While more and more financial transactions are taking place digitally, you might still run into occasions when youll receive a paper check. I'd wait a week or two, however, to make sure that the check actually cleared before touching that money. People will also do a blank endorsement when they're depositing a check through an ATM or using mobile deposit. After all, banks have duties to me as well, when I present a duly authorized and endorsed check).

Once again, Santander has to be the WORST. Wells Fargo refused to deposit the check into his long-standing account with my signature, and then only did it reluctantly when I came in person to present my ID. In any event, there are payees listed somewhere so that the bank knows the check is going in the right account (the one belonging to the payee or payees). Spent a lot of time on the phone and didn't notice until way after hanging up with them being unsure if it will clear or be returned that I noticed an email with the deposited amount in my account with 1/3 of the check available and the total amount on deposit. Do Both of Us Have to Sign the Back of the Check? Your financial situation is unique and the products and services we review may not be right for your circumstances. Hold on to the check for several days. what if one of us had died? DO I need a lawyer? They sent the money for the child tax credit into my bank account automatically last month I don't understand why they sent a check this month however I did fix that issue already is there anything that's quicker because right now it could take up to six to eight weeks for Social Security ministration to send my husband a new card please help thanks

My wife signs her check over to me we decided to deposit it in my account it Wells Fargo upon depositing the check that we both signed she wrote paid to the order of and my name the lady says she has to have two sorts of ID but if she has two sets ID she could open an account all right but I said the check should be deposited in my account because it was half my money but she went and had a deposit in her own account but she just made but they deny her a checking account a week later to get a letter in the mail and what happens to the 5,500 check that was deposited in both our names she's currently in Mississippi and I'm in Texas but we deposited the check in Mississippi together but where's my half I can't access it I can't do nothing I don't understand what are they going to do with the check if they're not going to cash it and they do cash it they're not going to give me no money it was half mine

I made my last payment right before I refinance my car so I could get my ex girlfriend off the car. Add a Comment. Does "B" have any recourse?

Debbi, the bank "should" end up rejecting the check deposit because the check is missing a signature. If there is not enough room above the endorsement line for all of the payees to sign, put as many signatures as possible above the line and then continue below the line. First Western Insurance. Body shop endorsed back of it due to the fact that they don't want to be held liable or be responsible in any event my car is driveable and minor damage r&i front bumper and lower grill assy im not leaving my car until parts arrive and they are ready to begin the work to it which would take maybe 2-3 days but require deposit for the parts which where the decision to endorse it and my returning with the deposit. The house was in both names. Truist Online Banking Login | Truist Forgot User ID Forgot Password Don't have an online user ID? Many online merchants sell checks, too. The bank asks you to endorse the check, which means putting your signature on the check, almost always on the back near the end of one of the sides. What a total PITA.

About bb&t rules of joint tax return policy. I also read your previous article regarding the same topic 2 years ago. My ex and I were married during a tax year where my earnings were mistaknely double reported by my employer (this was during a corporate take over). If you are faced with this dilemma, see what hurdles you have to jump through and what you can do to properly deposit your money. 2023 TruStone Financial Privacy policy Federally Insured by NCUA Equal Housing Opportunity Both payees cannot be present at the same branch together, so the bank cannot verify their signatures. User Generated Content Disclosure: These responses are not provided or commissioned by the bank advertiser. They were supposed to keep the money for court costs my ex owed but i guess they ammended it. As agreed and had since jointly filing.

having the same issuse so the auto body endorsed it and u signed it and just deposisted it?

I was issued a 2 party check from my insurance company. Check that all the details on the check are correct and that the check is valid. They refused to cash the check. she is in lockdown due to covid. ACH stands for Automatic Clearing House. What recourse does second party have. Several nationwide retailers, including Costco, Office Depot, Sams Club and Walmart also sell personal checks. Remote deposit capture (RDC) technology helps to streamline and improve the efficiency of one area of bank operations: processing check deposits. To get the best possible experience please use the latest version of Chrome, Firefox, Safari, or Microsoft Edge to view this website. 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. And I laugh and say well I know that's not the reason cause last time the check was for 85,000 more then now. For businesses, the only person who can endorse a check is the companys owner, unless another employee has been authorized to manage the business finances. The three ways to process a check are blank, restrictive, and special endorsements. If the payee line simply reads Bob Smith, Juanita Morales, you should have both parties endorse the check to be safe. If you receive a check, you wont be able to cash it in until you endorse it. If a bank redeposits a check without notifying the customer and it gets returned a second time, most . I have never been contacted again and I get a bank statement every month saying I have 1800. Because everything that was stolen was mine and I paid for it all ( with documentation to prove it) will I be able to deposit that check into my SunTrust account with no issues?.Boy this is a headache.

The house insurance check was made to me and my mom,written as and,she wants all of it,but needs my sig,i wont sign,iis both of us entitted half of it?

I'm having a problem where a check that was written to three people was stamped by one and deposited without the two other's consent or knowledge.

I am out of state early from the lease, no way to get to roomy's bank to confirm my signature, we specifically asked the check be in her name from apartment office, office refuses to cooperate or re-issue even with return of old uncashed check. <link rel="stylesheet" href="styles.dd118d80b4e72a0a.css"> So, what is the correct way to endorse a check? To endorse a check made out to a child who can't yet sign their own name, you should first call your bank or visit its website to understand its requirements. Wells Fargo endorsed the check and sent it back to me. Am I able to deposit it? Staying connected with your local branch is easy. I received an email from the person I spoke with several about a week later and was informed that they could not discuss this matter with me and I would have to contact the issuer of the check (insurance company, who also claims they can't do anything about this matter, even though their website pursues fraud). 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. Find out what ACH stands for, what it can be used for, and the pros and cons of ACH transfer.
"Amber Kel 3 years ago - Of course it only applies to paper checks. This is done throughout the construction industry.

What if one of the payee is my mortgage company from a Home Insurance check? also remaining balance. Its a different case when a check is written to multiple payees because many people encounter problems when they try to deposit these checks. This can include more than two joint payees, such as a combination of an insured person or business, attorneys, a mortgagee, an adjuster, or a lienholder. The check is only good for 6 months and he doesnt get out till dec. Now body shop wants their money, what can i do, I only endorsed my name

Because you probably either have a joint account or the refund is automatically deposited into the account. 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. To do a restrictive endorsement, sign the back as usual, but also write your account number and something along the lines of For deposit only to account XXX.. We went to another branch, and they deposited it, but called us two hours later and said they couldn't accept the deposit and that I needed to come pick up the check. This leads me to the next point of discussion: what to do when you have difficulty with checks that have multiple payees. To endorse a check, you simply turn it over and sign your name on the back. I get different answers when I called the banks to get advice, My mortgage company says this is always how they do it for checks over $20K and its a Freddie Mac rule, although I can not anything about that online. Past performance is not indicative of future results. Furthermore, all payees must go with you to your bank and present a government-issued ID. So last thing she says was my acct was a risk. That may be worth a try before looking for other options.

That surely removes part of the hassle of depositing these checks. Check that the bank in question will accept the check. Only applies to paper checks. Apparently I need to get a signature verification at the bank, then send the check back to the law firm for them to deposit, then have them issue me a new check made out to just me. Links to other web sites do not imply the endorsement or approval of such web sites. I've had the hardest time trying to cash it since my sister isn't talking to me and my fiance since she thinks we owe her money from the check when she never paid us back for handling her part of the rent and utility bills (she's a very selfish girl). 4. You will typically be required to take a photo of the check. They have to mail a paper check with both names and there is no "and, or" just both names separated by a comma. 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 am having the same problem, saying . Next, Ill show you the policies for the top U.S. banks regarding these types of check deposits. They sent the refund check k to her house and she deposited it without my signature and refuses to give me the money even though the payment was made through my bank account without her name what can ido

I had a stimulus check I wasn't able to cash because of the last name being different so my friend took a picture of the check we waited 5 days an her bank didn't approve it so she cancelled it an I took the check to a easy check cash place well I didn't no my friends bank had held the money because a red flag came up now her bank won't let go of the funds an I owe that check place 1400 what can I do??? I've exited the app and face the same thing repeatedly. So good for the person who receives the check. If you change your name or signature, make sure you update your signature card to prevent future problems. Its important if youre doing a mobile endorsement to check that all the details are correct before you hit send..