The List of Banks That Accept Third-Party Checks (+ Those That Don’t)

Short Answer: The list of banks that accept third-party checks includes Bank of America, BB&T, Chase, Citibank, Connexus Credit Union, First National Bank, HSBC, M&T, SunTrust Bank, TD Bank, and U.S. Bank. In some cases, these banks will also cash a third-party check for non-customers as long as they were the bank that issued the check. Non-account holders may face additional fees, and regulations can vary. You’ll need to show a valid photo ID and may need the other signing party present along with you. Below, we detail what you need to know about third-party checks, including the policies at the banks and credit unions that accept them.

In This Article

What Is a Third-Party Check?

Most checks are two-party checks. This means that one person or business makes out a check to another person, and that second person cashes or deposits the check. A third-party check involves designating payment to an additional payee (a third party). In order to do that, the original payee must sign it over to the third person.

A common instance of using a third-party check is in an insurance claim. For example, if you receive an auto insurance check for your car to cover accident repairs, the insurance company will often send a check made out directly to you. You may choose to cash the check directly and use the funds to pay the repair shop — or, you may instead opt to sign the check over to the repair shop that fixed your car, making it a third-party check.

Personal checks, payroll checks, and other types of checks can also become third-party checks if the original payee (the person who the check is made out to) signs the check over to you. If what you have instead is a two-party check, our article provides the list of 20+ places that cash two-party checks.

Requirements For Cashing a Third-Party Check

Third-party checks carry an increased risk of fraud and theft. As such, banks and credit unions impose strict requirements for accepting third-party checks. Some will not accept them at all.

Third-party checks must be properly endorsed on the back with signatures from both parties. In most cases, this should be done in front of a bank teller or associate — avoid depositing the check through an ATM or mobile banking app, where it’s likely to be rejected. For step by step instructions on how to endorse a third-party check, as well as a list of other places that accept third-party checks, see our article.

To cash or deposit a third-party check, you’ll need to show a current, government-issued photo ID. Verification requirements of the check’s payees vary from one bank to the next. For example, some banks may call the check’s original payee to verify identity, while others may waive the second party verification for established account holders. A number of banks require both parties to be present and provide in-person verification. Because of these variations in policy, it’s always a good idea to call your bank’s branch and ask what verification is needed to cash a third-party check. That way, you will come prepared.

Overall, the best chance of cashing a third-party check is to bring it to either the bank or credit union that originally issued the check or to the bank or credit union where you hold an account.

Banks and Credit Unions That Accept Third-Party Checks

Below is the list of banks and credit unions that accept third-party checks:

Bank of America

  • Requirements: Both parties must be present with valid photo IDs. Bank of America handles third-party checks on a case-by-case basis at each branch’s Financial Center. It’s up to the discretion of the Financial Center manager whether or not to accept the third-party check.
  • Fee:
    • Account holder: Free
    • Non-account holder: Free for checks up to and including $50; $8 for checks over $50
  • Find the nearest Bank of America

See our article for a detailed explanation of Bank of America’s third-party check policy.

BB&T

  • Requirements: Non-customers may only cash third-party checks drawn on BB&T.
  • Fee:
    • Account holder: Free
    • Non-account holder: Free for checks up to and including $50; $8 for checks over $50
  • Find the nearest BB&T

Chase Bank

  • Requirements: Non-customers can only cash third-party checks drawn on Chase. Endorsements for both payees must be correctly placed. If the check is not properly endorsed, you may incur a cost, loss, or expense.
  • Fee:
    • Account holder: Free
    • Non-account holder: $8 for checks over $50
  • Find the nearest Chase Bank

Citibank

  • Requirements: Non-customers can only cash checks drawn on Citibank. For Citibank customers, third-party checks can only be cashed up to the available checking account balance (the rest may be deposited). The original payee’s endorsement may require verification.
  • Fee:
    • Account holder: Free
    • Non-account holder: Free for checks drawn on Citibank, up to $5,000
  • Find the nearest Citibank

Connexus Credit Union

  • Requirements: Third-party (final) endorsers may be required to verify or guarantee endorsements in the presence of bank personnel. If you’re cashing a third-party check at Connexus, the teller must witness your signature. Check cashing services are available for Connexus account holders only.
  • Fee:
    • Account holder: Free
    • Non-account holder: Not available
  • Find the nearest Connexus Credit Union

First National Bank

  • Requirements: The bank may refuse endorsements by people who are not bank customers or alternately require verification for each endorsement.
  • Fee:
    • Account holder: Free
    • Non-account holder: $5 per check
  • Find the nearest First National Bank

HSBC

  • Requirements: Non-account holders may only cash personal and business checks drawn on HSBC. Endorsements must be signed exactly as appeared on the check. HSBC may charge your account for items returned due to any reason, including forgery or endorsement irregularity.
  • Fee:
    • Account holder: Free
    • Non-account holder: Personal checks drawn on HSBC are free. For business checks, fees are $3 for checks under $100 and $5 for checks over $100.
  • Find the nearest HSBC

M&T Bank

  • Requirements: Non-customers may only cash third-party checks drawn on M&T. Must verify the identity of the original payee and the third party cashing the check in person.
  • Fee:
    • Account holder: Free
    • Non-account holder: 2% of the total check amount ($3 minimum fee)
  • Find the nearest M&T Bank

SunTrust Bank

  • Requirements: Endorsements may require verification. Both payees must be present with proper identification.
  • Fee:
    • Account holder: Free
    • Non-account holder: Typically, $7 per check over $50
  • Find the nearest SunTrust Bank

TD Bank

  • Requirements: Vary by individual situation. TD Bank recommends that you call your local branch ahead of time to discuss what you’ll need to cash a third-party check.
  • Fee:
    • Account holder: Free
    • Non-account holder: $7
  • Find the nearest TD Bank

U.S. Bank

  • Requirements: Must be a U.S. Bank account holder and present valid ID in order to cash or deposit a third-party check.
  • Fee:
    • Account holder: Free
    • Non-account holder: Not available
  • Find the nearest U.S. Bank

Banks and Credit Unions That Don’t Accept Third-Party Checks

The following banks and credit unions don’t cash third-party checks:

  • Alliant Credit Union
  • Ally Bank
  • Bank of the West
  • Charles Schwab Bank
  • Citizens Bank
  • KeyBank
  • Wells Fargo

In Summary

Not all banks and credit unions accept third-party checks, but the list of banks that do includes Bank of America, Chase, Citibank, Connexus Credit Union, First National Bank, HSBC, M&T, SunTrust Bank, TD Bank, and U.S. Bank. You’ll need to provide the proper identification and, in some cases, be accompanied by the other signing party. You may also be able to cash a third-party check at the bank or credit union it was drawn on, even if you don’t bank there. You can expect fees to cash a check at most banks or credit unions where you don’t have an account. Since policy varies, it may be best to contact your local branch ahead of time and ask if you’ll be able to cash a third-party check there.

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