I work at a residential maternity home where clients receive money orders or checks in small amounts as gifts and they would like us to cash them. Can we deposit these checks, if they endorse them to us?
Your management people should sit down with your bank contact and describe what you want to accomplish, because many banks have policies against accepting third-party checks for deposit. Virtually every bank with such a policy has made exceptions when it makes sense for a business to be handling checks like the ones you describe. Examples are local grocery stores that take third-party checks in payment for food orders, check-cashing stores, etc. If you lay the groundwork, there should be no problem depositing the checks.
Given the nature of your service, however, it might be wise to set a limit on the size of checks you agree to cash. Your patients' cash needs shouldn't be very large during their stay with you, and it's never wise for them to have significant amounts of cash on their persons or in their rooms from a security perspective.
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Your management people should sit down with your bank contact and describe what you want to accomplish, because many banks have policies against accepting third-party checks for deposit. Virtually every bank with such a policy has made exceptions when it makes sense for a business to be handling checks like the ones you describe. Examples are local grocery stores that take third-party checks in payment for food orders, check-cashing stores, etc. If you lay the groundwork, there should be no problem depositing the checks.