How To Deposit A Check For A Minor Child Bank Of America. You can also write “for deposit only” or “pay to the order of” followed by your child’s name. The bank of america minor savings account is a joint savings account between parents and kids under age 18.
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. After your name, add a hyphen with your relationship to the child (example, parent or mother). After the name, add a hyphen and the word minor. beneath your child's name, print your name.
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You Can Also Write “For Deposit Only” Or “Pay To The Order Of” Followed By 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; Obviously, a small child can’t endorse it over to you. On the back of the check, print your child's name.
How To Endorse A Check For A Minor.
You may also need to include additional information like your account number. Depositing a check is simple with our bank of america mobile banking app. This will ensure that the check can only be deposited into an account in your child’s name.
After The Name, Add A Hyphen And The Word Minor.
Print your child’s name on the back of the check, then add a hyphen and write “minor.”. A parent may cash or deposit an endorsed check as if the check were written to them. Follow these three steps to deposit a check made out to your minor child:
Use A Parent's Bank Account.
Whether or not you actually need to sign the check is questionable. Choose an account and enter the amount of the check. On the back of the check, print your child's name.
To Endorse, Write The Child’s Name And ‘Minor’ On The Back Of The Check.
You also could use a hyphen instead of parentheses. The bank officer can tell you how to do that. Beneath your child's name, print your name.
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