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An elderly relative needs to cash a check but isn’t able to go to the bank and doesn’t use mobile banking. Can you make the ...
Though it’s not common, you can sign a check written to you over to someone else. This process, sometimes known as third-party endorsing a check, allows you, the initial payee, to make a check ...
If someone writes a check to you, you could write that check over to someone else instead of cashing it or depositing it into your bank. At that point, it becomes a third-party check. Third-party ...
Whether you plan to bank some funds for yourself or sign over a check to someone else, follow these steps to give a successful endorsement.
— Endorsement in full. This type of endorsement creates a “third-party check” that you can give to someone else, who can then endorse it and cash or deposit it.
How to sign a check over to someone else Signing over — also called endorsing — a check over to someone else requires a few steps.
Cashing a check without an ID can present even more challenges. You likely won’t be able to deposit the check at a bank, but you may be able to sign it over to someone else.
You can deposit cash into someone else's account electronically, with different types of checks, money orders and wire transfers. Your bank may also offer a specific method.
And though it happens less frequently than just writing a check, signing one over to someone else is another process worth knowing.