Saturday, September 21, 2019
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Vital Checks and Deposit Issues, Webinar

September 26 @ 1:30 pm - 3:30 pm CDT

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Covered Topics

  • Can one customer deposit into another customer’s account? Can you deposit a personal check into a business account?
  • Can you deposit a minor check into his mom’s account? Can you deposit a check made payable to mom into a child’s UTMA account?
  • Can an owner of a business cash a check made payable to the business?
  • Can a business owner get “less cash” of a deposit?
  • Can you put a stop payment on a check made payable to cash?
  • How can a business get “petty cash” without making the check payable to cash?
  • What is a “third party check”? Can we cash or deposit a third-party check?
  • Can an authorized signer, agent or convenience signer on a personal account cash his or her own paycheck against the account? Can an authorized signer get a balance? Take all the money?
  • Do we have to pay attention to the words “VOID AFTER 90 Days”?
  • Can we pay a stale dated item? Can we pay a postdated item?
  • Can we deposit a check made payable to a deceased customer into his or her joint account?
  • Can checks made payable to “The Family of John Doe” go into John Doe’s account with his spouse?
  • Can we open an account with a check made payable to the bank? Can we cash a check made payable to the bank?
  • What does “FBO” mean on a check?
  • How should a person with a POA document endorse a check?
  • Can a check made payable to a person be deposited into the living trust after death?
  • And many, many more…