I have been informed by several different banking employees that regulations regarding checkdeposits state that if a customer splits a deposit between two accounts, the institution must first cash the check then disperse cash into both accounts. My local bank has said they consider that structuring a deposit, and as such will only deposit the check into one account then move cash from that account into the other. I am in another area now and they will not honor my deposit tickets and will only deposit the check into a single account no matter what my wishes are. I would greatly appreciate any direct regulations regarding the handling of deposits.
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Each bank has its own policy and procedures for handling multiple-account deposits. There are no regulations that require one practice rather than another.
If your current bank requires that a check is deposited to only one account, your best course of action is to do exactly that, and follow it with a transfer to the other account. Make sure, however, that you don't attempt to complete the second step until your bank has made the funds available to you.
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Each bank has its own policy and procedures for handling multiple-account deposits. There are no regulations that require one practice rather than another. 