12/26 What's the proper way to endorse a check over to a third party?
\_ what does endorsing a check to a third party mean? (serious question)
\_ what does endorsing a check to a third party mean? (serious
question)
\_ Allowing a check to be cashed by someone else other than the
stated recipient. Note that when you sign the back of the check
that is endorsing it. In normal cases, the third party is a bank.
\_ Signature
Pay to the order of
Third party
or something like that. anything that makes it very clear.
Or, you can just sign it, give it to them, and trust they don't
lose it.
http://www.pekinhigh.net/academics/voced/godby/03mcgina/mcginnis.htm
\_ I got a rebate check from dell payable to the fictional company
I used while buying from their small business division (I
now know to just put my name as the company's name). The check
says not to allow third party endorsements (above where you are
supposed to endorse it). Nevertheless, I signed my own name
and deposited it into my credit union account. Being on
friendly terms with the teller lady and explaining the situation
to her might have helped
\_ I think generally if the check is small and you are
depositing it in an account that has been around for a
while banks just really don't care much. They figure the
chance that you are going to scam them and they wont be
able to just take the money out of your account if something
is screwy just ain't worth the money carefully checking
all those checks would take. |