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cashing a business check

    • 2 posts
    May 27, 2009 1:55 PM EDT
    in my experiance you cant deposit a check paid to a business name in a personal account, however just make your personal name as a DBA your business name
     
    find out more info at this business checks site.
    homeandl5/27/2009 6:52 PM
  • July 25, 2006 4:52 AM EDT

    Usually, you will need to deposit to the account for your business, if you don`t have one your may bank may have you open one. The IRS frowns upon business owners (espeially Corps, LLC, etc.) cashing business checks.

    Otherwise, if you know you can put it into your personal account, the endorsement will need to appear as:

    • Your Business Name
    • Pay to the Order of
    • Your Name
    • For Deposit Only
    • Your Signature

    To get cash, you usually will need to turn around and just write a check off your account rather than cashing the check itself.

    I am sure you already took care of this, good luck!

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    James Skinner Vice President & COO OnlineSiding LLC jskinner@onlinesiding.com www.onlinesiding.com 877-642-2496 x102

    • 8 posts
    June 27, 2006 4:29 PM EDT
    Just write for deposit only. You will be fine.

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    olville@bloominglilies.com

    • 2 posts
    June 27, 2006 8:57 AM EDT
    I got my first business check for my services.  I had a checking
    account when I got married so I kept that account to use for business
    expenses.  This account is not in my business name.  The check is
    written to the business. Can I deposit this check in my account, and if
    so, how do I endorse the check; with my signature, or with some other
    writing on the back?
    • 434 posts
    May 28, 2009 3:45 AM EDT
    The reason that you are getting different answers is because the bank policy is mostly controlled by their state charter, and every state is slightly different.

    Ask the bank.

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    Steve Mann
    Internet Videographer
    MannMade Digital Video
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