Banking Question

mac1st3 · 25 Sep 2009 at 15:02

Just a quick question for those uin the know of banks.

My brother owes me a large sum of money, and is getting paid from his work in the form of a cheque, We were wondering, is it possible for both him and I to go into my bank, with his ID, bank card etc and put it straight into MY account?

probably a stupid question as I'm pretty sure it'll be a no, but worth asking

E1T5Y · 25 Sep 2009 at 15:04

Im pretty sure it will have to go into the account of the Addressee first and then transfer over, sorry bro

mac1st3 · 25 Sep 2009 at 15:05

E1T5Y said:
Im pretty sure it will have to go into the account of the Addressee first and then transfer over, sorry bro

that's pretty much what I figured :/

Admiral Huddy · 25 Sep 2009 at 15:06

Cheque will have "acc payee only" so no.

You used to be able to which was why you had to cross cheques to make sure that no one else couldn't cash your cheque - Cheques are crossed by default now.

peter_hutson · 25 Sep 2009 at 15:06

I think all cheques are now crossed "payee only" so they can't be transfered. Might be worth a try though.

AJK · 25 Sep 2009 at 15:08

Technically I think no, but try it. Go in and ask - if you get a friendly cashier and you both have all the proper ID, you may get lucky.

Alternatively, just pay it into his account, then immediately set up a payment from his account to yours, to take place in 3 days or so (time for the cheque to clear) - banks should be able to do this.

mac1st3 · 25 Sep 2009 at 15:10

cool, thanks guy, hopefully I'll get it in time for next months rent payment to come out (this is money he owes me for last months rent :/)

diverse180 · 25 Sep 2009 at 15:35