Originally Posted by
rburrel
I know it's a "no no" to deposit MO's into WFC. What is the verdict on depositing cash or checks into the WFC account? Is there any added risk associated with this?
I have a BofA across the street from WF. I've been dumping my MO's there. It would be really easy for me to draw 6 or 8k out of this account and walk across the street and deposit into my WF account. This doesn't seem out of the ordinary to me as many people get paid in cash.
Cash and MOs are equally badly scrutinized. Ask me how I know.
Originally Posted by
rburrel
Also, how about personal check deposits. I'm thinking of letting my wife deposit 6 or 8 MO's into her bank account, then write me one, large check that I would deposit directly into WF checking account. Thoughts?
This should be ok. But then your wife will eventually have the issue of depositing MOs.