You don’t have to visit your credit union—you can go to (almost) any branch that’s available and open when you need it.

Notify me of follow-up comments by email. If you plan to spend all of the money immediately (with cash), you can cheque instead of depositing it. So yes, someone else can deposit your check in Well Fargo, US Bank, Bank of America, Chase, TD Bank, etc. Verify your new account balance before leaving the bank. Deposit with your mobile device: The fastest and most convenient option is to use your mobile device. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.

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0000114517 00000 n 0000015851 00000 n For check deposit through mobile banking, the third person needs to have your login details.

0000119205 00000 n 0000208465 00000 n 0000008313 00000 n 0000016188 00000 n As you can see, there doesn’t appear to be any major enforcement of a post-dated check, so it can just be treated as a regular check for the most part.

You might be tempted to cash cheques at more “convenient” places such as payday loan shops or cheque-cashing stores. But this is possible via this electronic mode. No fixed time, no fixed place; you can submit it whenever you want. How is check deposit done and finally, can someone else deposit a check for me, then how? 0000107808 00000 n If the idea of giving your money to a machine makes you worry—or you’re just not sure how it all works—the following tips may help put your mind at ease.

To restrict the endorsement, sign your name and write “For deposit only to account ###” (use your account number instead of the number signs).

So, how do you deposit a cheque? 0000014391 00000 n 0000170588 00000 n You might need to enter the amount of the payment and verify that the app reads the account and routing numbers on the cheque correctly. Can I deposit cheques?

We understand that cheques aren’t going to go away any time soon though. So yes, someone else can deposit your check … Find the option to deposit cheques and begin the process. Deposit cheques in a snap! 0000011713 00000 n For this answer I am assuming that you have an account in SBI and you have received a cheque in your name and you want to deposit the same to your account. It’s often just as easy to spend money from your current account with a debit card or withdraw cash from an ATM later when you actually need it. 0000004169 00000 n Submitting in the bank: in this method, the drawer validates the check by signing on the check, fill all the important details and visit the branch of the bank to submit it. The person who pays the check mentions information like, date of issue, the name of the person/organization to be paid, the amount etc followed by his/her own signature. 0000116769 00000 n

the person who is trying to deposit check on behalf of someone, should carry the filled and endorsed check to the branch. An advantage of depositing with a teller is that more of your money might be available quickly because deposits with bank employees can clear faster.

0000131247 00000 n There are various paths for doing so. This is typically required even though you’re just adding money to the account—not taking cash.