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Paying in cheque made out to someone else!

 
 
dave
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      08-23-2005, 11:53 PM
Nothing devious. My lad has been give a cheque for some part time work he's done
- but he doesn't have a bank account. He's reluctant (understandably) to ask for
cash payment now he'd been given this cheque. Can I pay it into my account and
give him the cash? ie Is it possible for me to pay *his* cheque into my account
if, say he countersigns it (or whatever needs to be done.) Does he need to be
present when I pay it in (if payin is even possible)?
Thanks

 
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Fred Smith
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      08-24-2005, 05:53 AM
dave wrote:

> Nothing devious. My lad has been give a cheque for some part time work he's done
> - but he doesn't have a bank account. He's reluctant (understandably) to ask for
> cash payment now he'd been given this cheque. Can I pay it into my account and
> give him the cash? ie Is it possible for me to pay *his* cheque into my account
> if, say he countersigns it (or whatever needs to be done.) Does he need to be
> present when I pay it in (if payin is even possible)?


You aren't suposed to be allowed to do this - so two options spring to
mind. Firstly he opens a deposit account at a building society with a
few quid cash and then deposits the cheque. Not too difficult a
process. Secondly you add him to your account in some way and then pay
it in. You could always revoke his access to your account later.
 
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mrcheerful .
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      08-24-2005, 10:16 AM

"dave" <(E-Mail Removed)> wrote in message
news:(E-Mail Removed)...
> Nothing devious. My lad has been give a cheque for some part time work
> he's done
> - but he doesn't have a bank account. He's reluctant (understandably) to
> ask for
> cash payment now he'd been given this cheque. Can I pay it into my account
> and
> give him the cash? ie Is it possible for me to pay *his* cheque into my
> account
> if, say he countersigns it (or whatever needs to be done.) Does he need to
> be
> present when I pay it in (if payin is even possible)?
> Thanks


Not officially. But sometimes I have written my name above the wrong name
on the check, crossed out the original and initialled it as the drawer,
since there is no fraud intended I do not feel guilty about this and have
never had a problem, although it is probably not legal.

mrcheerful


 
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dave
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      08-24-2005, 11:30 AM
On Wed, 24 Aug 2005 10:16:05 GMT, "mrcheerful
.." <(E-Mail Removed)> wrote:

>
>"dave" <(E-Mail Removed)> wrote in message
>news:(E-Mail Removed).. .
>> Nothing devious. My lad has been give a cheque for some part time work
>> he's done
>> - but he doesn't have a bank account. He's reluctant (understandably) to
>> ask for
>> cash payment now he'd been given this cheque. Can I pay it into my account
>> and
>> give him the cash? ie Is it possible for me to pay *his* cheque into my
>> account
>> if, say he countersigns it (or whatever needs to be done.) Does he need to
>> be
>> present when I pay it in (if payin is even possible)?
>> Thanks

>
>Not officially. But sometimes I have written my name above the wrong name
>on the check, crossed out the original and initialled it as the drawer,
>since there is no fraud intended I do not feel guilty about this and have
>never had a problem, although it is probably not legal.
>
>mrcheerful
>

Thanks. Time was I could call up my bank and ask a human being what to do. Now I
get a machine followed by options, delays, then someone on Mars :-) (If I'm
lucky).

 
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Tim
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      08-24-2005, 12:02 PM
"dave" wrote
> Nothing devious. My lad has been give a cheque for some
> part time work he's done - but he doesn't have a bank account.
> ... Can I pay it into my account and give him the cash?


Is the cheque crossed "Account Payee" ?



 
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Ronald Raygun
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      08-24-2005, 12:39 PM
Tim wrote:

> "dave" wrote
>> Nothing devious. My lad has been give a cheque for some
>> part time work he's done - but he doesn't have a bank account.
>> ... Can I pay it into my account and give him the cash?

>
> Is the cheque crossed "Account Payee" ?


Most are as a matter of course. Does it mean anything? No, otherwise
all those cheque cashing shops simply could not operate.

I understand, probably from one of JB's missives from ages ago,
that the payee can *insist* that the collecting bank attempt to
collect even though the cheque contains technical irregularities
such as having the wrong date or wrong payee or being signed by
"Mickey Mouse". Provided the drawee notices nothing wrong with it,
which they won't unless it's for an unusually large amount or the
account is overdrawn, it should go through OK.

 
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Jonathan Bryce
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      08-24-2005, 01:07 PM
Fred Smith wrote:

> You aren't suposed to be allowed to do this - so two options spring to
> mind. Firstly he opens a deposit account at a building society with a
> few quid cash and then deposits the cheque. Not too difficult a
> process.


Where does he find the utility bills, not including mobile phone bills,
required to prove his identity to the bank?
 
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Rob
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      08-24-2005, 01:11 PM
Just give it a go.

Go to your bank, fill out the paying in slip and pay in the cheque.

It worked for me a couple of years ago. I accidentaly paid in a cheque
meant for someone else into my account by mistake. No one noticed and
the money appeared in my account.

 
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Fred Smith
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      08-24-2005, 02:18 PM
Jonathan Bryce wrote:
> Fred Smith wrote:
>
>
>>You aren't suposed to be allowed to do this - so two options spring to
>>mind. Firstly he opens a deposit account at a building society with a
>>few quid cash and then deposits the cheque. Not too difficult a
>>process.

>
>
> Where does he find the utility bills, not including mobile phone bills,
> required to prove his identity to the bank?


In the past year all three of my children opened accounts - and none of
them had utility bills. The bank (HBOS) used a copy of their passport
(identity) and my details (proof of address), to open an account in
their names. The banks aren't required to see utility bills - it just
forms a part of their screening process.

If the OP's Son is in his twenties or older a bank may require more.
 
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Tim
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      08-24-2005, 02:48 PM
> "Tim" wrote:
> > Is the cheque crossed "Account Payee" ?

>

"Ronald Raygun" wrote
> ... Does it mean anything?


If I remember it correctly, the law changed on this matter in the
mid-nineties.
Previously, there was no statute on "account payee" and it was
unenforceable; but it was then that statute was passed giving specific
meaning to those words.
JB, can you confirm?



 
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