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Joint cheque, no joint account
stackitsteve
Posts: 25 Forumite
Hiya,
Sorry if this has been posted before but the search function doesn't seem to be working.
Basically me and the other half have just got married and as wedding gifts we have received a couple of cheques made payable to 'Mr and Mrs'. We both have seperate bank accounts and have been told we would have to open a new account just to deposit these cheques.
Im just wondering if there is a sneakey way around it, could we not cash the cheques if we both go to the bank and then just put the cash in our accounts or not? Otherwise we would end up opening an account, waiting a few days for the cheques to clear then withdraw the money and close the account? Is that the only way we can do it? Seems a bit stupid thats all!
Any ideas/suggestions?
Thanks in advance for any help
Sorry if this has been posted before but the search function doesn't seem to be working.
Basically me and the other half have just got married and as wedding gifts we have received a couple of cheques made payable to 'Mr and Mrs'. We both have seperate bank accounts and have been told we would have to open a new account just to deposit these cheques.
Im just wondering if there is a sneakey way around it, could we not cash the cheques if we both go to the bank and then just put the cash in our accounts or not? Otherwise we would end up opening an account, waiting a few days for the cheques to clear then withdraw the money and close the account? Is that the only way we can do it? Seems a bit stupid thats all!
Any ideas/suggestions?
Thanks in advance for any help
0
Comments
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you could try a cheque cashing place you would both need to take id etc
Slimming world start 28/01/2012 starting weight 21st 2.5lb current weight 17st 9-total loss 3st 7.5lb
Slimmer of the month February , March ,April
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It would be a good idea to have a joint account anyway - as well as your separate accounts.
You can't 'cash' most cheques in a bank these days - they have to go into an account in the name of the payee(s)0 -
Open a joint Savings account if you don't want a joint current account .. and clear the cheques that way. And you may have a use for the account afterwards.
You can't 'cash' the cheques or pay them into your individual accounts. Give the cheques back and ask for singleton payee otherwise.If you want to test the depth of the water .........don't use both feet !0 -
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I paid one into my account and it wasn't a problem.Lost my soulmate so life is empty.
I can bear pain myself, he said softly, but I couldna bear yours. That would take more strength than I have -
Diana Gabaldon, Outlander0 -
Well it should have been!Torry_Quine wrote: »I paid one into my account and it wasn't a problem.0 -
Torry_Quine wrote: »I paid one into my account and it wasn't a problem.
Which bank was that ?0 -
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Joint savings account for me. My wife and I have separate current accounts but have a joint savings account (as well as separate savings and investments). Having some 'joint' money isn't a bad thing in a relationship.0
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A joint cheque HAS to be paid into a joint account. The cheque is made payable to two parties therefore the account has to be in 2 parties.0
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