Matt W
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To pay them into your account they would have to be in your name. If they are in his name he would need to open his own account. |
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Daft One
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When it comes to bank accounts, don't ever let anyone use your bank account. Nothing good can ever come of that.
Be wise and make him get his own account. You have to protect yourself even from people whom you think you might be able to trust.
Cheers and be wise |
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Terrence B Knows
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he could just open his own account
you are not helping your "partner" cashing his checks |
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ZURDITA
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I suppose they are made out to his name, therefore, he would have to endorse them on the back side (sign his full name as it appears on the check) and deposit it into your account. AFTER THE FUNDS ARE AVAILABLE you can withdraw the amount in cash and give it back to him... Suggestion: have him open his own account and keep your account separate. A responsible person would want to have his own account to be able to pay for his own bills and not have all in cash in his pocket where cash can be spent faster and bills may get piled up and unpaid !!! Monitor your partner so you don't end up with someone who spends all his money way before the next payday is up. Also, encourage him to save money for the future in a savings account... |
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colesey72
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used to be able to but you cant anymore.....he can have his wages transferred into your account though via bacs...other than that you will have to use cash converter places which charge 7-10%. even then you need id |
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Crazy Diamond
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Make sure it clears first before you pay out. |
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gingerlatic
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not if the cheques are account payee only, he needs his own a/c |
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tweety
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he can endorse the cheques to you to deposit them into your account. As an adult unless he has an extreme fear of banks, he should have his own account. Not to be pestimistic but if you sign him onto your account and give him full access and the realtionship turns sour at some point, he could take everything you have. (not accusing him of being that type of person, just pointing out the possible consequences or problems opening your account to some one could lead to.) |
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Bobbo
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If they're made out to 'cash' |
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RM
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You can lodge a third party cheque once it's not account payee only (look at the parallel lines printed on the cheques, and see what's written between them).
The question is why would you do that....
He's entitled to a basic bank account even if he has a history of poor financial judgement. He can lodge his own cheques to his own account.
Regular lodgements by him to your account could be used to show he was helping pay a mortgage, or rent etc, and could be used against you if you split...
I would never let anyone use my bank account for anything, ever. |
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deborahballard1@btinternet.com
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Matt w has the correct answer |
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Colin C
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The banks don't like accepting third party cheques because it's a way of money laundering.
To be in with a chance, the person writing the cheque needs to cross out the word "a/c payee" and initial against it. You would then need to visit the bank with the person who the cheque was made out to and they will need to provide good proof of ID, like a passport.
If you are going to do this contact your branch first as it is usually at the discretion of the manager.
Failing that, ask your partner to ask the person who wrote the cheque to advise their bank that the cheque has been lost in the post (thus incurring no charge) and ask them to pay the money to your account directly through internet banking. They will need your name, sort code and account number. |
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Jo Blo
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if your partner endorses the cheque, it can be deposited into your account, you'll need to endorse it just below your partners signature |
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SYJ
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If he opens the cheque by signing on the reverse then you can bank the money. He will not be allowed to draw out any money on your account so I think you should both think long and deeply about what this will incur. Are you going to pay him in cash for example. |
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michael o47
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How can he have a cheque book with no bank account for the money to come out of? Would steer clear of this. |
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Drama Queen
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I dont think so,they would have to be made payable to you |
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marc g
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he needs to be on the account to be able to withdraw cash , although anyone can deposit checks or cash into your account . they will not get a receipt though they can ask for one to be mailed to the account holder |
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