Can You Deposit a Cheque Made Out to Someone Else?

Learn the rules for depositing checks made out to another person, including endorsement requirements and bank policies.

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Depositing a cheque with someone else's name on it can be complicated. Banks typically do not allow it without endorsement. The person named on the cheque must endorse it by signing the back and possibly providing a written authorization. Check with your bank for their specific requirements.

FAQs & Answers

  1. Can I deposit a cheque in my account if it's made out to someone else? Generally, you cannot deposit a cheque made out to someone else without their permission. The specific requirements may vary by bank, so it's essential to check with your bank for their specific policies.
  2. What is an endorsement on a cheque? An endorsement on a cheque is a signature or stamp on the back of the cheque that authorizes the bank to process it. The person named on the cheque usually must endorse it for it to be deposited.
  3. Do I need written authorization to deposit a cheque not in my name? Yes, for most banks, you will need written authorization from the person whose name is on the cheque, along with their endorsement, to deposit it into your account.
  4. What should I do if the payee is unavailable to endorse the cheque? If the payee is unavailable, you may want to contact your bank for guidance. Some banks might allow a third party to deposit the cheque with proper documentation, but this varies by institution.

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