How to Cash a Third Party Check Online: Step-by-Step Guide

FAQs & Answers

1. What is a third-party check? A third-party check is a check that is written to one person but endorsed to another person. The original payee must endorse the check for it to be cashed by the third party.
2. What banking apps can I use to cash a third-party check online? You can use banking apps like Chase QuickDeposit or PayPal to cash a third-party check, as long as the check meets the specific acceptance criteria of the app.
3. What endorsements do I need for a third-party check? To cash a third-party check, both the original payee's endorsement and your endorsement must be on the back of the check to avoid any issues with processing.
4. Are there any fees associated with cashing a third-party check online? Some banking apps may charge fees for cashing checks, including third-party checks. It's always best to check the app's fee structure before proceeding.