- Checks drawn by account owner, payable to Penson Financial Services, Inc.
- Brokerage checks payable to our customer or to Penson Financial Services, Inc. for the
account of our customer, signed by the customer to be deposited into his/her account as the check is entitled.
- Bank checks drawn from customer’s account payable to Penson Financial Services, Inc. or to the account of our customer and customer endorsed. (Cashier’s check)
- IRS/Government checks payable to our customer.
- Dividend checks payable to Penson Financial Services, Inc. or our customer.
- Bond interest checks payable to Penson Financial Services, Inc. or our customer.
- Cashier checks for domestic customers only.
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- Checks with incomplete information (no acct #, no payee, no signature, written amount not completed).
- Check signed by customer as partner of business for deposit into his/her personal account.
- Check signed by customer as proprietor of business, unless a proprietor letter is on file.
- Checks signed by customer as agent or attorney.
- A check from a Penson checkbook made out to another Penson account.
- Checks drawn on a bank outside the US.
- Checks incorrectly endorsed
- Stale dated checks (six months or older).
- Trust account checks payable to non-trust accounts.
- Cash
- Money Orders
- Travelers Checks
- Credit Cards
- Credit Card Check
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