Q:
How do you endorse a check to someone else?
A:
Quick Answer
To sign a check over to another person, ask the other person's financial institution if it allows this type of endorsement. If it does, sign your name on the back of the check, then write the name of the other person underneath your signature.
Continue Reading
Credit:
SashaGalatchenko
iStock
Getty Images
Full Answer
- Seek the approval of the financial institution
Check with the bank that is going to handle the check to see if it takes checks that are signed over. Generally, the person to whom you are signing over the check should have enough money to cover the check.
- Sign your name
Put your signature on the back of the check on the top endorsement line.
- Sign the check over
Underneath your signature, write "Pay to the order of" followed by the name of the other person to whom you are signing over the check.
Sources:
Related Questions
-
Q:
What is the definition of a dishonored check?
A: A dishonored check is defined as a check that has been presented to a banking institution for payment and has been returned to the depositor due to insuffi... Full Answer >Filed Under: -
Q:
Can a personal check be deposited at an ATM using a prepaid card?
A: A personal check can only be deposited if the payee has an open account at the institution. A prepaid card does not qualify as an account. Full Answer >Filed Under: -
Q:
When is a check considered stale dated?
A: A check is generally considered stale dated if it was written more than six months prior to being presented to a bank or other financial institution. At th... Full Answer >Filed Under: -
Q:
What does "reason 3" mean in the Certegy system?
A: Reason code 3 in Certegy's check codes means that the payment system flags a transaction for notice because the check originates from a suspect banking ins... Full Answer >Filed Under:
