A third-party check is one that's written to an individual other than the person who
wishes to cash or deposit the check, according to VyStar Credit Union.
Signing over a check is a common way of legally giving or selling a check to
another person. The third-party then has the right to deposit or cash the check.
third-party cheque definition, meaning, what is third-party cheque: a cheque that
is written by one person or organization for another and that is then given…
Definition of THIRD PARTY CHECK: Check that has been endorsed by the payee
to a new party who then becomes the holder of the check.
Jul 3, 2013 ... Due to concerns that terrorists could try to obtain money through fraudulent
means that involve third-party and double-endorsed checks, some ...
Define Third-party cheque. Third-party cheque synonyms, Third-party cheque
pronunciation, Third-party cheque translation, English dictionary definition of ...
Say Jack has a cheque from Bob, and Jack wants to pay walmart with that
cheque...that would be a 3rd party check. Essentially it would be a cheque you
cheque. a BILL OF EXCHANGE drawn on a banker, payable on demand. A
cheque operates as a mandate or authority to the drawee's bank to pay the party
May 20, 2013 ... What is the difference between a first party check and a third party check? ... Third
party checks are made out to someone else and then signed ...
Sep 1, 2015 ... Usually there are two parties on a check. 1. The person writing the check or
account ... I am the third party in possession of the check and when it's deposited
into my account it is considered a third party check. Many financial ...