Once they find out, it may seem logical to pursue the bank(s). Truist: $8 for checks greater than $50. 1. Note - he banks at B of A, and I am not on his account.

Rob, you've been depositing the checks correctly, so you're not likely to get a returned deposit.

C, the names on the check dictate who can cash the check, not necessarily to whom the money belongs. 44. Don't run to big name lenders, check with your local lender first. Good luck.

In many states, the mortgage company can't apply excess to a payment. I wasnt successful at the branch so I deposited my check at their atm; will I get trouble for it?

This happened to me. You might be able to use a portion of your home's value to spruce it up or pay other bills with a Home Equity Line of Credit. Credit Karma is a registered trademark of Credit Karma, LLC. And then sign it below the written statement. It is not legally bound to accept this kind of check. Applications of super-mathematics to non-super mathematics, How to choose voltage value of capacitors. Yes, all major U.S. banks, including Chase and Wells Fargo, allow you to deposit someone elses check in your account. Since Corona that's how I do everything. J.P. Morgan Wealth Management is a business of JPMorgan Chase & Co., which offers investment products and services through J.P. Morgan Securities LLC (JPMS), a registered broker-dealer and investment adviser, memberFINRA and SIPC. It's pretty simple, actually. Someone you know wants to use the check to repay money they owe you. Many offer rewards that can be redeemed for cash back, or for rewards at companies like Disney, Marriott, Hyatt, United or Southwest Airlines. The best answers are voted up and rise to the top, Not the answer you're looking for? Some banks may not allow you to deposit or cash a check made payable to someone else (a third-party check) while others may have special requirements youll need to meet. It may take a few days to more than a week if the check clears out. A stranger may be trying to scam you out of money. A wise bank will not accept the check if you dont have enough money in your bank account to cover the amount indicated in the check. Yes. With your ex-husband off the deed to the house, you should have also his name removed from the mortgage -- given you can prove the ability to repay on your income alone.

i got a refund check from my mortgage co. for an overage in the escrow.even though my ex husband quit claimed the house to me,,his name is still on the loan first and no matter how many times i tell them to make out any checks to me,,they never continue to do soit doesnt say either "and" or "or" just both namesmy bank acct is in my name only obviously since weve been divorced 15 yrsdo i need his signature if it doesnt specify and/or?

Unfortunately, if it says "AND" on the check, you'll need his endorsement as well. (Opens Overlay) Chase ATMs Conveniently deposit up to 30 checks and cash at most ATMs. Chase's website and/or mobile terms, privacy and security policies don't apply to the site or app you're about to visit. Choose the checking account that works best for you. Footnote. We would like to open a joint checking account at a bank in the USA. Please review its terms, privacy and security policies to see how they apply to you. Opinions, reviews, analyses & recommendations are the authors alone, and have not been reviewed, endorsed or approved by any of these entities. Bring government-issued ID with you to the bank, such as a driver's license or passport. There may be a delay in funds availability due to bank verification. Whether you choose to work with a financial advisorand develop a financial strategy or invest online, J.P. Morgan offers insights, expertise and tools to help you reach your goals. When we have checks that we want to deposit, can we use the ATM from another bank to do that? That way you don't even have to mess with a check or involve your ex at all.

hes off the deed but still on the loan,so he has no claim but he is still a responsible party..apparently a quit claim only does that..the only way to get him off is to refinance or sell..believe me,,ive tried to get him off .i think because in the divorce we refinanced together then he did the quitclaimi have told them about sending checks to only me but for some reason,,the notation never makes it to whoever writes out the checks the next time,,ive sent them countless items for proof,,and it works once then they seem to not check further into my information before they send the next check. Chase Auto is here to help you get the right car. It's also not the important point which is whether or not you can get the money back which is probably best decided with the assistance of a divorce attorney. Past performance is not a guarantee of future results. Connect and share knowledge within a single location that is structured and easy to search. Plus, get your free credit score! Can I deposit someone else's check in my Fifth Third bank account? The lender will cash that check and pay the repair shop (through which you get a repair estimate) directly to have the vehicle fixed.

It may vary, so you'll have to contact the lender to see what their procedure is for insurance claim checks.

I receive a check from insurance since I crash. check is cleared with the endorsers bank. They have to be deposited and cleared for at least one week before any withdrawal. Did you get this settled?

MOTHER AND SISTER ARE ON THE MORGAGE PAYMENTS. We have not decided yet which bank to use. I can't get a new check because they cashed it and are holding my funds. ?

You should be able to deposit the check into your account without issue. The banks will accept the check if it has a For Deposit Only mark. 7. Can they do this?

If it's a close family member maybe get a power of attorney for them?

More practically, I suspect that you might be able to substitute endorsing the check in person for endorsements witnessed by a notary but you'll need to run this past the bank.

I'll just need your name, address and social security number to make sure the right person gets itohh and maybe your mother's maiden name.

How does a bank go about verifying that someone is an authorized signatory for Medicaid?

Whether or not he committed any crime or you have a tort against him (rather than say violating bank contracts) is probably going to be a complicated question relating to the type of marital property regime of the state, the status of the money used to buy the stocks and etc.. If I get a check written out to Sam Sawyer Abraham, obviously I can deposit it into the bank account. Can they do that? You'll need the recipient's. Here's some more info: My credit union (Direct Federal Credit Union) allows deposits from any ATM in the NYCE Shared Deposit network in Massachusetts. Deposit cash at the bank The most basic way to move money into someone else's account is to walk into the bank and tell the teller you'd like to deposit cash. Not helpful. Says Pay To with names listed. Chase gives you access to unique sports, entertainment and culinary events through Chase Experiences and our exclusive partnerships such as the US Open, Madison Square Garden and Chase Center. Unlike cash, the. Endorse (sign) the back of the check or checks you wish to pay in. Check with the procedure to be followed by your bank. Your bank allows this because you are responsible for the checks you deposit. Is there anything I can do? When our tax returns(joint) come i would just deposit them after he was home for a sunday visit to sign and usally my past bank would hold the check for 10 days then release funds. Product name, logo, brands, and other trademarks featured or referred to within Credit Karma are the property of their respective trademark holders. She doesnt have a bank account. My experience is that banks will accept all kinds of variations. (Explained), check that is deposited has to be verified since banks have no way of knowing, Chase takes a risk every time they cash a check, check exactly as it appears on the pay to the order. For questions or concerns, please contact Chase customer service or let us know about Chase complaints and feedback. Deposit the check when prompted to do so. Editorial Disclosure: This content is not provided or commissioned by the bank advertiser. I no longer want to use this shop.. also I don't have the deductible to pay, Can I cash this check

Which mobile app will allow me to deposit a check with both mine and my husband name on it

If you have a 2 party check can you sign with 1 party and write "Endorsement by Accommodation" and deposit the check?

I also have a cashiers check from Wells Fargo made to my husband and my son . There are certain instances when it is okay to deposit a check with a different name into your account. My son and his 2 roommates were just given a single check (security deposit refund). She has signed the back and endorse the check to me, does she need to be present when depositing it to my own account? Weve enhanced our platform for chase.com. All Rights Reserved. Can I deposit a check with a different name with chase? Simon Zhenis the chief research analyst for MyBankTracker and an expert on consumer banking products, bank innovations,and financial technology. For checks issued by government agencies, you'd have to contact them for a reissued check.

Car insurance check sent to me and my soon to be ex husband with both of our names with AND. Uses: Savings accounts can be good places to put cash that you need ready access to for bill paying or emergencies.Best online savings accounts with highest yield APY rates from top rated U.S. banks: Capital One 360, USAA, Discover, BBVA, Chase, and Bank of America. It is for protection of you the customer. Please adjust the settings in your browser to make sure JavaScript is turned on. Can You Buy Something with a Visa Gift Card and Return It for Cash? As long as the check is signed over to you, there should not be a problem. Sign with both then. Compensation may factor into how and where products appear on our platform (and in what order). If they indiscriminately release money left and right, they will go bankrupt fast. Will crossing out my ex-wife's name cause problems using my checks? What route should I go in this situation?

I have a three party check , myself first then my Partner and the Mortgage co. Do we all have to sign it or can two of the three sign it?

What if it has two names with a slash (/) but doesn't say "and" or "or"?

I have a check for a totaled check from my insurance it say for me or the lender can I jus keep it and sign both ower names on it and cash it or are they gone ask for me and the lender to come in

Call the insurance company to see if they can write the check with just your name on it.

Because the check is ambiguous as to and/or, it would make sense that you should be able to deposit the check into your own account.

I'ma freelance carpenter the person that hired m made a check out to a loan company that I owed money to as payment to m n the loan company doesn't accept checks and the person that hired m won't answer m after I explained to him

I'm having same problem.what did u end up doing?

I still don't know if I'm able to cash my check. If the check does not clear and the money is not in the account, the account goes into a negative balance. Is there a way to remedy this so she can cash her half without having to call the irs and ask for another check in her name only?

I have a check payable to A "and" B, A can not be present at the bank cause he is out of the State. Since refund checks from joint tax returns are paid out to both filers, youll have to follow your banks policy on check deposits that contain multiple payees (each bank has its own policy).

I refinanced my home and was paid out escrow but the check is made out to me and the other borrower who is now dropped. Securely close it. If you have specific questions about the accessibility of this site, or need assistance with using this site, contact us. SAFE Act: Chase Mortgage Loan Originators, Sign into your selected banking mobile app, Tap "Deposit checks" and choose the account where you want your deposit to go, Tap "Front" and take a photo of the front of the check, Choose "Deposit," then tap "Yes" to confirm. How does online check deposit work?

I have a similar situation as carrie. Otherwise, any party named on the check can deposit it into his or her individual bank account. Choose from our Chase credit cards to help you buy what you need. You'll have to get the other. What happens if I deposit a check with a different name? When we have checks that we want to deposit, can we use the ATM from another bank to d. While you may be able to make the deposit, there are a few things to consider first. When you deposit a friends check into your bank account, it will undergo a certain process before funds are credited to your account and consequently released. 43. To be eligible for a mobile deposit, you typically must have a checking or savings account with the associated bank. How to react to a students panic attack in an oral exam? Certain custody and other services are provided by JPMorgan Chase Bank, N.A. It's for an Insurance Claim. Please review its terms, privacy and security policies to see how they apply to you. Why cant the standard within payee endorsement work?

Capital one definitely is strict when it comes to 3rd party checks. What if the check bounces for whatever reason? You think that will be fine?

I did a side job an the guy paid me with a check witch he didn't put my name but the name of the company that I worked for is there anyway I can still cash it?..

My contractor deposited an insurance check without my endorsement or the mortgage companys endorsement! If you have a checking or savings account, youve likely deposited checks made out to your name. The option to deposit your check through mobile deposit may help save you some time and a trip to the bank. To be sure, I suggest that you confirm it with a teller when you go to deposit the check -- do not deposit the check at an ATM.

I received a state check for refund from Maryland the check does not say "and" nor "or". It all depends on your banks policies. They all have different sets of policies on how they do this. For example, some banks may require the original payee, or the person whose name is on the check, to write Pay to the order of (your first and last name) underneath their endorsement. Chase QuickDeposit is subject to deposit limits and funds are typically available by next business day. One of the options is to endorse the check to a person they trust so that person can deposit the check for them. My bank would not let her sign it over to me. Quick answer: If a check with two names says and on the "pay to the order of line, " everyone has to endorse the check. Thank you! It's a family member, and the deposit itself was my money. Otherwise, any party named on the check can deposit it into his. The check does not say "and/or". The rules can vary by bank, so it is best to ask your bank for their policy.

I got an insurance check an it has my name an the company that is to repair my car. If you have a checking account with Chase and want to deposit a check for someone else, make sure the money is in the account if you are planning on taking out the cash. Ex husband took check and deposited it all.

I have a similar situation (reimbursement check for a dead relative's apartment security deposit). While our articles may include or feature select companies, vendors, and products, our approach to compiling such is equitable and unbiased. Browse other questions tagged, Start here for a quick overview of the site, Detailed answers to any questions you might have, Discuss the workings and policies of this site. Individual consumers are leading this drive. Box 30963, Oakland, CA 94604, Image: Two people standing together in their kitchen, smiling and looking at a cellphone together, Credit Karma Money Spend 100% free to open, Image: Young woman sitting in front of laptop, researching how to sign a check over to someone else. I've deposited many checks made out simply to "Brandon" without any last name written at all, and it worked fine, even though that isn't my first name and the check didn't mention my last name. They don't want to mail the check around. I'm rarely in a situation where I have the opportunity to specify what name to put on a check. Handling a Spelling Mistake Each bank, and even individual branch offices of larger financial institutions, follows different check-cashing and identification policies. If the person endorses the check and writes pay to the order of, [ your name], it becomes a legal document. Note: This activity is illegal and against the law. If you have any questions, feel free to visit a Personal Banker in any of our banking locations during normal business hours. Or can I take it to the branch bank of my lein holder?

I have a insurance check with my name on it and the body shop on it. Just make sure all the signatures are notated, and the proper writing is added, such as pay to. "

If it says "and" on the check, then you and your son must visit a branch (bring gov't ID) and sign the check for deposit.

You will probably need to take further steps to deposit that check. I imagine the policy could vary amongst banks. Acceleration without force in rotational motion? rev2023.3.1.43269. Only mortgage activity by Credit Karma Mortgage, LLC., dba Credit Karma is licensed by the State of New York. I think they have one on the moon and two on the ISS. Deposit products provided by JPMorgan Chase Bank, N.A. They will have to write something like Pay to (your full name) and then sign it on the back of the check. It was made out to your friend, but he endorsed it to your name, so you can deposit it to your bank. PTIJ Should we be afraid of Artificial Intelligence? Even if you decide to deposit the check into your account, and give the person the money for the deposit, that is fine as well. 1 ex-roommate lives in Hawaii, the other 2 in Maryland. If depositing in-person, fill out a deposit slip. Can you deposit someone else's check in your account through ATM? If your friend does not urgently need the cash, he can deposit it in a prepaid account linked to his prepaid debit card. Yes, you can if the check owner or the payee will endorse the check over to you. Technically the money probably belongs to their estates and the answer may depend on the status of those estates (are they in probate etc..). Is quantile regression a maximum likelihood method? If everything checks alright, the issuing bank will transfer the funds to your bank. But be aware that some banks, like Bank of America, wont accept a third-party check via mobile deposit, so you may have to go to a physical location and talk to a bank teller, depending on your bank. See chase.com/QuickDeposit or the Chase Mobile app for eligible mobile devices, limitations, terms, conditions and details. They should have no problem with known variations on a name: Samuel, Sam, Sammy; Michael, Mike; William, Will, Bill, Billy. What are some tools or methods I can purchase to trace a water leak? Deposit limits may change at any time. You forgot to mention the one on the. Is this true and where is Federal law to document such policy

when if the 2 payees are not related? If it says "or," you shouldn't have a problem depositing it yourself. Centering layers in OpenLayers v4 after layer loading. Visit the branch or find an ATM that offers the relevant service. I only have a written statement from the apartment owner indicating that the other party is deceased.

You may deposit it into your account, but you'll need a signature from Medicare and Medicaid. This site may be compensated through the bank advertiser Affiliate Program. How to Get Cash with Just a Credit Card Number. The Equifax logo is a registered trademark owned by Equifax in the United States and other countries. Check with your bank on the rules first.

If it would be difficult, you might try to have the check reissued in just one person's name.

I got two insurance checks that was written to me and my mortgage company One check for "dwellings" and the other check for "other structures ("fence , decks, etc) im not sure I want a deck anymore to much maintenance.. I've updated the story with a more specific response.

Your answer is very generic when the question was very specific. Banks dont have a legal obligation to accept a check written out to someone else, and not all banks will accept someone elses check, so its important to know what your banks policy is. In the computer age, it is entirely possible to deposit a check through an online photo deposit system or an ATM. To learn more, visit the Banking Education Center. Stack Exchange network consists of 181 Q&A communities including Stack Overflow, the largest, most trusted online community for developers to learn, share their knowledge, and build their careers. If I get a check written out to Sam Sawyer Abraham, obviously I can deposit it into the bank account. Can you deposit a check made out to someone else? Other banks are rather lenient. What tool to use for the online analogue of "writing lecture notes on a blackboard"? Other parties may notknow about the check being deposited without their consent. Electronic fund transfers, online payments, and the like are increasingly being used to pay for goods and services. Bank won't allow son to deposit a VA check payable to his mother into an account that he is on with her without her endorsement, What do US banks look for while processing a check, Depositing the same check after it's returned. Contact your nearest branch and let us help you reach your goals. Get more from a personalized relationship with a dedicated banker to help you manage your everyday banking needs and a J.P. Morgan Private Client Advisor who will help develop a personalized investment strategy to meet your evolving needs. We think it's important for you to understand how we make money. This rule still applies if it is ambiguous whether the check is payable to both parties or either party. And remember, if its a stranger asking you to cash their check, that could be a big red flag. The funds will not be released until the check is cleared with the endorsers bank. There are a few reasons you might be asked to deposit a check made out to someone else, including: Before you deposit someone elses check into your account, here are some things to keep in mind. Image: Woman looking at cellphone to read about the consequences of depositing a fake check. I tried to deposit said check in our joint checking account with the endorsement Deposit to the account of the within named payee. This was denied - bank requires both of us to endorse the check.