Can You Deposit Someone Else's Cheque into Your Bank Account?

Learn why you can't deposit someone else's cheque into your bank account and what to do instead.

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No, you cannot deposit someone else's cheque into your bank account. Banks require the account holder's name to match the name on the cheque to prevent fraud. Instead, the person named on the cheque should deposit it into their own account.

FAQs & Answers

  1. Can I deposit a check made out to someone else? No, banks generally require the name on the check to match the account holder's name for deposits to prevent fraud.
  2. What if I have permission from the person whose check it is? Even with permission, you cannot deposit someone else's check into your account. They must deposit it into their own account.
  3. What should the person named on the check do? The person named on the check should take it to their bank and deposit it into their own account.
  4. Are there any exceptions for depositing third-party checks? Some banks may allow third-party check deposits with proper endorsements; however, policies vary by institution, so it's best to check with your bank.