On Wed, 4 Feb 2009 17:10:03 +0000,
He he, even if it's for a large amount (above the money laundering regs
stuff) they'll still probably let you pay it in. :-)
My partner was paying in a large cheque of mine into our joint account.
Due to the sum involved and the joint account not paying any interest
the cashier was wanting to get her to open a savings account. It took a
moments explanation that she couldn't open an account with a cheque made
out to someone else. (Although maybe the cashier wanted her to pay the
cheque into the joint account and then immediately transfer it into an
new account in her name. Would that be allowed?)
(The money was only in the account for a few days while the cheque
Which bank? If the cashier at Sue's bank accepts it from her for deposit
then no one will ever look at the name of the payee again, regardless of
the amount. AFAIK that has always been the sole filter for that part of
the cheque. The paying bank is able to question the date or different
numbers and words or the signature or available balance but they have no
ability to know let alone to raise a dispute on the name of Sue's account.
Well, there isn't a reason why I don't want to pay it in. But, unless
the sheep in the next field have opened a secret bank branch, it will
take me about 20 mins when next in town, to go to a bank, queue and
return in the rain/snow to somewhere warm. So, I'd rather not do that if
there was a significant chance that I would only have to repeat it at
a later date.
Yep, I could pop it in the post box - but I would rather hand it over in