Can someone else cash the check instead of the beneficiary? | Ask Banky

Editor-in-Chief Mohamed Salah

ع

Editor-in-Chief Mohamed Salah

Can someone else cash the check instead of the beneficiary?

Asked by Banky team 2 months ago 1 views
Banky team Reviewed editorial answer

It depends on the type of check, its format, its negotiability, and the bank's requirements.

Don't give a check made out to you to someone else and assume they'll cash it with a simple signature; ask the bank about the correct procedure.

Source

Discussion

Join the discussion

Sign in to add your comment or reply to other readers.