How to Deposit a Check with Two Names: Step-by-Step Guide

Learn how to deposit a check featuring two names. Discover the required endorsements and bank policies.

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To deposit a check with two names on it, verify how the names are listed. If it's 'and,' both parties must endorse it. If it's 'or,' either party can endorse it. Ensure all parties sign the back of the check if required and check with your bank for specific policies.

FAQs & Answers

  1. What should I do if a check has two names connected by 'and'? If a check has two names connected by 'and', both parties must endorse the check for it to be deposited.
  2. Can I deposit a check with two names connected by 'or' by myself? Yes, if the check has two names connected by 'or', either party can endorse it independently to deposit the check.
  3. Do both parties need to be present to deposit a check with two names? For checks marked with 'and', both parties usually need to be present for the deposit, but for checks marked 'or', only one party is needed.
  4. What should I verify before depositing a check with two names? Verify how the names are listed on the check and check with your bank for any specific policies regarding deposits with multiple endorsers.

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