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Depositing money into another person’s bank account is a convenient way to pay back a friend, send an allowance to a college student or give some birthday money to a relative.
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Sometimes, you may need to deposit someone else’s check into your account. Generally speaking, most banks and credit unions will not give you a hard time when you want to make such a deposit.
More Ways To Deposit Money Into Your Bank Account. ... If someone wants to send you money from their account at a different bank, or from a service like Western Union or MoneyGram, they can ...
Depositing a check with a smartphone: You can deposit a check into your account through mobile check deposit. Many banks’ mobile apps allow you to do this by endorsing the check and submitting ...
Sometimes people attempt to deposit money into an account that is defunct. Big mistake! “Make sure the account you’re depositing money into is active and hasn’t been closed by the bank ...
These rules are established by the Bank Secrecy Act. They actually apply to any deposit over $10,000 -- and deposits of $15,000 or more fall within this category. Here's what you need to know, so ...
PayPal: With PayPal, you can send money between users and transfer funds to and from bank accounts by linking a bank account or debit card. While PayPal itself is free for standard bank transfers ...