We have a customer who has an account set up as a representative payee. This customer recently received a letter removing his representative and is now receiving SSI checks in his name. Can we simply change the type and title of the existing representative payee account or should a new account be opened? Does this person now have rights to the existing representative account?
Can a representative payee on a Social Security Income check deposit the check in his personal account? This is in Pennsylvania if that matters.
What documentation do we need to have if a person wants to name a Nursing Home their Representative Payee?
A customer came in with papers that show she has requested a representative payee, however, she also has a guardian. The guardian is her soon-to-be ex husband. What papers would we need to legally remove him as guardian? Can we still open a new account with the representative, without the guardian present?
Can we allow a cosigner on a representative payee account?
Our bank currently handles accounts for a mental institution which tracks accounts for its clients. It sort of serves as the custodian. The account is opened using the client's SSN, but he does not have access to the account and is not a signer. There has been a debate as to whether the client should be listed as an owner because we are using his Social. But my feelings are that if he is listed as an owner, he is automatically a signer, therefore having access to the account. Can you clarify the difference between owner and signer for us?
Question: We have a Representative Payee account on which the beneficiary wants to make withdrawals.
We have a Nursing Home that makes regular deposits with checks from Social Security. These checks are payable to residents, but only endorsed by the home. For health reasons, most of these people are unable to sign. What is the proper procedure to handle these items?
A customer has been appointed guardian for his mentally retarded brother. He wishes to open an account for the mentally disabled brother to deposit his SSI check and a check from an opportunity center. 1) Does there need to be a separate account for the SSI? 2) How should the title on be listed on the account, since the brother is not capable of writing checks? 3) What documentation other than the attorney's appointment of guardianship do we need for the account?
We have a group home in our area for mentally challenged individuals and many want to set up accounts with the bank. They receive Social Security payments made payable to representative payees. What documentation should we require for verification, and how should the accounts be titled?