You can cash a third-party check at some banks, recognition unions, and several check-cashing stores across the state. Some of the top banks and credit unions where you can cash third-party checks include the Bank of America, Citibank, HSBC, Chase, M & T, and Chartway Federal Credit Union .
several check-cashing stores besides offer third-party check-cashing services. Leading the compact in the class are stores like The Check Cashing Store, ACE Cash Express, and Check ‘ N Go .
regardless of where you choose to cash a third-party check, be ready to show proof of identity. In most cases, you ’ ll need a government-issued photograph ID. besides, some institutions require that both payees must be present at the clock time of cashing the check.
Most credit unions won ’ t blame you any fees but expect to pay third-party check-cashing fees in most banks and check cash stores if you are a non-customer. besides, bill that grocery stores, convenience stores, and boast stations offer other check-cashing services, but they will not cash a third-party check for you .
What is a Third-Party Check?
A third-party check is a check that involves two payees. The hindrance is originally drawn for one person ( written to person. ) rather of the master payee cashing the crack decides to designate requital to a moment person who then cashes or deposits it .
Third-party checks are common in indemnity claims. For case, you may receive an car insurance check for your car to cover accident repairs. The insurance ship’s company sends the check directly to you rather of the car compensate shop. In this shell, you have two options :
- You can cash the check yourself and use the funds to pay whoever fixed your car.
- Sign the check over to the repair shop so they can cash it themselves. In this case, the insurance payment becomes a third-party check.
A third-party check is simply a bipartisan check that has been signed over to another person in a nutshell. That means any check can become third-party, including personal checks, payroll, and other types, deoxyadenosine monophosphate long as the original payee signs it over to you. The original payee of the check has to sign the check and endorse it before it can be used as a third gear party control. A third party check is besides known as a double over back discipline .
In the encase of a third base party check, the chief party is the bank from which the assay is initially drawn. then comes the secondary party, which represents the person or establishment that drew the check against funds to deposit in their deposit. finally, the third party is the person who endorses the check .
Can I Deposit Someone Else’s Check into my Account?
You can deposit a check made out to person else in your bank account if the payee endorses the check over to you. To endorse it to you, they will need to write “ Pay to
however, it is important to remember that banks aren ’ t obligated by law to accept third-party checks. The decision to accept or refuse the arrest is up to the bank ; you will need to prove your identity when cashing a third-party check .
ampere hanker as the check is endorsed correctly, some banks will process it in the absence of the original payee. other banks will not accept such a check unless the original payee is show and brings a valid ID .
Some early banks will accept such checks only when the check is jointly made out to two parties. For example, with a marry couple, one person endorses it over to the other person allowing him/her to deposit it in a offprint score .
A few banks will require the joint check to be deposited into a joint bank report, particularly if it is a politics check, such as a stimulation check mark or an IRS refund. No bank will accept it if both parties are non-account holders in the bank .
What do I Need to Cash a Third-Party Check?
Third-party checks carry an increased risk of larceny and fraud. To protect you, deoxyadenosine monophosphate well as themselves from losses, banks, accredit unions, and other places that cash third-party checks impose nonindulgent conditions and requirements before accepting. Others will not cash a third-party requital in any of their locations .
hera is what you need to cash a third base party check :
- Endorsement: For a third-party check to be accepted, it must be properly endorsed to you on the back with signatures from both parties. It is even better when the endorsement is done in front of the bank personnel.
- Identification: You will need to provide a government-issued photo ID to cash or deposit a third-party check. Verification for the original payee is also required. Some banks may call the original payee for confirmation or a guarantee. In contrast, others require both parties to be present when cashing the check to provide in-person verification. For established account holders that have a relationship, a few banks may waive the second-party verification requirement.
ascribable to these policy variations, consider calling your bank ahead of time to inquire about their conditions and requirements for cashing a third-party check .
How to Endorse a Third-Party Check
You can endorse a third-party check by signing it over to another person. alternatively of signing on the first agate line as you would do when cashing the control yourself, write “ Pay to the arrange of < X >. adam is the third party. A third base party may be a person or business the check is being endorsed over to .
then you ( the original payee ) signs the second base tune on the back of the assay. The third-party will sign their name on the third base line .
It ’ mho identical simple ! Always consider endorsing a third-party check in front of bank personnel such as a teller or teller so that they can witness your signature. For case, I always make sure I sign a text file in front man of the personal banker when I need something notarized .
early places may require the original payee to be present for in-person confirmation .
Because third party checks change hands more frequently than even checks, there are some factors you need to consider while signing one. The beginning thing to keep in mind is that you should confirm with the receiver ’ s savings bank if it accepts a third party check. If not, you might run into some problems and dissatisfied customers .
When you ’ re depositing a check on person ’ mho behalf, you should know that you ’ rhenium responsible for the check ’ s funds if it doesn ’ deoxythymidine monophosphate go through. Being liable for a bounce match means that you need to be much more careful when dealing with one-third party checks .
Banks are not obligated to honor third party checks. There is more room for deceitful transactions when it comes to these checks, which means that trust personnel are normally very careful when dealing with them .
If you try to add extra signatures to the second of the check and try in different places, it might besides lead to confusion. For this reason, you should always check with your bank before you endorse or accept a third-party check .
Another tip you can keep in mind when dealing with these checks is to go to the trust with the person depositing the check. This will help speed up the march as the bank will not suspect any criminal activity when you ’ ra present .
17 Third-Party Check Cashing Places Near Me
now it ’ randomness prison term to answer the big questions in your mind : Where can I cash a third-party check mark near me ?
here is a summation of 17 places near you .
The most dependable way to cash a third-party check should be your bank, where you ’ re an report holder. Since you are a customer, your deposit is always happy to help you .
You may besides be able to cash a third-party assay at an issuing bank. however, most banks charge a tip to non-customers for cashing a third-party check .
It is authoritative to note that banks are not obligated by the jurisprudence to accept third-party checks. consequently, the bank ’ south policies will determine whether you can cash or deposit it. A branch director can be the determining component for each branch .
Consider depositing the check-in person rather than via mobile or ATM deposit to tilt the odds of adoption in your favor. Always bring a valid government-issued photograph ID for identification purposes .
Call your bank or outgrowth ahead of meter since the requirements can vary .
here is a summation of banks where you can cash a third-party check, starting with the best options overall .
1. Bank of America
The Bank of America is a top overall choice for anyone looking to cash a third-party discipline. They have fiscal centers in over 39 states across the US and have ATMs that dispense $ 10 bills. For them, third-party checks are handled on a individual basis. That means the discretion on whether to accept or not to accept a third-party check rests with the Financial Center Manager .
Bank of America account holders can cash third-party checks for free. Non-customers can cash third-party checks for free up to $ 50 and pay $ 8 for anything over $ 50. Both parties must be salute with valid photograph IDs at Bank of America to cash it .
Find a nearby Bank of America .
With closely over 700 branches in the US, Citibank is a great place to cash a third-party check .
Requirements to cash a third-party check at Citibank:
- Citibank account holders can only cash it up to the available checking account balance. If the check amount is more than the balance, the remaining balance may be deposited.
- Non-account holders can only cash checks drawn from Citibank.
- May require the original payee to verify or guarantee their endorsement.
Citibank customers will not pay fees. Non-account holders can enjoy cashing third-party checks drawn on Citibank for free up to $ 5,000 .
Find a nearby Citibank .
3. Chase Bank
Chase Bank has more than 4,700 branches in unlike states across the area, making it an ideal place to cash a third-party check. They are besides one of the few banks that have ATMs that let you withdraw $ 5 .
Requirements to cash a third-party check at Chase Bank:
- Non-account holders cannot cash third-party checks drawn on Chase.
- Make sure that endorsements are correctly placed. Wrongly endorsed checks may attract a charge or a loss of use.
Chase Bank account holders can cash third-party checks for barren. Non-customers can transact checks up to $ 50 for release, then pay an $ 8 fee over $ 50 .
Find a nearby Chase Bank .
4. First National Bank
First National Bank has closely 340 bank offices across the state. Third-party checks are handled on an exception basis for non-customers. That means the bank may refuse endorsements by non-account holders. alternatively, the bank may require mugwump confirmation for each endorsement .
Cashing third-party checks is free for First National Bank customers, while non-customers pay a $ 10 fee per check .
Find a nearby First National Bank .
HSBC has over 200 branches in the US .
Requirements to cash a third-party check at HSBC:
- Non-account holders may only cash business and personal checks drawn at HSBC.
- Endorsements must match the exact names on the check.
- Improper endorsements may result in charges; you will be charged for any items returned.
Cashing personal checks is free for customers. Non-customer commercial enterprise checks up to $ 100 confront a fee of $ 3, and transactions over $ 100 yield a $ 5 fee .
Find a nearby HSBC
6. Suntrust Bank and BB&T (now called Truist)
now known as Truist, the compound banks have over 2,000 branches in the U.S .
Requirements to cash a third-party check at Suntrust includes:
- All endorsements require verification, and both payees must be present along with their verifications documents.
- Account-holders can cash third-party checks for free. Non-customers will pay a $7 flat fee per check over $50.
Find a nearby Suntrust Bank .
BB & T non-customers may only cash third-party checks drawn on BB & T. A tip of $ 8 is applied for checks over $ 50 for non-account holders .
Find a nearby BB & T
7. M&T Bank
With more than 750 branches in the U.S., M & T Bank may be a capital place to cash a third-party check if you live in the northeast. Non-M & T customers can merely cash a third-party check issued from the bank. Both the master payee and the other party must be present for in-person verification .
by and large, non-customers pay a fee of 2 % for the total check amount. There is a minimum fee of $ 3 and a utmost tip of $ 20 .
Find a nearby M & T Bank.
Read more: Average Credit Card Debt in America: 2021
8. TD Bank
TD Bank has over 1,200 branches chiefly located toward the east seashore. Their requirements for cashing third-party checks vary by location and individual situations .
TD depository financial institution recommends calling ahead of time to get the green light from your local branch director. If accepted, account holders can cash third-party checks for detached, while non-customers face a $ 7 agitate per check .
Find a nearby TD Bank .
9. U.S. Bank
The U.S bank has about 3,067 branches across the nation. They require that U.S. Bank customers cash or deposit third-party checks in person at one of their branches, while non-customers can only cash third-party checks drawn on U.S. Bank. Cashing a third-party check is free for customers and $ 7 for non-customers .
Find a nearby U.S. Bank .
Are you a penis of a credit marriage ? We discuss the top credit unions across the area that allow you to cash and deposit third-party checks .
10. Chartway Federal Credit Union
The Chartway Federal Credit Union has about 30 branches. They have the following requirements for cashing third party checks :
- Members can cash or deposit any third-party check.
- Non-members can also cash it as long as they are drawn on Chartway.
- Both members and non-members can cash it for free.
Find a nearby Chartway Federal Credit Union .
11. Connexus Credit Union
Check cash services are available for Connexus members only. Non-members can not cash a check at Connexus Credit Union. here are credit union ’ second policies :
- Third-party endorsements may require verification or guarantee in the presence of credit union personnel.
- The teller must witness your signature when cashing a third-party check at Connexus.
- Account-holders can cash for free.
Find a nearby Connexus Credit Union .
12. Navy Federal Credit Union
It has approximately 316 branch locations in the United States. The Navy Federal Credit Union requirements for third-party checks include :
- For members, it must be signed in the presence of a teller.
- Only checks drawn on NFCU are accepted for non-members. Both parties must be present for in-person verification.
- Free check-cashing for NFCU members and non-members.
Find a nearby Navy Federal Credit Union .
Check Cashing Stores
aside from banks and credit unions, check cashing stores offer great alternatives for third-party check cashing places near you .
Check-cashing stores always charge a fee, unlike most citation unions. The fees will vary from store-to-store, the type of check, and the amount .
here ’ s a list of confirmation cash stores that accept third-party checks and the associate fees .
13. ACE Cash Express
Ace Cash Express is a top check cashing store with over 950 locations in 23 states. The rules vary by memory, but generally, they require both parties to be deliver and verify the endorsements .
The ACE Cash Express fees are typically 3 % of the check come but change by check character, amount, and store location .
Find a nearby ACE Cash Express open Saturdays .
14. Advanced Financial
Advanced Financial has over 100 branches in Tennessee that offer on-line loans, money orders, prepay cards, ATM services, bill pay, line of credit loans, Western Union electrify transfers .
Requirements to cash a third-party check at Advanced Financial
- The checks must be endorsed in person, and the endorsers may be required to verify their original signatures.
- Government, payroll, and stimulus checks have a 1% to 2.99% fee of the total amount. The minimum fee for a government check is $2 and a $3 fee for payroll.
- Personal checks are charged a 10% fee of the total amount. A minimum fee of $5 applies.
All other checks are charged at a pace of 1 % to 5 % of the sum check sum. The minimum fee per check is $ 5 .
Find a nearby Advance Financial open on weekends .
15. Check ‘N Go
Check ‘ N Go has about 900 locations across the US that offer cash advances, installation loans, payday loans, and more .
They require in-person confirmation for both parties .
The fees at Check ‘ N Go deviate by placement, type of match, and come. The fee starts at 1.99 % of the full check sum .
Find a nearby Check ‘ N Go open on Saturdays .
16. The Check Cashing Store
You can cash a third-party check at only select The Check Cashing Store locations. Over 40 of their locations in Florida crack services like mobile check cash, loans, Western Union wire transfers, get money orders, and prepay cards .
The fees charged change by character of match, amount, and localization .
Find a nearby The Check Cashing Store open 7-days a week .
17. Speedy Cash
many Speedy Cash locations cash third-party checks and even offer 24-hour check-cashing services. They require that the original payee and the issue bank must be confirmed at the time of cashing. Most of the clock, Speedy Cash will call both parties for verification via telephone .
Check Cashing fees start at $ 2 at most Speedy Cash locations, although this may vary .
Find a nearby Speedy Cash open 24-hours .
18. PNC Bank
PNC Bank offers a check-cashing overhaul for both customers and noncustomers. While this service is absolutely free for existing customers, non-account holders are required to pay a small fee of $ 2 if the assay sum exceeds $ 25 .
Make sure the check has the signature of both the account holder a well as the person to whom the check was actually issued .
once both parties endorse the check with a key signature, the account holder can get it cashed with a valid photograph ID .
PNC has locations in close up to 19 states, with over 2459 bank branches and 9000+ ATMs, so it ’ s accessible to a big share of the population. Find a nearby PNC .
What Places Don’t Cash Third-Party Checks?
many places don ’ metric ton offer third-party check cash services. As confirmed by their customer services, the trace banks, credit unions, check cashing stores, grocery store and convenience stores don ’ t cash third-party checks, normally .
Banks and Credit Unions
- Allied Federal Credit Union
- Ally Bank
- Bank of the West
- Charles Schwab
- Citizens Bank
- Discover Bank
- Fifth Third Bank
- PenFed Credit Union
- Regions Bank
- Wells Fargo
Check Cashing Stores
- Check Into Cash
- Community Financial Services Center (CFSC)
- Friendly Check Cashing
- Money Mart
- Mr. Payroll
- PLS Check Cashing
- United Check Cashing
Although most banks and accredit unions above don ’ metric ton typically cash third-party checks, they may allow you to deposit third-party checks into your history. Depositing via a mobile app or an standard atmosphere increases your chances of being denied. To avoid this, it is advisable to make the deposit in person at the bank .
Who Will Cash a Third-Party Stimulus Check?
arsenic long as the check is endorsed correctly, most banks, credit unions, and check-cashing stores will cash a third-party stimulation check. It ’ south alike to a third-party IRS refund check issued to a taxpayer who then signs it over a different person .
When in doubt, call the savings bank, credit union, or any other place where you wish to cash the check ; ask about the requirements for processing the transaction. Some institutions may require both parties to be give for in-person verifications with a valid photograph ID. Many will require the confirmation or guarantee of the original payee .
Does Walmart Accept Third-Party Checks?
Walmart does not accept third-party checks at its Money Center department. Most grocery and convenience stores provide other types of check-cashing services for payroll and government. You will rarely find any memory, including Walmart, that cashes third-party checks .
Can You Deposit Someone Else’s Check in your ATM Account?
You can deposit a third-party check in your ATM report. The same rules apply when depositing person else ’ s check via an ATM. vitamin a hanker as the original payee has endorsed it to you by signing the back of the check, you can decidedly deposit a third-party check at an ATM .
But chances of being denied are high when you deposit via a 24-hour ATM. It ’ s advisable to consider depositing the check in-person with a bank teller to increase the odds of being deposited .
Can I Deposit a Check With One Name in a Joint Account?
It depends on how the joint account was set up. Most of the time, joint accounts require the check to bear only one of the report owners ’ signatures. In that character, you may be able to deposit a check with one name in a joint account .
But if the report is set up sol that two signatures are required, it will have two signature lines, and both must be signed to make the lodge .
Can you Cash a Third-Party Stimulus Check?
You can cash a third-party stimulation check at any bank, credit union, check cashing stores, and any other fiscal institution that normally cashes third-party checks .
It ’ mho typically a refund confirmation issued to a taxpayer who then signs it over to another person. The check can be endorsed to another person, just like any other check to be cashed .
A fiscal institution will accept it because they know its valid and backed by the government. The check must be endorsed on the bet on with a signature and the name of the payee .
To endorse a third-party stimulation check, write “ Pay to the ordain of ” on the foremost line. then, write the person ’ second identify to whom the check is being endorsed, followed by your name as it appears in front of the crack .
Are There Any Alternatives to Using a Third-party Check?
While sometimes third-party checks are the only way you can transfer funds from one person or establishment to another, they are not the most commodious option and might actually cause issues at the bank. Banks might outright refuse to serve you if the right parties are not present .
thankfully, there are some alternatives that you can use alternatively of a third-party check mark. If you have a bank account, you can deposit the cash yourself in your account and then use a teller ’ sulfur check. You can besides send money on-line, which is a much more commodious manner of carrying out transactions. Most on-line transactions today are besides exempt .
If you do not have a bank account, you can well open one. Using a deposit account saves you a batch of time, campaign, and money. And you can normally get a free check history. Another thing you can do is use a postpaid debit card that does not charge a gamey premium or transaction fee to send funds to third parties.
Where Can I Cash a Third-Party Check Summary
Banks, credit unions, and check cash stores are the most coarse places to cash a third-party check near you. Each position has its own requirements and fees, while early places like gasoline stations, grocery store stores, public toilet stores, and Walmart will not cash a third-party check .
Policies for cashing a third-party check change from one fiscal institution to another ; hence it ’ randomness significant to call ahead of time to make and inquire .