Depositing checks in a timely fashion

I agree with you.

(passes an acorn)

Two weeks is quick for me.

I have an oak tree if anyone wants to come gather the acorns.

Find out what bank she uses, send her a link to the bank's website with a printout of how to use their website to monitor account activity and account balances.

Hahaha.... that would be funny.

Maybe I should pay her in acorns. Wait! She's paying me. Must be bedtime.

She should be able to work with two weeks, and be able to do her own bookkeeping. Much longer, she might become concerned with checks lost in the mail, if they are mailed.

On the other hand, if she is paying you for something, is she by way of being some sort of customer? I used to bend over backwards for customers and even some vendors.

if you keep a simple ledger , writing down everything that you do, you will know your balance without having to look at your bank website.

Though, I know for my OLD bank , I would be charged if my account was less than a certain amount. Maybe that is why the transfer is so important? But again.. if she knew that after your check cleared, or BECAUSE of your check amount she would be charged, then she should just add money. No biggie .

You don't say if this person is a client/customer. If she is, I would drive by the ATM/bank on the way home and drop that check in the slot, baby.

Limit your trips to the bank? Just how distant is this establishment?

Joe( A two-day ride over the pass?)Nation

I find it annoying, largely because I don't keep a separate cheque account, and the account is very fluid and I tend to assume cheques are presented reasonably quickly.

Two weeks wouldn't annoy me...but anything beyond that would.

I had a friend who kept one for months once.

not a biggie, unless you have to ask people if they've put the cheque/s through

that can get annoying

as for looking at the bank website, not everyone is online (seems crazy eh!), or their server doesn't like the bank's server (that happens to me with my cell bill - I signed up to see it online - but I can't - the firewall keeps blocking it) - they rely on the monthly statements and their personal cheque registers

I agree with you littleK.

Part of balancing my checkbook is to keep track of which checks are outstanding. After that, it is not difficult to subtract the amount of checks outstanding from my current balance to find out if I have enough money for whatever.

Factually, I prefer you not cash my checks right away. By not cashing my checks you are letting me keep the money a bit longer... meaning I get to at least make interest on it.

But in either case, two weeks is almost nothing.

Maybe your friend could pay you with PayPal or a money order (either of which would take the money out of her account right away as she wants)-- or she could just give you cash.

My thoughts:

I find her position unreasonable, but if this is a valued customer, I would deposit her checks in a more timely manner, althought two weeks is timely IMO.

I would not give out your account information to allow her to directly deposit into your account. I'm not sure if that is what you were asking about.

If she uses electronic banking, she can pay you through them and they will mail you a check. Her account will be debited when they cut you the check and she will never know when you cash it since she pays the bank/check cutting company and they pay you.

I agree " she should be maintaining her own balances. I would also think she would want to " so instead she trusts her bank to calculate HER money correctly " pretty stupid in my opinion.

If I were you " I’d just ignore her rather than to inconvenience you simply because she is too lazy to maintain her own bank account.

And two weeks is completely reasonable.

littlek, why don't you have a direct deposit for your paycheck?
As for depositing checks within 2 weeks, sometimes others struggle more
than they want you to know and knowing when the check they've written will
be cashed could help them in juggling around their funds.

If this person knows that you'll sit on the check for 2 weeks, he/she might
use the funds available in the meantime and redeposit it later. Who knows,
but it's easy to forget that there are checks still outstanding, if one doesn't
do online banking or works on a tight budget.

As for me: I deposit all checks right away either in person or via mail.
I am afraid that the check would bounce after 2 weeks or longer (has happened).

Thanks all. You've given me some things to think about.

This is not a client. This is a housemate. The check she is giving me is her portion of the utilities bill (I pay them all). She can easily see that it isn't deposited because it is on the cork board in the kitchen. She could have asked me to hold off on depositing it if she was short of funds.

During the week I drive to and from work and don't go much of anywhere else. I don't pass any ATMs or banks on my commute. I would need to go out of my way, which isn't horrible. But, I get charged a fee if I go over a certain amount of ATM transactions per month. I like to avoid that.

No I don't have direct deposit. It's on my list of things to organize.

Housemate, and she knows for certain the check isn't lost. Two weeks isn't at all untimely in this case.

tell her to shove it up her a$$ - but I'd suggest you word it a bit more diplomatically.

The cheque is on the corkboard?

I can still understand why she'd prefer you deposit it more promptly, but at least she doesn't have to ask you about it's status (and should be easily able to determine her account balance).