All Questions
Tagged with endorsement banking
5 questions
0
votes
2
answers
625
views
Can I use a stamp to make mobile deposits for my LLC?
I have an LLC called "MrPeanut LLC." I am currently depositing all checks with a signed endorsement via my bank's mobile app as such:
John A. Smith, Managing Member
For mobile deposit to ...
- 101
7
votes
4
answers
5k
views
Do I have to sign a check with "For Deposit Only" and Account number?
My business processes a lot of checks and I was thinking about ordering one of those For Deposit Only stamps.
If I get it to say with account number:
"FOR DEPOSIT ONLY
00000000"
Is that ...
- 71
5
votes
1
answer
775
views
Is it possible to deposit or cash this check?
I have a check made out to 3 people, with "and" separating our names. I managed to get all 3 to endorse said check but the bank won't allow me to deposit it without everyone present which just isn't ...
- 51
2
votes
1
answer
4k
views
Endorsed check - does everyone have to be present to cash it?
Myself and some old roommates have a security deposit check made out to all five of us.
Do all five of us have to actually be present to cash the check, or can one or more people in the party simply ...
13
votes
5
answers
44k
views
Can a "For Deposit Only" endorsement on a check be changed (canceled) by initialing?
My wife endorsed a small check "For Deposit Only". Then, she crossed the endorsement out, and initialed it. The grocery store refused the check, saying once it's endorsed for deposit only, the bank ...
- 131