I recently closed an account that I had with my grandmother (she was the custodian), who passed away three years ago. I am over twenty-one. Can I deposit the check that I will be receiving into my own personal account?
If the check is payable to you individually, you should be able to deposit into your account without a problem. If it is payable to your grandmother as custodian, you'll need to ask the issuer to send you a new check that you can deposit yourself.
BankingQuestions.com is a free service made possible by the generous support of our advertisers. Advertisers are not responsible for site content. Please help us keep BankingQuestions.com FREE by supporting our advertisers. When you see an ad for a product or service you may have an interest in, click through to learn more.
Accounts
Article
Q&A
Podcast
Video
Blog
Discussions
PDF
Powerpoint
If the check is payable to you individually, you should be able to deposit into your account without a problem. If it is payable to your grandmother as custodian, you'll need to ask the issuer to send you a new check that you can deposit yourself.
