How to endorse a check for a minor ideally when writing a check to a minor you should write the name of the parent who will be depositing or cashing the check on the pay to the order of line and then write the child s name with the letters fbo on the memo line. 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.
Next the parent must print his or her name directly under the child s name with the word parent in parentheses or after a hyphen.
How to endorse a check for a minor. Print the name of the child along the top line of the check. There s certainly nothing illegal about it. Even if your last name is different from your child s you can assist in endorsing and depositing a check for them with little hassle.
How do i endorse a check for a minor. After the name add a hyphen and the word minor beneath your child s name print your name. You ll see a few blank lines and an x that indicates.
In most instances banks cash checks for minors if their parent holds an account with the bank providing the parent prints the child s name on the top endorsement line and the account holder signs the second line. Some banks require printing the account number under the signature according to bankingquestions. 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.
If they are old enough have them spell their name to keep them in the loop of this transaction. Example check endorsement for check made payable to a minor in which the parent or depositor is. Fbo means for the benefit of.
To endorse a check made out to a child who can t yet sign their own name you should first call your bank or visit its website to understand its requirements. To endorse a check you simply turn it over and sign your name on the back. You could also cash the check at the bank listed on the check.
With some banks and credit unions you may not need to endorse the check if it will be deposited into the child s account or a joint custodial account. On the back of the check print your child s name. Is it legal for a customer to make out a check to a minor age 5 and then request the the bank on which the check is drawn to allow the minor to endorse the check and receive cash.
To deposit a check that was written to your child a minor please follow these steps. Johnny doe minor. Write your child s name on the back of the check followed by minor.
You also could use a hyphen instead of parentheses. How to endorse the check. If the drawer is your customer and verifies that the short person in front of you is the payee on the check i.
Most checks give you a space on the back for your endorsement. The parent or depositor must sign the child s name followed by the word minor and then sign below the child s name. After your name add a hyphen with your relationship to the child example parent or mother.
If you child is old enough to write or sign their own name you can have him her take part in the process by writing in his her own name.