Bank of America Third-Party Check Policy

Short Answer: Bank of America handles third-party checks on a case-by-case basis. In order to be cashed or deposited, the third-party check 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. We have the details on what you need to know about Bank of America’s third-party check policy below.

Does Bank of America Accept Third-Party Checks?

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. According to Bank of America corporate customer service representatives, third-party checks are handled on a case-by-case basis at each branch’s Financial Center desk. 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.

The check must be endorsed by all parties, according to Bank of America’s Deposit Agreement. 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 fraud is suspected or the signatures cannot be verified.

If you’re not sure how to endorse a third-party check, our article has step-by-step instructions for how to sign. And 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.

In Summary

Bank of America accepts third-party checks on a case-by-case basis, subject to manager approval. Third-party checks must be endorsed by all parties, and both signers should be present at the branch’s Financial Center. Non-account holders are subject to a fee of $8 for checks over $50. For more on Bank of America policies, see our article on cashing a large check at Bank of America.

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2 comments

  • 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.