Established Contributor
SwiftTone
Posts: 1,024
Registered: ‎02-27-2012
Re: Inconvenienced by NFCU! Is this standard policy?

navigatethis12 wrote:

This is standard with every financial institution that I know of. If two names are on a cheque, both people must be present to be able to do anything with it. They may accept a signature instead of the person being there, but that is not the usual thing.



Usually not. A signature is useless unless it can be verified. Bank policy is usually that both parties must be present with ID.

BCE: $0/$11,200, CSP: $0/$6500, Chase Priority Club: $0/$3500, Freedom: $0/$5000, Barclays NFL: $0/$7000 Discover: $0/$10,000, Citi Dividend: $0/$2000

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