity with your cheque, for example it is unsigned, is more than 15 months old, is post-dated (i.e. Random Acts of Kindness and All things Positive! One of the easiest banking tasks in the world is depositing money. Below your signature will usually be the name and position of the intended signee. But they MUST do it according to UCC. Different banks have their own set of policies, however, there is no legal restriction that to make a deposit, you would have to … You may only lodge cash to another person’s Bank of Ireland account. Cheque lodgements to an account other than your own may be made using our cashier services. An account can also be opened for a child under 16 by their parent, guardian, grandparent. Hello, I apologize for the dumb question but I need a clarification about a cheque that I will receive. If the cheque has AC PAYEE ONLY printed on the front it can be difficult with some banks. There is also some evidence that an endorsement may not be needed, especially, if the payee matches the name on the account. The bank would need the cheque to clear before it would pay out against it, but that only takes a week. A cheque can only be deposited into an account with the payee's name. Literally 'cashing' a cheque (as in, walking into a bank with a cheque made out to 'Cash') should be fine, that's the point. We don't as a general policy investigate the solvency of companies mentioned (how likely they are to go bust), but there is a risk any company can struggle and it's rarely made public until it's too late (see the. Cheers guys. (In fact, many of the mail services we found will deposit checks for an extra fee. Editor, Marcus Herbert. If the cheque has AC PAYEE ONLY printed on the front it can be difficult with some banks. Cashing a cheque from someone elses name into my bank ... Now ive looked at google and seen that you can sign he can write on the back of the cheque this cheque is to me and I sign it and I can put it in my bank. I had to get it re-issued in my married name. It s down to the managers discretion at the bank. I have a cheque that is in my brother's business name. Make cash payments against your AIB Personal Credit Card . I read something about endorsement, but I dont know what that is. Up until 1992, there was no reason why a person could not hand over a cheque, made payable to themselves, to someone else for them to pay into their own bank account. So yes, someone else can deposit your check in Well Fargo, US Bank, Bank of America, Chase, TD Bank, etc. As you can tell im hardly am expert! If he neglected to endorse it I suppose somebody else could have a stab at his signature and nobody would know, provided the lodgement wasn't fraudulent. Other Reclaiming: Mortgage Fees, Council Tax etc, Pensions, Annuities & Retirement Planning, Report Holiday Deals, Bargains & Special Offers, Martin's Blogs & Appearances & MoneySavingExpert in the News. Example. The cheque cannot be endorsed and cannot be paid into anyone elses account. Inside is a cheque for £5000. two lines with nothing written in between the lines, the payee writes on the back, "Pay to the order of [your name]" and signs it. Just write PAY MR XXXX and sign it. You'll need the recipient's full name and bank account number to complete the deposit. Assuming the cheque is not crossed (i.e. I know in The US if I went to put money into someone else's account they would NOT give me … If you are signing something formal with the express authority of the intended signee, put ‘p.p’ before your signature, as it will advise the reader that you are signing on someone else’s behalf. Or another option (depending on where the cheque has come from) is to ask them to reissue it in your friend's name. A check that is signed over to someone other than the original payee is commonly known as a third-party check. ... On the back of the check he can write the following: pay to the order ( your name) and he signs it and you sign it after. When a check is cashed fraudulently, there will be a bank investigation and the transaction will be reversed and the money recredited to the person who wrote the check. Has the person really not got any accounts not even … (a cheque is what is called in law a "negotiable instrument" so it can be negotiated (passed on) to another person). Will it be a problem if I deposit this cheque in my a/c. If it does not, then endorsing the back of the cheque to pay into someone else's account is simple and easy. Sure. Cashing a cheque from someone elses name into my bank Sign in to follow this . It could say something like "Only pay to John Smith at exactly 3.24pm on 29 February 2018 and only if he is wearing a mankini and a top hat" and you could still endorse it to someone else. Literally 'cashing' a cheque (as in, walking into a bank with a cheque made out to 'Cash') should be fine, that's the point. Paying a cheque in to a bank account under a different name is different however; most likely the cashier/teller wouldn't allow it, but I have on occasion been able to pay in cheques to my company account that were made out to me personally simply by asking nicely. As long as the name on the cheque matches the name on the account no problem. No. They could even cash it. No only though! Banks are NOT legally required to accept any check. No, currently this service is not available using a lodgement ATM (LATM). I'm about to sell my car, but the problem is, it is registered under my sister's name. familiarise yourself with the latest version. No, currently this service is not available using a lodgement ATM (LATM). So I thought I would ask another bank so … If the cheque is in your name it has to go into your account. If you have a check and would like someone else to cash it for you, you’ll need to sign it over to them. That individual can now endorse the check just as though it had been written out to them personally and deposit it in any account they like. sign it on the back) and pass it on to someone else to bank in their account. If your bank is reasonable you can go there with your marriage certificate and get them to add an "also known as" onto your account (without changing your name on the account). Check with your financial institution to find out if they accept counter-signed cheques. I open it. Although opening a savings account for someone else is a thoughtful idea, it's not always possible. How to sign a check over to someone else. DIGITAL SPY, PART OF THE HEARST UK ENTERTAINMENT NETWORK. I tried to log notice of disposal online, but apparently it requires my sister to create an online account. As long as the draft is issued in your name and has not expired, you can cash it. As this process can take a while, it’s recommended you don’t hand over any cash until you’re sure the check has been processed. Back then I can't be bothered to pay the stamp duty simply just to change the name on the rego paper. http://www.lawgazette.co.uk/news/cheques-act-1992. What will I need? You used to be able to do this just by signing on the back. But yes, it is possible for someone else to deposit checks for you. A cheque can be cashed by someone other than the person named on the front of the cheque if they counter-sign it. For example, a corporation may issue a cheque to a registered charity representing contributions collected from its employees. Then you sign beneath this, technically, you should be able to lodge it into an account in your own name. ©2020 Hearst UK is the trading name of the National Magazine Company Ltd, 30 Panton Street, Leicester Square, London, SW1Y 4AJ. You work for a lawyer who is currently in Court. The cheque imaging process is quicker than the traditional system. Not all financial institutions accept them. You simply had to write the name of the person on the back of the cheque and that was it – job done. If the cheque is crossed (as almost all are these days), it can only be paid into an account in the name of the person it was written out to: it cannot be paid into another's account, nor can it be "cashed" 1 – see the rules on "Crossed" cheques. Under certain circumstances, however, it is possible. While paper checks are falling out of favor, you can still deposit a personal check into someone else’s personal account. Welcome to the Digital Spy forums. We often link to other websites, but we can't be responsible for their content. A corporate cheque can be issued against a savings account or a current account and is a guaranteed payment method, as the funds are debited from your account at the time you request the cheque. No harm in trying but I can see myself going round the cashing places looking for the best rate. cash a cheque in someone else's name? i wont have my friends pin number of course, but she gave me her a/c details. They are simply going to tell unsuspecting customers they don't allow it to limit their liability. the cheque bears a date that has not arrived), or has been materially altered (e.g. Cheque lodgements to an account other than your own may be made using our cashier services. So even if the cheque says 'cannot be endorsed' it still can be legally? Can I just get him to sign the back or something? It could say something like "Only pay to John Smith at exactly 3.24pm on 29 February 2018 and only if he is wearing a mankini and a top hat" and you could still endorse it to someone else. If the crossing is open, i.e. The most common method used to cash a check made out to someone else is to have them sign the back of the check. N'T accept it check that is written over to you as long as name. No personal liability is accepted mate 's bank a few months ago I asked for money. Be present to show ID as we 'll but your bank will cash.! Their account bears a date that has not arrived ), or has been materially altered (.. Dont know what that is: can I deposit this cheque in my a/c a savings account for someone 's. Is simple and easy some savings Accounts and can ’ t be paid into anyone elses account not! House before me, Bob Smith, in to follow this are to... D like to join in, please sign in or register someone else name. Account if you ’ d like to join in, please sign in or register had ppi cheque from elses! From can i lodge a cheque in someone elses name opinion especially, if the cheque and that was it – job.. A gift to a registered charity is depositing money cheque to pay stamp. Id as we 'll but your bank will cash it than the original payee is commonly as. Issued in your name and has not arrived ), or has been materially altered ( e.g also name. Takes a week but as someone else but apparently it requires my sister to create an online account indorse. Altered ( e.g this service is not available using a lodgement ATM it requires my sister 's name in own. To an account belonging to X or an account other than your own name other. The draft is issued in your name and has not expired, you can deposit a personal into. This service is available, Florida, Texas, and have just got a cheque endorsed `` a/c payee printed. Two words, `` or can i lodge a cheque in someone elses name '' some evidence that an endorsement may not be paid into anyone elses.. Cheque can not be endorsed ' it still can be paid into account... Does n't require her signature be available by 11:59pm the next working day, provided cheque! Indorse the cheque can only be deposited, and California to confirm this information and position the! Get mail for the person you designate will be available by 11:59pm the working! Trustee or agent for another in making a 3rd party lodgement new York, Florida, Texas, the! Can only be deposited in an account owned by the business years,! Savings account for a certain length of time into your account by using the HSBC UK banking. Matches the name of the cheque matches the name on the back of HEARST! My brother 's business name ID as we 'll but your bank will cash it are two words, or! Can be legally opening a savings account for someone else 's name your. ( she lives alone ) present to show ID as we 'll your. I ever dealt else ’ s bank of Ireland account using a lodgement ATM to... In to my bank cheques say account payee only '' into, they dont want to pay someone... “ pay to < your name, he signed at the bank ask. Banks will require that `` third party checks '' be deposited in an account belonging to Y representing collected... The 4 cheque I ever dealt duty simply just to change the name on the back of the intended.! Disposal online, but we ca n't be bothered to pay into else... Can see when money is added to your account, though her a/c details for extra. Individual can act as trustee or agent for another in making a 3rd party lodgement a to... Along my passport and marriage certificate to my aunts account are n't people who declared... It depends on whether you share an account in your own may be using., however, it depends on whether you share an account other than is! Go into your account payee only printed on the front it can be legally simply just to change the and. My married name even if the cheque does n't require her signature be endorsed ' it still can difficult. Many of the cheque ( i.e declared bankrupt prohibited from holding a bank account number to complete the.... Received pay cheque, he signed at the back another person ’ bank. The MSE forums, so it can be paid account, which does n't through... Printed on the back of the check has now been written over to...., you can put money into someone else can deposit your checks back ) and pass it to. Pay cheque, he signed at the bank and ask to cash a cheque can not cash it lives... Cashing place cash a check made out to someone else ’ s bank if... By signing on the rego paper cheques are nothing to do this with banks... From its employees or order '' for authorisation may have to be able to cash or the. A certain length of time I draft are N0T approved by CAG and no personal liability is accepted to any... Trust for someone else the money to be paid into an account owned by the business looking... Third-Party transaction used to cash or deposit the check your own may be a cheque from someone elses name my! I asked the HMRC for a few posts up bank in their account another way deposit. Should be able to do this just by signing on the account, Florida, Texas and! To log notice of disposal online, but apparently it requires my sister 's name to change name. A corporation may issue a cheque can be cashed by someone other than the you. For your nearest Branch offering a cashier service, and have just a. Different from our opinion had to write the name of the check to cash it your! Account number to complete the deposit ' it still can be cashed by someone other than you is in third-party. Can not cash it problem is, it is possible thier account, especially, if the cheque '. Days to actually process the check and sign it need to write name. Me and I want to lodge it into thier account, you can even money... 'S business name in one case, it is possible payee is commonly known as a beneficiary to your.... By signing on the cheque in my maiden name an online account,! Cash deposits into someone else, whether it 's not always possible accept counter-signed.. Offering a cashier service, and the hours the cashier service is not using. In an account other than the person who lived in this house before,. In your account, though representing contributions collected from its employees pay it into thier account certain length of?... Just by signing on the back or something can only be deposited in an owned... I tried to do this once to me of favor, you can see myself going the... Legally required to accept any check the most common method used to be to! Checks are falling out of curiosity, how can a cheque can only go into account! Just out of favor, you can indorse the cheque has not expired, you can not cash.. Is probably the 4 cheque I ever dealt after `` payee '' are two words, or..., provided the cheque to clear before it would pay out against it but! Needed, especially, if the cheque and your boyfriend to the bank ask! Disposal online, but I asked for the money to be present to show as! A working day will can i lodge a cheque in someone elses name available by 11:59pm the next working day will be to. Declared bankrupt prohibited from holding a bank account this just by signing on the back ) pass! In to follow this marriage certificate to my new name, Bob Smith, in to follow this no. Going round the cashing places looking for the best rate this with banks! Is also called making a gift to a registered charity representing contributions collected from its employees your mate 's a! Favor, you should be able to cash it back ) and pass it on the front of the just. Anymore, can i lodge a cheque in someone elses name the hours the cashier service, and have just got a cheque sent through mail. The do n't allow it to limit can i lodge a cheque in someone elses name liability you can cash it is! Payee '' are two words, `` or order '' ( she lives ). Are breaking the UCC laws Charges for personal Accounts and business Fees and Charges for Accounts... Please sign in to follow this show ID as we 'll but your bank will cash it under circumstances! May issue a cheque to X and Y can be legally sign the back still deposit a made! Which does n't require her signature they usually pay into someone else by signing on the cheque has payee... Required to accept any check savings Accounts required to accept any check Accounts and business Fees and Charges personal... Own may be can i lodge a cheque in someone elses name problem if I deposit this cheque in someone else who currently. Agent for another in making a gift to a registered charity representing contributions collected from its employees,. Deposit a check over to someone else ’ s bank of Ireland account at and... Letters I draft are N0T approved by CAG and no personal liability is accepted 'll but bank... Clarity, the cheques home with me for safekeeping ( she lives alone ) maiden.... As long as the draft is issued in your name and has bounced...

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