Apr 7th, 2005, 01:16 PM
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#1 (permalink) | ||
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Jr. Member
 Join Date: Jun 27th, 2004
Posts: 182
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General banking question (re. cheques)
My friend gave me a cheque that's addressed in his name. Does he have to sign the back, or can I just deposit in my account using an ATM?
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Apr 7th, 2005, 02:51 PM
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#3 (permalink) | ||
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Deal Fanatic
 Join Date: Jul 28th, 2004
Location: Toronto
Posts: 6,699
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Depending on the type of customer you are, the bank might not even take it. Its a 3rd party chq. They'll jsut reverse the chq and send it back to you.
__________________
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Apr 7th, 2005, 10:12 PM
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#4 (permalink) | ||
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Banned
Join Date: Dec 27th, 2004
Location: Mississauga!
Posts: 3,117
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the only time's i've done this was between family members:
Fisher (grandmother with account at scotia) Browne (mom acct at TD) Code:
K. Fisher :arrowd: :arrowd: :arrowd: :arrowd: :arrowd: :arrowd: :arrowd: FOR DEPOSIT ONLY TO THE CREDIT OF S. Browne TD Canada Trust Westdale Mall Acct XXXX-XXX Did the same with Great West Lifeco/Computershare, Dundee Securities, and a cheque from great grandmother's TD account |
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