Can I deposit someone elses cheque in my bank account ?
Rule number 1. When someone hands you a personal check to deposit in your account you must call the bank first and see if the check is good. If the check is no good, and you deposit/cash it you will be hit with a returned check fee. Their bank name will be on the face of the check. Depositing and cashing the check are the same thing. When you cash the check, they will hold funds in your checking account until that check clears. So go ahead and deposit it. If you lose that check anyone can deposit it since the guy endorsed the back. To deposit it in your account, you will have to sign under his name. You can write “for deposit only” “only at -your banks name- bank”. If the check is good – you must call firs to find out – deposit it in your checking.