My girlfriend and I recently got engaged and are starting to receive checks as engagement presents. I am thinking of opening a new high interest checking account to store all of them, but some of the checks are made out to her. Is there any way she can sign these checks over to me so we don't have to go the bank together whenever we get a new check?
If you open your account jointly, you can easily deposit checks payable to you, to her, or to you jointly. Whomever the check is payable to will endorse the back and then it can be deposited. The bank will have both yours and her signature on file for verification.
If the account is not joint, some banks will accept a third party check (payable from one person, to your girlfriend, and signed over to you) only if the other party is present. Otherwise, they could suffer a loss because they paid a check without verification that the original payee actually received benefit of the check and signed it over.
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If you open your account jointly, you can easily deposit checks payable to you, to her, or to you jointly. Whomever the check is payable to will 