Stack Exchange Network

Stack Exchange network consists of 175 Q&A communities including Stack Overflow, the largest, most trusted online community for developers to learn, share their knowledge, and build their careers.

Visit Stack Exchange

Questions tagged [deposits]

related to depositing cash or check into a Bank Account or in general deposits kept for various purposes like securing a rental property etc. Additional context specific tags like bank-account, rental-property to be used as appropriate.

1
vote
0answers
67 views

How can I convince my bank to accept deposits without my signature?

My credit union doesn't accept any check deposits without signature endorsement from the recipient. I have a joint savings account with my spouse. They do not accept checks made out to both me and my ...
0
votes
2answers
76 views

UK mortgage, owned house abroad as a 'deposit'

does anyone know if there is a possibility to get a house mortgage in UK, but as a 'deposit' use a property located in other European country with value much higher than what would be required for ...
5
votes
3answers
276 views

Why do banks have daily deposit limits for check deposits with app?

I have a bunch of accounts at Fidelity and use their app to deposit checks on my phone. Each account has a daily deposit limit that is based on a number of factors, but the most important appears to ...
-3
votes
1answer
174 views

How Do I Get Citibank To Give Me My Money?

I was banking with Citibank online back in August. I was a good customer. I never went in the negative and I was very nice to all employees. I have my own business and I receive at least 7 to 10 ...
3
votes
4answers
856 views

How can someone else deposit my unendorsed paychecks?

I am traveling in Europe and I have my US clients send my paychecks to my parents' address in the states. Is there anyway I can get these paychecks deposited? The best idea I have is for my Mom to ...
1
vote
2answers
1k views

Direct deposit personal check into business account

I'm in the process of trying to launch a new start up company but also still working full time for another company. Is it ok to start having my personal paychecks directly deposited into my new ...
30
votes
6answers
6k views

Bank rotation to exploit promotional deposit rates for new funds

Banks in my country often offer deposits with promotional rates for new funds - calculated as funds exceeding amount accumulated on selected date. Now there are several banks practicing such ...
1
vote
3answers
477 views

Spent money from unexpected deposit. Do I have to pay this back?

A check was deposited into my account of 2,500$ I didn’t think anything of it and I used the funds now they’re forcing me to pay it back. My name was forged. I was told, the bank it came from had 5 ...
2
votes
2answers
201 views

What rules govern what a bank must accept for deposit in the US?

I have specific scenario to tee up a general question. I was issued a check from a mail-in rebate program. This check was self-printed. I got a link via email and printed a check on A4 paper at home. ...
4
votes
2answers
165 views

Investing in stocks & shares ISA- when to make deposits?

To start with, let me say that I am very new to investing- have no prior experience of it... Last year, I opened a stocks & shares ISA for the first time (it is a Lifetime ISA), and my intention ...
1
vote
1answer
100 views

Deposit cash into my business from my wife's account?

I have a LLC (let's call it XYZ, LLC) and I am the sole owner and I am going to use the money of the company to buy some assets. However, XYZ doesn't have enough capital to make the purchase. My ...
1
vote
1answer
679 views

Any restrictions on signing a check over to a third party?

In the US : Can I endorse a payout check from an IRA (from a well known institution) to another person? The check will be large, over $10,000. He would deposit it in his bank.
-4
votes
1answer
100 views

Security deposit received back

Do security deposit grow interest and and what if u paid all the repairs they cannot keep your deposit they can’t keep your deposit for nothing if u paid for all the repairs. And u have texts message ...
2
votes
2answers
3k views

Compound daily interest with monthly deposits over x amount of years in excel

This is compound interest calculated daily and topped up with deposits every month e.g Begin with $100, earn 2% interest earned daily even on weekends, and then come month end invest another $100 on ...
0
votes
2answers
519 views

Depositing cash to German Deutsche Bank account in Spain

I am going to stay in Spain and will receive some cash compensation during my stay. Since I already have Deutsche Bank and Norisbank account in Germany, I am hoping to deposit the cash to one of these ...
4
votes
2answers
428 views

What exactly is a time deposit?

I understand the function of a time deposit. You can make a deposit, and you cannot withdrawal (without a fine) for a set amount of time. Really what I'm confused upon is what types of accounts are ...
4
votes
2answers
186 views

HTB ISA/ Lifetime ISA - combining them to use for a house deposit

I opened a HTB ISA with Halifax (paying 3.5%), as soon as they became available in December 2015, and have been contributing the maximum amount since. I then opened a stocks & shares LISA (with ...
3
votes
3answers
155 views

Opening a bank account with cash: How should bills be presented?

I am opening a checking account tomorrow and am planning to deposit $700 that I have in cash to start. It is made up of 30 twenty dollar bills and one one hundred dollar bill. How should I organize it ...
4
votes
2answers
3k views

Cash Deposit to own account Sparkasse Germany, without a card

I just moved in Germany and got an account in Sparkasse. I wanted to deposit some cash on my own account and I don't yet have a card, it's going to arrive later apparently. As far as I gathered it's ...
1
vote
2answers
231 views

If I deposit money as cash does it count as direct deposit?

If I deposit money as cash does it count as direct deposit ? I am asking before I got an offer from a bank if I do one direct deposit within 90 days. Free money is good.
2
votes
4answers
25k views

Cashing a cheque on behalf of someone else

My friend has received a cheque for £35.30 but is very ill and unable to walk to a place where he can cash it. He has asked me to cash the cheque on his behalf but I don't know what the rules of this ...
1
vote
1answer
117 views

Tried to deposit two cheques at an ATM, forgot one of the cheques

Realised just as the machine took the envelope that I was still holding the other cheque, but the deposit amounts that I typed into the ATM specify two cheques. Bank is closed so I took the other ...
0
votes
3answers
26k views

How can I tell if a check has been deposited?

I found an old check in my drawer from two months ago and I can't remember whether or not I cashed it. I typically use digital deposit and don't usually void my checks when I've finished. I'm not ...
3
votes
1answer
1k views

Cash Deposit to Other Person's account Sparkasse Germany

I want to make a payment to a Sparkasse account in Germany. I am currently in Germany but do not have a bank account. Can I make this cash deposit directly from one of the Sparkasse branches?
9
votes
2answers
3k views

Is it possible to deposit checks into our Chase checking from another bank's ATM?

My family uses Chase for banking. However, after moving, we can't find a Chase bank or ATM anywhere near us. When we have checks that we want to deposit, can we use the ATM from another bank to do ...
5
votes
2answers
161 views

Direct Deposit in Shared Account

My boyfriend has asked me to help manage his money. We are looking into opening a new bank account where his checks will be direct deposited into the account and I'll give him a weekly allowance of ...
6
votes
2answers
350 views

Should I try to hedge my emergency savings against currency and political concerns?

I'm planning to save 15% of my income for emergencies. I live in Ukraine and I am concerned that the local currency may not be stable long-term. I'm also worried about the possibility of banks closing....
3
votes
1answer
254 views

Is using WeltSparen safe?

There is a German website called WeltSparen ("world saving" ("saving" in the sense of saving money, not in the sense of saving something from being harmed (like the world in this case))). It provides ...
1
vote
2answers
347 views

Deposit Reclassification

My last statement from a given bank contained the following notice: Deposit Reclassification: Under federal law, the Bank is required to classify our deposits a certain way for regulatory banking ...
1
vote
0answers
82 views

When is a subtenant entitled to have their security deposit returned?

Halfway through last year, I subleased my apartment unit and moved to a new location. I received a security deposit equal to the monthly rate paid by my subtenant. My rental company has informed me ...
1
vote
2answers
108 views

I forgot to put down the number of the loan

I deposited money as a loan payment to the company that has given me the loan under my name. The amount is correct, the account number is correct, and it's under my name. I have only forgotten the ...
1
vote
1answer
55 views

Written Draft Cheque [closed]

A friend has written a draft cheque in my name in US dollars can I deposit it in any bank in the world? Was this legal in form? About how many days is the clearing time? Is there any charges for this ...
1
vote
1answer
170 views

Can eBay work with your bank card

I want to deposit 60$ I have in my eBay account from doing online surveys and such, but ebay only has my debit card number. Will my bank (Huntington) or any bank allow it to be deposited through my ...
0
votes
1answer
1k views

Can I cash or deposit a American Express Travelers Cheque if it does not have my signature at the top?

I am in Orange County California, and I went on a trip with my Aunts & Cousins, all of us exchanged our money at once. We can our money to my Aunt, and she gave us checks with her signature on the ...
0
votes
1answer
3k views

How long does it take for money to transfer into a mastercard?

I have a Sparkasse bank account(Germany) And I have a MasterCard too. And I am able to link both of them on the website, and I'm also able to transfer money from my bank account into my credit card(...
1
vote
3answers
2k views

Calculating Future Value: Initial deposit and recurring deposits of a fixed but different Value

Following scenario: I open a savings account and I deposit 1,000 USD. Now, every year I deposit another 100 USD. The interest rate is 5%. I want to know how much money will be on that savings account ...
5
votes
1answer
123 views

National deposit guarantee schemes

I am just checking this FinTech startup called Raisin (previously SavingGlobal) where they advertise that you can make deposits on banks across Europe. They say, that each deposit is 100% covered by ...
0
votes
2answers
82 views

Why lower the deposit rate if it is already negative? [closed]

The ECB has been lowering the interest rate on its deposit facility, first to -0.1% in June 2014, then to -0.2% in September and eventually to -0.3% in December 2015. But what difference does it make ...
4
votes
1answer
344 views

How would I account in GnuCash for me and another entity contributing to a joint account?

Me and my wife are starting a joint account, separate from both of our accounts. The intent is for both of us to contribute equally to the account and use it for joint purchases. When I make a ...
0
votes
1answer
139 views

Legal Obligations for Forced Direct Deposit

Are employers legally liable if they force their employees to use direct deposit and the system is hacked?
1
vote
2answers
203 views

deposits of post-dated checks in the bank, which the bank will deposit on the deposit date?

Many Israeli banks let their customers give them post-dated checks, which they will hang on to, for an extra fee, and deposit at the deposit date. Does this option exist in other countries as well (...
2
votes
1answer
830 views

If a check was made out to my name instead of my business name, is there some way I can still deposit it into my business account?

I am working as an independent contractor, and my first check was made out to my personal name instead of my business/corporate name, can I sign the check over and consider it as income for the ...
8
votes
6answers
46k views

Are there special endorsement requirements for US Government checks to two parties?

At a bank where I have a checking account in my name only, I regularly cash a dividend check made out to my wife AND me. My wife endorses the check at home and then I stroll down to the bank and add ...
4
votes
2answers
553 views

What payment options are there besides checks and direct deposit?

My employer is planning to require all employees to be paid by direct deposit. A number of our employees are unbanked, and opening an account is not practical. I understand the employer's concern to ...
4
votes
3answers
5k views

Checks made out to multiple parties with 'and'. How can I deposit it with one signature?

I am receiving payments from a lawsuit in my favor, with three other plaintiffs. The payments we are receiving are personal checks, made out to all off the plaintiffs with 'and' joining the names. ...
30
votes
6answers
13k views

What, if any, are the downsides of direct deposit?

After many years, my employer is offering direct deposit. I've used direct deposit before at other jobs. Are there any downsides or cons to using direct deposit?
-2
votes
1answer
224 views

From ACH direct debit to Prepaid card?

I am searching for solution how to be direct debited (ACH) to personal or business bank account where those funds would arrive (deposit) to prepaid card? The solution must meet all three of the ...
4
votes
1answer
152 views

Accepting a deposit into my mortgage from a third party and paying them interest

I'm a net borrower with a variable interest rate mortgage secured against my house. Let's say there is $200,000 owing and I'm paying 5% interest to the bank. It has a redraw at-will facility and I'm ...
7
votes
2answers
5k views

As a regular person, can I perform/simulate a direct deposit?

As a regular person (not a bank or an employer or any such thing), can I take some money I have on hand and perform a direct deposit into a bank account for which I have all the necessary details? ...
0
votes
1answer
455 views

Can personal banking customers use the BMO Harris Bank remote cheque deposit system?

I live in Canada. I notice that BMO Harris Bank offers remote cheque deposit software, powered by DepositEdge, for its commercial banking customers. But I only have a personal banking account with BMO....