6 ways to deposit cash into someone else's account - Business Insider

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, like American Express, but our reporting and recommendations are always independent and objective.

You may be able to walk into a branch and deposit cash into someone else's account, but many banks are rejecting cash deposits to avoid fraud.You may send a money order for amounts smaller than $1,000, or a cashier's check for larger amounts.Have the Personal Finance Insider newsletter sent straight to your inbox.

There are plenty of times you'll need to give money to someone, but for one reason or another, you can't just hand them cash. In this case, you can deposit money into their bank account. There are several ways to deposit money into someone else's bank account. The best choice will depend on which institutions you each bank with,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. Handling cash can lead to fraud, so banks are steering clear. Before venturing into a bank branch to put cash in a friend's account, double check that the bank will allow you to do so.There are multiple websites and apps that allow you to transfer money to a friend. Here are some of the most popular ones:

EndSARS

Um just fill out the deposit slip and give them cash. They don’t check ID when you are depositing cash.

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