When do you need to show your picture ID or bank account ID at a bank?

Parent Cafe
1

In what scenario are you required to show your ID (either your driver license or your bank account’s debit card)?

  1. Deposit a check to your own account
  2. Deposit cash to your own account
  3. Deposit a check to other person’s bank account (e.g., your adult son or daughter’s account)
  4. Deposit cash to other person’s bank account

I think the rule becomes more strict in the case 3) and 4) above at many major banks, but I am not sure about it.

The following is what I just read from some customers who “complained” about this:

Brady on 09/03/2014 at 3:36 pm said:
The kicker is that not only do you have to show photo ID, you also have to be a signatory on the account!

So, not only do you have to produce ID, but if you haven’t gone in and been added to the account, they will refuse the deposit.

So, no more going and bailing out your kids, or making a deposit as a favor to a friend.

CHASE sucks!

Jerry on 01/24/2015 at 2:25 pm said:
I have been a weekly visitor to our local Chase Bank for 17 years.

I have a Chase credit card, two checking accounts, a savings account, a mortgage and an equity line with Chase.

Today, 1/24/2015, I deposited three checks totaling $1,075 dollars and wanted “no cash” back.

I was asked for my I.D. WHAT!?

Surprisingly a bank rep. supported the teller’s actions.

I have decided – when making future deposits, I will ask the teller for his/her I.D.

I mean c’mon, just because the teller wears a Chase blue shirt with a name tag, should I assume he/she is an employee?

Hey – if she doubts my identity, and questions whether my deposit is genuine – why can’t I doubt who she is.

2

I don’t need to show photo ID to make deposits to my credit union accounts. I am required to show photo ID to make withdrawals and for the teller to write the account balance on the receipt for any transaction.

3

What are you talking about mcat2?

I deposit money into my kids’ accounts monthly. Just this month, I did a cash deposit. I had to show a photo ID for that…oddly.

But to deposit into their accounts? I can deposit into their accounts by check with no ID of my own. I am not a signatory on their accounts…but both have accounts that allow counter transactions…which requires a minimum in their savings. I do not bank at their bank.

Maybe the folks quoted above have kids who don’t have accounts allowing counter transactions. Or maybe they don’t keep the minimum balance to do so.

At my own bank…for depositing using a deposit slip…no ID needed. For withdrawals…ID needed always (God about this…I would hate to think someone else might withdraw from my account). But really…I seldom do business at the window…or even drive through…and the ATM requires no ID.

Why would anyone have an issue with showing a photo ID? Why?

4

I occasionally make deposits for the business for which I work. Just recently I have had to present a picture ID to make deposits to the business account. The teller said it is to help prevent money laundering.

5

It depends on the bank and on the teller.

Most of the times my credit union don’t ask my ID when I deposit without cash back. Sometimes some tellers ask for ID. They told me they did that to prevent some bad schemes.

Sometimes BofA asked for my ID, sometimes they didn’t when I deposited money to my D’s account.

6

It seems another unhappy customer complained about this (see below).
It appears the bank may need to keep a record of paper trails.

I am only curious about this: In the not so distant future, it may be more convenient for all customers to transfer money online. This is what the banks want us to do in order to reduce their expenses.They may eventually get what they want. (Then, I had better learned how to make my computer more secure when I am, say, 70-80 yo. What is the new kid on the block, bitcoin? Do I have to learn how to use it, in addition to “paypal”?)

"tried to deposit 500.00 cash in my checking acct.

teller asked for id, so I gave her my chase card.

No good ,wanted my lic.

I can use that chase card to withdraw thousands out of the same checking acct.

but unable to deposit!!!

Time to close all accts.

after 35 years with chase.

The kicker is my children can’t deposit without their names on the acct and produce a Drivers Lic.

God forbid if I am bed ridden with a major illness."

7

My wife was in BofA today. The teller asked her if she was deposit a check to a business account.

8

I rarely go to a teller, so I wouldn’t know…My kids have accounts at the same credit union we do so moving money is easy. The CU’s website allow us to transfer money to another member’s account.

9

I’ve never had to show ID to make a deposit without cash back. ??

10

@mcat2

What is the big deal about showing a picture ID??

At B of A…you can open your own account, and set it up such that you can transfer money into your kids account online if they also have a B of A account. No ID needed.

Betting Chase has a similar arrangement.

11

I don’t remember the last time I went into a bank but the only time I’ve had to show ID was when I added my spouse to my savings account.

Other than that, I do everything online. I’ve never had to show ID for deposits or withdrawals that I can remember.

12

There’s no way to deposit cash online, or to get change.

13

I do most banking online, but when I do go into my bank, I show a picture ID. What is the big deal??? I don’t get the objection. It’s for our own protection. Talk about a stupid thing to complain about.

14

We want to “modernize” ourselves so that we do not have to go into a bank. The problem was that we somehow do not trust the security of our old computer. (I actually do not use a computer any more after work – maybe the only exception is when I do my tax. – if if still do it by myself. Have not learned the tax aspects of rental property yet and a little bit of RSUs and SOs would drive me crazy.)

@thumper1, We actually have our accounts at both banks where DS has his accounts. We do not share a joint account with him.

15

There’s very little you can’t do online so I’m not sure what you are afraid of or what you can’t do. I only go into a bank for foreign currency or deposits relating to my H’s business that can’t be processed via an ATM.

16

Mcat - I transfer $ from my account to my kids’ accounts. One kid banks at the same bank (Citibank), the other at BofA. It’s all online and done automatically at the same time every month. This is standard procedure these days.

17

The number one reason for us to go to a bank is to get quarters - for our laundry.

The laundry room is not as “modern” as, say, the laundry room at DS’s college many years ago. It os only operated by coins – as long as 70% of the washers are in working condition, we should be happy already. At one time, only a single washer was not broken. And the rent for this apartment has likely been increased by almost 40% (at least 33%!) in 5 years and its quality is still not that good.

18

When I deposit into the company account at Bank of America, I have to show a photo ID. It makes me crazy. These are small deposits, under $300 and most deposits are via check. We figure they have us on video and have our license plates as we use the drive up teller. It’s a bit much to have to show an ID. Who are they protecting? My bookkeeper and I tell them we are money laundering $6 at a time.

At my credit union, I have to swipe my ATM card. I don’t recall ever being asked for a picture.

19

@PG, Somehow my wife does not trust online banking very much. It may take a while before I could convince her that it is “safe” to do so. I should share some blame here because I had stopped touching our home computers for many years. The state of that computer is not that great. (I even suspect she has almost filled up almost all of the disk space on the only computer we have now.)

20

So if you don’t have the same bank…get Venmo. I don’t have it…because I don’t need it. But with this…you can transfer money from account to account NOT from the same bank.

Responding to comment above…no you can’t deposit cash online…but you CAN do so at an ATM…again…no ID needed.

As @mcat2. You don’t use a computer once you get home? How do you do all your CC posting? Hard to do on a phone!

And you trust the old computer to do your taxes…but not online banking…which is VERY VERY secure?