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The Something Awful Forums > Discussion > Ask/Tell > Business, Finance, and Careers > Victim of a Double Deposited Check... How Did This Happen?
 
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MY INEVITABLE DEBT
Apr 21, 2011
I am lonely and spend most of my time on 4Chan talking about the superiority of BBC porn.

EL BROMANCE posted:

I get paid via check, and always use the mobile app there and then to cash it. I write something like 'deposited via mobile app', the date, and my signature on the back.

So you endorse the check to be cashed (by anyone) and then you... leave it somewhere loose enough that it can just fall out of your bag? Once you sign a check where it says "ENDORSE HERE" that check is basically paper money. They could stick that poo poo into an atm and have the cash. So... how did this happen? Your fault, mostly.

e:

quote:

Restrictive endorsement - get it into your account: to ensure that the money gets into your account, it's a good idea to include your account number with your endorsement with instructions saying the money can only be deposited to your account.


To do so, write "For deposit only to account #####" (using your account number, of course), as part of your endorsement. If the check is lost or stolen, it's more difficult for thieves to get the money - they'll need to alter the endorsement. An alternative to including your account number is to write "For deposit only to account of payee" - which does not require that you write down your account number. Depending on the situation, you might or might not also have to sign if you specify an account number.

MY INEVITABLE DEBT fucked around with this message at 23:14 on Jul 11, 2017

* # ¿ Jul 11, 2017 23:08
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# ¿ May 16, 2024 14:22
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MY INEVITABLE DEBT
Apr 21, 2011
I am lonely and spend most of my time on 4Chan talking about the superiority of BBC porn.
also why do you think someone has to have an account in your name to cash a check written to you?

* # ¿ Jul 12, 2017 00:30
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The Something Awful Forums > Discussion > Ask/Tell > Business, Finance, and Careers > Victim of a Double Deposited Check... How Did This Happen?