Can I deposit a cheque at a different bank?

Can I deposit a cheque at a different bank?

Originally Answered: Can a different bank cheque be deposit at another bank? Yes. you can give the other bank cheque for collection. The banker will send for collection to the concerned bank.

Can I make a deposit to my bank from another bank?

The most basic way to move money into someone else’s account is to walk into the bank and tell the teller you’d like to deposit cash. You’ll need the recipient’s full name and bank account number to complete the deposit. Some banks are banning cash deposits into someone else’s account, though.

How do I deposit a check into another account?

Swipe your ATM card or debit card and enter your Personal Identification Number (PIN). You may need to speak to a teller inside if you don’t have your PIN. Choose which account to deposit into. Select “deposit” and then the account you want the check deposited into.

What happens if you deposit the same check twice?

When deposited in person, the teller will keep the check so you can’t deposit again. The banks should have systems in place to prevent it from being deposited twice via a mobile deposit. If you knowingly do it, it’s technically bank fraud (a felony punishable by a LONG time in prison) but it’s almost never prosecuted.

How do I deposit money from one bank to another?

Steps for Transferring Money Between Banks

1. Log into your bank’s website or connect via the bank’s app.
2. Click on the transfer feature and choose transfer to another bank.
3. Enter the routing and account numbers for the account at the other bank.
4. Make the transfer.

How do you know if I’ve already deposited a check?

You could call the bank and ask if there’s a deposit for the amount of the check. If there is, then you could confirm the bank the check was from, which should clear things up.

Can you deposit a check into two accounts?

Can direct deposit go to two different banks? Typically, yes. In fact, many direct deposit programs allow you to split your pay between savings and checking accounts at different banks. You’ll just need to add your banks’ routing numbers, your account numbers and the account type for each.

Can I withdraw cheque from any branch?

You can: Go to any branch (in the city) of the bank that the cheque belongs to. The bank teller, will verify the details on the cheque and clear it. The cheque will be cleared then and there and you will get the cash.

How much can you deposit in another branch?

For both cash deposits at home and non-home branches, Axis Bank allows a free limit of Rs 2 lakh for current account holders. Whereas charges are levied at Rs 50 per transaction for the deposit of 4/1,000. ATM Transaction Fees for Post Transaction Limits will be charged at Rs.

Can I deposit a cheque in my own bank account?

You can deposit a cheque (even of your own account) in any bank to any other account (even to your own account) in any other bank. What you have to take care is the cheque can be deposited only to the account of the payee, whose name is written on the cheque (Pay to…..or bearer).

What happens when you deposit a cheque in Bank B?

If the cheque is valid and if there is enough balance, then Bank A will debit the cheque issuer’s account and transfer the amount to Bank B. Bank B will then credit (deposit) the cheque amount in your account with Bank B. Then you may withdraw the money from your Bank B account.

How do I transfer a cheque from one bank to another?

If the cheque is valid and if there is enough balance, then Bank A will debit the cheque issuer’s account and transfer the amount to Bank B. If you have an account with Bank B, then you will have to deposit the cheque for collection in your Bank B account. Bank B will then send the cheque to Bank A for collection.

Can I deposit cash in another bank account?

Depositing Money In some cases, you can deposit cash or checks at an ATM owned by another bank. Some banks are part of networks that agree to accept deposits for one another, letting you make deposits at their ATMs and direct them to your own bank.