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What is a check endorsement?

A check endorsement is a crucial step in the process of cashing or depositing a check, serving as a legal verification of the transfer of ownership from one party to another. It facilitates banking convenience, allowing customers to deposit checks via ATMs or mobile apps. However, check endorsement also presents challenges and risks.

How do I endorse a check?

Endorsing a check allows your bank and you, or a third-party, to settle the funds associated with the check. There are several ways to endorse a check, and how you endorse a check depends on what you want done with the money and how the check needs to be filled out. Confirm the information of the check.

Who must endorse a check?

Joint Payees: If a check is made out to multiple people (e.g., John and Jane Doe), typically both must endorse it unless it says “or” between the names, which allows either to sign. Business Payee: If the check is made out to a business, an authorized representative must endorse it on behalf of the business.

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