Have the child open an account. If you have a minors account for your daughter where you are the authorized agent to transact on it, then you can easily deposit the check into that account without her signature. If not then it is the discretion of the bank if it is to negotiate a third party check. Deposit the check to that account. The person who pays the check mentions information like, date of issue, the name of the person/organization to be paid, the amount etc followed by his/her own signature. Canada has one of the most efficient cheque clearing systems in the world and, while the use of cheques has been declining with the growing popularity of electronic and card payments, financial institutions in Canada still process nearly a billion cheques every year. A check is a slip of paper that instructs a bank or credit union to pay a specific sum of money to a particular person, company, organization, government agency or other recipient. Many bank customers take safe deposit for granted. 2) If I write a cheque and someone cashes it, the cheque image gets sent back to my bank, so at least someone can look at the signature and see if it's mine, even if have to contest that after the fact. In this process, only two banks are involved in the cheque transaction, but there's three signatures, one of which could be unknown to both banks. Get Directions Alabama. 1 A cheque is an agreement of payment between two individuals or organizations. Depositing a two-party check is most easily done when the word “or” is between each payee’s name and you have a joint account. D+H, a Finastra company, is the leading cheque supplier and trusted partner to many of the banks and credit unions in Canada, with over 140 years experience. Phone: 205-298-1234 Fax: 205-298-1230. If they are too young for this, opening a custodial account in their name might do the job. Ask the bank; I'm sure they deal with this often. How much is the check and how old is your daughter? The drawer of the check (who want to pay) submits the check to the drawee (the bank) to pay the amount to the payee (the person/organization to be paid). For all people who often need blank cheques either for fun or for some official purpose, blank cheque templates are a perfect way out. Good introduction to the concept of saving, and needs to be done eventually. Now that she is 83, she thinks she should put my name on … My mother is a widow and I am an only child (single, never married, with one child of my own). It gets a little more complicated if the word “and” is between each payee’s name, and it’s downright impossible if the payees don’t have a joint account. Our collection of blank check templates gives you a lot of options for choosing checks register depending on bank names, designs, types of accounts, names … When a cheque is used in Canada, there is a very good chance that the D+H name is behind it. 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