Though the Social Security Administration "allows" representative payees to have checking accounts for the benefit of the recipient, what do you think about ATM cards being issued?
What are our responsibilities on negotiating a US Treasury Check payable as follows: Ruby Winter for Jessica Summer The check will either state "Soc Sec for July" or "SSI for July". Can it be accepted for deposit into an individual account for Ruby, can Ruby cash it,or must it be deposited into an account styled exactly like the check is payable? Do we have any responsibility for ensuring the funds are used for the minor? It has become a customer service issue. For example, perhaps Jessica's father was killed, so she receives the SS benefit. Ruby uses the money to make the house payment, buy groceries, etc. and does not want to keep up with another account.
Is there a regulation that prohibits us from accepting direct deposits, when the person on the direct deposit is not on the account the money is going into? (ie. child support payments, rent payments)