Can you deposit money into an account that is not yours?

Deposit cash at the bank The most basic way to move money into someone else’s account is to walk into the bank and tell the teller you’d like to deposit cash. You’ll need the recipient’s full name and bank account number to complete the deposit. Some banks are banning cash deposits into someone else’s account, though.

Can I directly transfer money to someone else’s bank account of a different bank?

To transfer money to an external account, you will need the bank routing number and account number for both accounts—the external account receiving the transfer and the account from which you are transferring money. The bank that’s going to receive your transfer may help you set up the transaction.

Can I deposit money in my account from another branch?

Generally, no, you cannot. You can deposit cash in your bank account only through your bank’s CDM. But of course you can deposit cash at a CDM in one branch of the bank if you have an account in another branch of the same bank.

Can someone else deposit money into my account?

Generally speaking, anyone can deposit money into your savings account. Individual banks have different policies, but the vast majority will accept deposits into an account, as long as you have certain information, which may include the full account number and the full name of the account holder.

Can I deposit money into someone else’s account via ATM?

Some banks also allow customers to make transfers via partnered ATMs, especially if the account is with the same bank. You can even deposit money into someone else’s bank account if you wish. The basic information you need to deposit money into a third-party bank account is: Payee’s name.

Can I make a cash deposit into someone else’s bank account in India?

Currently, a person can deposit cash in any individual’s bank account without the knowledge or consent of the account holder, provided the depositor knows the bank account number of the recipient.

How can I transfer money to someone else’s bank account in India?

NEFT, RTGS or IMPS — choose the best way to make online money transfers.

1. Step 1: Go to Fund Transfer tab, and select ‘Transfer to other bank’ (NEFT)
2. Step 1: Go to Fund Transfer tab, and select ‘Transfer to other bank’ (RTGS)
3. Step 1:Using your Customer ID and Password into Net Banking/Mobile Banking.

Can I make a cash deposit into someone else’s bank account Australia?

You can even deposit money into someone else’s bank account if you wish. The basic information you need to deposit money into a third-party bank account is: BSB (or bank code, which is the branch identifier) Account number.

Can we deposit money from SBI to other bank?

State Bank of India allows its account holders to transfer funds from one bank account to other (both within SBI and other banks) quickly using SBI Quick Transfer. The biggest advantage of using this fund transfer method is that funds can be transferred instantly without even adding the beneficiary to the account.

Can we deposit money in other branch of same bank PNB?

Punjab National Bank (PNB)! While, deposits at all branches within same city or outside which are other than base branch, involves no charges up to Rs 5,000 per day. A maximum limit of Rs 25,000 per day is allowed for deposits of cash at non-base branches.

Can I deposit cash in another person’s account India?

For another person to be able deposit cash in the account, the account holder will have to give a written permission. Once the duly filled form authorised by the account holder is produced, then anyone can deposit cash into a particular account.

How do I transfer money into someone else’s bank account Australia?

To make a transfer to another Australian bank account, you’ll need to either log into your own online banking, and process the payment that way, call your bank’s telephone banking service, or visit your local branch.