As we know, Economic Impact Payment (EIP) payments, or as ordinary people say, “stimulus checks,” are an excellent tool to increase consumption. Today, people talk about stimulus checks, and the main question is, “is there a fourth stimulus check coming out.” The fourth stimulus check of $850 is coming in June 2022. and the first residents that will get residents of States Maine.
However, in this article, we want to talk about potential fraud and the possibility that someone else (relative or friend) cash stimulus check instead of you.
If you follow standard banking processes, you can get someone else to pay your return check. The procedure is straightforward and applies to all sorts of checks issued to you. However, if your check slips into the wrong hands, anybody can try to repeat these procedures. To avoid losing your refund, it’s critical to keep your information safe. If you wish, you can designate a third party to pay your IRS refund check on your behalf. When a bank account is not immediately accessible, or when the check has been pledged as repayment or a present, you may need to have somebody else cash your return check.
Can Someone Else Cash My Stimulus Check?
Yes, someone else can cash your stimulus check with or without your knowledge. Sometimes, tellers do not ask for ID, and somebody can commit fraud. However, if you want somebody to cash your stimulus check, then banks place holds on checks to ensure the funds are available in the payer’s account.
If you want someone else to cash your stimulus check you need to find a place that accepts cashing third-party checks. For example, if you try to cash stimulus cash for someone else at a Kroger grocery store you will be rejected because Kroger does not accept Payroll checks, Business checks, Insurance settlement checks, Government checks, and Income tax refund checks.
You can not cash third-party checks (can not cash stimulus checks for someone else) at the following grocery stores:
- Albertsons
- H-E-B
- Kroger
- Meijer
- Publix
- Safeway
You can not cash third-part checks (can not cash stimulus checks for someone else) at the following cashing places:
- Pay-O-Matic
- Mr. Payroll
- Money Mart
- Friendly Check Cashing
- Community Financial Services Center (CFSC)
- Check Into Cash
You can not cash third-part checks (can not cash stimulus checks for someone else) at the following cashing places:
- Wells Fargo
- Regions Bank
- PenFed Credit Union
- KeyBank
- Fifth Third Bank
- Discover Bank
- Citizens Bank
- Charles Schwab
- Bank of the West
- Ally Bank
- Allied Federal Credit Union
Where can I cash my stimulus check?
You can cash a stimulus check in the following places:
- Cash. app
- Local banks
- Walmart
- Supermarkets
- Check-cashing stores
- PayPal
- Netspend
- Ingo Money
The fastest way to get a stimulus check is to use your Cash App routing and account number to get your payments because up to two days earlier, you can get money faster than most banks.
You can deposit physical or paper checks using Cash App but not all users. You can read more about this topic in our article where can I load money on my cash app card.
Can I endorse my stimulus check to someone else to cash at Walmart?
Yes, you can endorse your stimulus check to someone else to cash at Walmart because this store accepts third-party government checks. However, you need to pay a $4 fee if you cash a third-party check below $1000 and an $8 fee if you cash a check from $1001 up to 5000.
Credit Unions and Banks that accept third-party checks
Below is a complete list of where you can cash stimulus cash for someone else in the US (cash third-party check places):
- ACE Cash Express
- Advanced Financial
- Bank of America
- Chartway Federal Credit Union
- Chase Bank
- Check ‘N Go
- Citibank
- Connexus Credit Union
- First National Bank
- HSBC
- M&T Bank
- Navy Federal Credit Union
- PNC Bank
- Speedy Cash
- Suntrust Bank and BB&T (now called Truist)
- TD Bank
- The Check Cashing Store
- U.S. Bank
Endorsing a Check
You may want somebody else to pay the returned check if you’re not using access to the user account right away or if the check was committed for repayment or as a gift. On the first line of the endorsing area beneath the check, write “Pay to the order of,” followed by the individual’s name and your initials as it appears on the front of the check. To prove that you signed the check over to the new recipient, you’ll almost certainly need to present your ID to the bank cashing the check. In this case, you can certify the check to the person, just like you would anyone else check, so that they can deposit it.
In Case of Fraud
Unfortunately, someone else could cash your return cheque without your permission or knowledge. This can happen if the check is delivered to the incorrect address or is intercepted on its way to you. With the IRS return status system, you can determine when you may receive your check. Make a call if it doesn’t arrive within the expected time range.
There are two sides to this case. First, many honorable people can not cash stimulus checks because of bad health conditions, and their kids, relatives, or friends can do that for them. However, people always try to trick the system and create a scam. For example, there is an excellent story about a nationwide scheme involving counterfeit economic stimulus checks deposited into bank accounts with the intent to defraud the banks.
Another story is about a Modesto woman who admits submitting 121 stimulus check claims using PII provided by her death row son.
Tips
The IRS suggests filing your tax form online and receiving your return via direct deposit into your bank account via electronic funds transfer. You’ll get your refund sooner and won’t have to worry about a lost check.
