Cashing a two-party check can be challenging.
Two-party checks are official checks made out to two entities: a person and a bank; a person and another institution; or an individual who has endorsed the check as payable to another individual. Cashing a two-party check can be challenging, especially if you don't have a bank account.
Instructions
Bank Account
1. Have the check endorsed by both parties. Most banks will not cash a two-party check if both persons listed on the check have not endorsed it.
2. If the check is from a local bank, cash it there. This is usually the easiest method because the local bank generally will be able to tell right away if the check is genuine.
3. If the check is not drawn on a local bank, take it to a bank where you have an account. In most instances, your bank will be willing to honor the check.
Store
4. Call ahead. Not all stores accept two-party checks, and some have special restrictions. Find out beforehand if you'll have to meet any requirements to cash the check.
5. Have both parties endorse the check and be prepared to show identification.
6. Use the customer service counter if possible. Cashing a two-party check in the checkout line often takes longer and is more complicated than going to the customer service counter at the start of your visit. If the store requires you to purchase a certain amount to cash the check, pick up your purchases first.
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