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by Barkley Hound on September 19th, 2009
If the person endorses the check over to you and you put it into your account I see no problem. You are then responsible if for any reason the check bounces.
Do not let the other person make the deposit. You make it yourself. You can then pay your friend the cash value and hope it doesn't bounce.
₪ ɦəlʞɹɐq ₪
by john pennington on September 19th, 2009
This is a risky transaction for all concerned.
If an unknown person learns the numbers to access this account, not only will she lose her money, but also yours.
I would not trust this setup at all.
Why are you doing this?
by EmptyWallet on September 19th, 2009
No, but you have to list them as "Co-owner" of the account which could be dangerous as they could drain the account.
by Sherri on July 30th, 2009
It's NOT illegal, but I doubt if the bank will let a direct deposit go into an account where that person is not an account holder! I know the IRS refund checks work that way. Why doesn't she just open an account?
What happens to bank accounts without a will?
by Answerbag Staff on March 7th, 2011
| 1 person likes this
Will a bank require you to fill out certain forms, other than the deposit slip, if the deposit is a high amount? (I.E. $10K or more)
by CannedHeat1973 on February 9th, 2011
| 1 person likes this
What Is a lockbox deposit?
by Answerbag Staff on May 27th, 2010
| 1 person likes this
Can an IRS refund be deposited to two separate accounts in Pennsylvania?
by Answerbag Staff on May 14th, 2010
| 1 person likes this
How much hard cash I can deposit in the bank without any request where I did get that?
by bonezip on September 19th, 2010
| 1 person likes this
You're reading Is it illegal to let a friend direct dep her government check into my checking acct. she doesnt have an acct and its in and out
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