this is the code for the render ad
Community› Wedding Month Club Boards› May 2012 Weddings
May 2012 Weddings
New Discussion

Need advice on depositing a check.

Tully16Tully16
100 Comments
in May 2012 Weddings
FI's grandmother sent us a check the other day.  We've called her with our thanks as well as sent a TY card and would like to deposit the check.  We are hoping to put it into savings for now.  I have a savings account but FI doesn't (he is still a student) so we agreed that all wedding $$ will be put into my savings for now.  However, grandma's check was only made out to FI.  Does that mean that he needs to deposit the check into his account and then write a check to me for the same amount?  Is there an easier way to do this?  We don't want to set up joint checking/savings until he is done with school next year.  Thanks!
Anniversary
Report Reply to Post

Re: Need advice on depositing a check.

  • Flowerstar1023Flowerstar1023
    100 Comments
    edited May 2012
    He should be able to deposit it into your account after endorsing it (signing the back), but he'll have to be there with you in person to do it since it's in his name. If coordinating your schedules is a problem during bank hours, he could also go to the bank by himself with your account number and name.
    Married since May 12, 2012
    Report Reply
  • AurorasEnvyAurorasEnvy
    2500 Comments
    In Response to <a href="http://forums.theknot.com/Sites/theknot/Pages/Main.aspx/wedding-club-boards_may-2012-weddings_need-advice-on-depositing-a-check?plckFindPostKey=Cat:Wedding%20Club%20BoardsForum:f0ca0bc1-9255-4120-8042-b40e7f3e99c5Discussion:0fedb1c5-d431-40aa-807f-610b47549e1cPost:1feadcce-fa38-4b8c-9e98-030dbf18dbf9">Re: Need advice on depositing a check.</a>:
    [QUOTE]He should be able to deposit it into your account after endorsing it (signing the back), but he'll have to be there with you in person to do it since it's in his name. If coordinating your schedules is a problem during bank hours, he could also go to the bank by himself with your account number and name.
    Posted by Flowerstar1023[/QUOTE]

    <div>This!</div>
    photo trex2_zps7ab4e9b0.jpg
    Daisypath Anniversary tickers
    Report Reply
  • Tully16Tully16
    100 Comments
    Great!  Thank you!
    Anniversary
    Report Reply
  • mandi921vhmandi921vh member
    Eighth Anniversary 2500 Comments Combo Breaker
    What PPs suggested should work :)
    imageDaisypath Anniversary tickers
    Report Reply
  • spalkospalko member
    500 Comments
    He could also cash the check, give you the money then you can deposit the cash into your savings account.
    imageVisit The Nest!
    Report Reply
  • geojam224geojam224
    100 Comments
    My FI is a CPA so he answered this one:

    Have your FI endorse the check on the back.  Once it is signed, you can deposit in whatever account you want. Just don't lose it once it is signed, because at that point ANYONE can deposit it.  That's why you shouldn't endorse any checks until you are ready to deposit.
    May 2012 Nesties March Siggy Challenge: Furbabies imageimageAnniversary
    Report Reply
  • Tully16Tully16
    100 Comments
    Great advice!  Thanks again, everyone!
    Anniversary
    Report Reply
This discussion has been closed.
Choose Another Board
Search Boards