How Do You Cash A Second Party Check?
A second-party check is a check written by someone else (the second party) to you, which you then attempt to use as legal tender. Even though the check is written to you, the money is coming from the second party’s bank account, so many merchants will not accept a second-party check as payment; if the check bounces they may have little, if any, recourse to recover the lost funds. Take the check to either a financial institution where you have an account in your own name or the institution on which the check is drawn; find this information on the front of the check. Sign the back of the check. Wait to do this until you’re at the bank or credit union. If you were to sign it elsewhere and then lose it, it’s easy for someone else to cash it. Present the check along with photo identification. If you’re cashing the check through your own financial institution, provide your account number.
