Bank of America Third-Party Check Policy: Fees & Requirements Detailed

Short Answer: Bank of America handles third-party checks on a case-by-case basis. To cash or deposit a third-party check, it must be endorsed by all parties, and both signing parties should be present at the branch’s Financial Center. This applies to both Bank of America customers and non-account holders. If approved, the service is free for account holders. Non-account holders must pay $8 for checks over $50. Below, we have more details on what you need to know about Bank of America’s third-party check policy.

Bank of America Third-Party Check Cashing Policy

Bank of America will cash or deposit a third-party check in some cases, but not all. A third-party check is one that has been made payable “to the order of X,” where X is another person designated by the original payee. There are strict regulations for cashing or depositing a third-party check due to an increased risk of fraud. Bank of America Financial Center desks handle third-party checks on a case-by-case basis.[1]

The Financial Center manager will assess each situation to determine if the check will be accepted. If so, the service is free for account holders. Non-account holders are subject to a fee of $8 for checks $50 or more.[2]

The check must be endorsed by all parties,[3] and the bank may also ask for ID to verify the signatures. Both signers should be present and have photo IDs ready at the time of depositing or cashing the check. Note that Bank of America and other banks can refuse third-party checks if they suspect fraud or if the signatures cannot be verified.

Our article has step-by-step instructions for how to endorse a third-party check. Also, if you don’t have any luck at your local Bank of America, we also have the list of banks that accept third-party checks.

For more on Bank of America policies, see our article on cashing a large check at Bank of America.

4 comments

  • Robert Carney says:

    I have a check in the amount of $16,251.50 written on Bank of America from where I was hit by a car on the crosswalk last October the 8th but have no ID.

    • Lindsey Desmet says:
      First Quarter Finance logostaff

      Hello, Robert! For options, see our article on how to cash a check without ID. Banks, retailers, and check cashing stores do require ID for you to cash a check, but there are a few alternatives you can try, which we detail in that article. Best of luck!

  • Hi, I am wondering how I can cash my payroll check. I do not have a valid ID at the moment. I have a paper ID but it is expired. Would it be possible to sign the check over to somebody else so they can cash it for me?

    • Lindsey Desmet says:
      First Quarter Finance logostaff

      Hello, Alyssa! You can try signing the check over to someone else, but the bank may still ask for IDs to verify both of your signatures. You may also want to try using an alternative form of identification. We have a dedicated article on ways to cash a check without an ID which explains your options.