HENRY DEEDES watches the US gearing up for... Will ANYONE go to Trump's send off? IOW having someone else pay your mortgage is like getting about 5.5% on your money Remember that in our fictitious scenario the property appreciated at 3%, which influences the total return. Lockdown could last BEYOND Easter: Good Friday 'is earliest date for gradual easing of restrictions' after... Trump 'wants to ditch the Republicans and start his own Patriot Party' after telling supporters his movement... How Trump's early White House departure has caused a logistical nightmare over the nuclear codes: Military... How petty can you get? Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free - so that you can make financial decisions with confidence. To deposit cash or a check in someone else's account in person, visit a branch of the recipient's bank and complete a deposit slip. Eliminate time consuming trips to the bank to deposit checks. Biden and family arrive in DC on charter plane after Trump REFUSES them government... Biden's big day: Joe will attend mass with Nancy and Mitch at 8am EST, watch J-Lo and Lady Gaga sing before... J-Lo rehearses, the National Mall is set up with Field of Flags instead of people while the National Guard... 'To heal we must remember': Joe Biden and Kamala Harris pray for the 400,000 Americans who have died of... Biden drops the flag on Trumpism... but will the U.S. let him? Now, the good news. Alternatively, you can pay in a cheque by posting it to the bank. Time-Saving. Zelle is also a good option to move money into someone else’s account. Our goal is to give you the best advice to help you make smart personal finance decisions. Can I endorse a check to someone else, so they can deposit it? Bankrate.com is an independent, advertising-supported publisher and comparison service. We are no longer accepting comments on this article. Part of the Daily Mail, The Mail on Sunday & Metro Media Group. It’s also expensive to process. Similar to step #1, you can use your checking account’s online bill pay feature to send a check to the right place. “The check can clear and settle in hours depending on the circumstances,” says Bob Meara, senior banking analyst at Celent, a financial services research and consulting firm. Postal Service (USPS) charges $1.25 for buying a money order up to $500 (so long as the destination is in the U.S.). Step 5. There’s not a rule that says precisely what transactions banks can accept but they have to base their policies on risk.”. While you might feel inconvenienced, you have alternatives — some of which are quicker than depositing physical cash into someone else’s account at a branch. While paper checks are falling out of favor, you can still deposit a personal check into someone else’s personal account. Please make your cheque payable to Santander Consumer (UK) plc.. To ensure your payment gets allocated to the correct agreement please put your agreement number on the reverse of the cheque. All cheques are now processed as digital images, which means you can now pay in a cheque whenever it’s convenient and you’ll get your money much quicker. Putting money into someone else's bank account Watch. 0. reply. If your bank or credit union does NOT offer Zelle - The person you want to send money to, or receive money from, must have access to Zelle through their bank or … Visit your bank now I read something about endorsement, but I dont know what that is. Our editors and reporters thoroughly fact-check editorial content to ensure the information you’re reading is accurate. Pay in cash and cheques made out to you. More than 152 million stimulus payments have been made by the IRS and some people are asking if they can cash someone else’s check amid coronavirus pandemic. “The key question is always: ‘Where did you get that money?” says Marc Trepanier principal fraud consultant, ACI Worldwide. Write "For deposit only" on the back and write the recipient's account number.