In college I worked as a BOA teller and I'm now an Attorney with some knowledge of commercial papers and presentment warranties.
What put me in a difficult position was that the teller could not clearly explain why it was their policy. The endorsement area is typically about 1.5" long and covers the breadth of the check. This site may be compensated through the bank advertiser Affiliate Program. Adding a statement that reads "For Deposit Only in Account Number 0000000000 at the Farmers and Merchants Bank" under your signature ensures that the check cannot be cashed or deposited in another account. I think it would pose a major hassle for BB&T customers who come across checks with multiple payees.
I am trying to find out what Chase Bank branch procedure is for this. Any advice? what can that person whose name was also on the check do?
Ok so apparently a Walmart employee at the Walmart were I purchased my money gram money order deposited the money order that was sold to me to there bank act mobile blank to Wells Fargo so wen I wrote the money order out to myself n tried to cash the money order it bounced in my act and I had to jump thru months of runaround from moneygram to get proff the money order wasn't cashed by me n the directed me bk to wells fargo I fussed with them because I thoygh they told me they didn't collect the funds and wen I went to wells fargo about it the banker told me it was cashed blank as a mobile deposit the day I purchased it n they told me to report it with Walmart now I feel the bank is responsible for this fraud because there was no signature no person name or address it was blank as a mobile deposit that is a big issue about them letting ppl get away with committing fraud with they bank because no other institution would cash a blank money order am I correct
,My husband is in jail and has been since may of 2020 our stimulus check was deposited in his account but it also has my name on the check as well as his the bank is refusing to return the check to the irs and won't give me access to the money even though it has my name on it as will is this legal it isn't a joint account are they allowed to keep the check
,Hello my wifes economic stimulus check was sent to our home address but shes incarcerated in another state and we dont have any accounts with her name on it .I guess the check is worthless and I cannot do anything with it.I have contacted everywhere I could to get a place to cash or deposit it and my own bank I have had for over 20 years will not touch it unless shes with me to deposite it or open an account iam at a loss of what to do .I even tried to get her name on my account and again she has to be physically there to do so.and they told me even if we had a joint account she still needs to be physically there .They told me it's a crime for me to sign a stimulus check because Gov checks cannot be signed over to anyone .I cant do online because I dont have any of her ids here with me If anyone can be of help please let me know my email address trish591238@gmail.com
,On a three payout check what happen if one payee refuse to sign unless he is pay his portion by other means?
,Just went to bank of America to deposit a check into my wife's checking account. I doubt I can get anyone from my mortgage company to show up at my local bank's branch..
Thanks,
Jon
I have that problem I have a stimulus check under my name and my wife and my wife is out of country I can not cash the check
,A check issued as : Mr. X / Mr. Y.. can either Mr. X or. Maybe yall have some advise, I have already went to the police but they are delaying of course? How can I cash a check thats not in my name? What happens if I deposit a check and forget to endorse it with my signature on the back? However, I would still think that they spot check some checks and if you don't sign then as luck would have it, they'll pick your check to spot check. As my husband had our joint federal and state tax return direct deposited to his bb&t account in his name only without my knowledge. First they lied and said new UCC (legal) requirement. Do you happen to know if there was a check made out to the home owner and the mortgage company, but the home owner then decided to pay off the mortgage so there was no lien, could the check then be cashed with the home owner signing the check with the deed to the house? Bank of America requires both parties share an account before they will deposit the check. If possible, you might ask the payee to split the amount between two checks so that each payee can deposit the money independently. Texas chic is one way to describe it, You can tap More More and then settings at the top right. The bank that endorsed the item on the way to the payor bank is notifying the world that they dont want their endorsement to be used against them if the check bounces later. Chase bank doesn't require a credit check to open a checking account. I have a pfa and no contact. You work at a bank and you cant easily explain that? Before you pen your signature, double-check that the name on the front of the check matches the signature on the back. You can just deposit these checks as if they were written only to you. The wheels wont spin properly because they are too tight. Banks don't want to be involved in your personal drama, nor do they want to be sued by one of the payees on an item, so of course they'll reduce risk by making absolutely certain the funds are being used as intended.
,I had an insurance check come for me I was waiting on a check from insurance so i deposited it. We were told the check was issued in both of our names because the intent was that it was to benefit us both?! The check it written on PNC and we're not customers, so we thought we could both go there and cash the check since it was one of theirs. Obviously we can't go to a bank together because he no longer lives in the state and the payer of the check won't issue one in just my name and they aren't willing to change the check to have the word "and" to "or". And should the Bank be responsible for return of money?
,If "and" or "or" is not printed on the payable line of the checks, according to the rules, any one of you should be able to deposit into your account as long as everyone endorses the check. Are they liable for the funds? Wells Fargo endorsed the check and sent it back to me. They will unfreeze my account once it's bn cleared according to them. This involves the person writing your name on the back and mailing it to you. Quick answer: If a check with two names says "and . After the banking person made several phone calls she told me they were going to have to pull some information and do an investigation. Opinions expressed here are authors alone, not those of the bank advertiser, and have not been reviewed, approved or otherwise endorsed by the bank advertiser.
I am not there customer and have no signature on file. By . And now I have proof from IRS and the bank that they were deposited. 3. I never sighn or see anything
No just go to the teller named Mike Hunt.
,She can but the bank will point her to who received the money, YOU. So I can send her, her half of the check?
,Hi about 4 months ago I took out of my mind and wife's investment account 100,000 dollars when the check came it had my name then below was hers. We were both there!! !
,hi,
I've received a check from my home insurance holder for a claim due to water damage on my home, the check was written to me, the adjuster and my mortgage company. I had one check issued Mercury A/S/O the person's name and they missed it. Do both need to sign since it doesn't say or or &?
I work for an insurance company and I have seen many times banks missing that the check was made out to two parties. Yes they have to take reasonable steps to check signatures, but these were not reasonable steps, especcially given the circumstances.
,I am doing a financed home construction project, with periodic draws. ). I am so embarrassed by the whole ordeal and feel like they have wrongfully treated me with the run around and inconsistencies that are being said to me from different people in their department or different departments.
,Ok i just received a tax income for 2016 for state with my ex husbands name on it with mine. Later we transferred funds to my account, which we use for household expenses
,Get a lawyer, you can sue. I have deposited hundreds of checks in my time and never, ever signed the back of one made out to me. What a total PITA.
,About bb&t rules of joint tax return policy. The transfer of ownership for the bank is endorsed by this. Central heating not coming on automatically? 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. Instead of our joint checking account with Union Bank and Trust. signing a signature card or submitting an account application, or by using any of our deposit account services, you and anyone else identied as an owner of the account My wife and I went to the bank, and they verified my wifes signature, but do they actually expect Wells Fargo to be there also? Discover mobile deposit doesn't take large checks ($280) without endorsement, Ally mobile deposit doesn't take any check without endorsement. Your new bank should accept it just fine. You would have to check with your bank to see if they have a similar policy, since Chase may have their own written policies that prohibit this practice. Other times would be just personal checks to two payees, but I would think that those situations are much more easily addressed with a rewritten check.
,Great article. Man these banks playing with peoples needed insurance funds
,I have a scenario where me and my boyfriend rented an apartment together and we had to put a deposit on it. Keep us tuned in if you can -- any resolution to your situation could help others in the same predicament.
,The problem with attorney's is most will DEFEND the "crook", I need a Prosecuting attorney. I emailed them my situation and actually got a reply that they are going to get a status from the Officer I filed my report with. Both of us signed
2. I use For Deposit Only because I mail a lot of my checks. (I almost called their bluff and refused. And yes, the account is in both of our names. I was told to take it to another bank. The most problematic situation I've heard about is when the other payee(s) cannot visit a branch to verify the check endorsements. ?
.Do you have some sort of law to back this up? I left the homeowners insurance policy as is until the next payment comes out of escrow and he can change it. If a bank does not accept a check from a third party, it may be required by law to do so. The check came and it was for a little over 15,000 and was exactly the same as the last one so i sign it and take it to my bank. It would be a hassle to drag someone with you to a branch to deposit a check. When you notify us, we will restrict access to TD Mobile Deposit. A bank sets its own policy whether to accept or reject third-party checks and is not legally required to accept them. If you have a credit card, check with your bank to see if you can use the card to make a deposit. If you endorse it as "for deposit only", then someone else who gets ahold of it can't deposit it into their own account (because you're the payee, not them). Is Chase Bank going to be responsible for the money? Pay the manager Citibank ?
,I just received a very small State refund check. For that matter, no bank will accept that. How to tell a vertex to have its normal perpendicular to the tangent of its edge? Endorst Cancelled. They claim its against the law to do that, so what can I do to get my money? Well before the lease ended my boyfriend and I broke up and he moved out of state.
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