How To Deposit A Check For A Minor Child Bank Of America

Below The Child’s Sweet Attempt At A Professional Signature, Write “For Deposit Only.” Write The Child’s Bank Account Number On The Back Of The Check To Ensure That It Won't Be Cashed If It Somehow Gets Lost Or Stolen.

Did we answer your question? Share improve this answer answered dec 19, 2016 at 20:56 keshlam If you child is old enough to write or sign their own name you can have him/her.

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Some banks require printing the account number under the signature, according to bankingquestions. Your child must be 14 years old or older. Have the child assist with the transaction once you’ve reached the financial institution.

Parents Are Allowed To Deposit Their Children's Checks Into Their Own Personal Bank Accounts.

Walk up to the teller and provide him with your check and deposit slip. On the back of the check, print your child's name. To do this, parents must first print their child's name on the back of the check and then write the word minor in parentheses;

Depositing A Check Is Simple With Our Bank Of America Mobile Banking App.

Get answers to your questions about bank of america deposit accounts. If you plan to deposit the check into your own bank account, you’ll typically need to sign your child’s name on the back of the check followed by the word “minor” — and then endorse it with your signature right below the minor’s name. You could also cash the check at the bank listed on the check.

The Minimum Deposit Is $25 And There’s No Fee Until The Child Turns 18 Years Old.

How to endorse a check for a minor. Until your child reached the age of majority, any instrument made out your child can be deposited into any of your accounts by being endorsed by signing a parent's name, then writing custodian for and then writing in the child's name. As an alternative to cashing the check, parents can open up a bank account for their minor child or open a joint bank account.