homepage Welcome to WebmasterWorld Guest from 54.234.141.47
register, free tools, login, search, pro membership, help, library, announcements, recent posts, open posts,
Pubcon Platinum Sponsor 2014
Home / Forums Index / Local / Foo
Forum Library, Charter, Moderators: incrediBILL & lawman

Foo Forum

    
Definition of Thrid Party Check please.
AthlonInside

WebmasterWorld Senior Member 10+ Year Member



 
Msg#: 8993 posted 7:07 am on Jun 9, 2005 (gmt 0)

Why is a 3rd party check?

If a check is payable to me from my boss, is it a 3rd party check?

 

grandpa

WebmasterWorld Senior Member 10+ Year Member



 
Msg#: 8993 posted 7:33 am on Jun 9, 2005 (gmt 0)

If you're trying to cash it at the corner grocery store, then yes it's a 3rd party check (from their perspective). Taking the same check to the bank it was issued on removes the 3rd party (grocery store). Your own bank should accept it too (not as 3rd party).

That's my understanding. Of course, this comes from someone without a bank account or even any money :)

AthlonInside

WebmasterWorld Senior Member 10+ Year Member



 
Msg#: 8993 posted 7:38 am on Jun 9, 2005 (gmt 0)

So If I got a check payable to my name from my BOSS and I bank it into my own account (under my name), that's not a 3rd party check right?

grandpa

WebmasterWorld Senior Member 10+ Year Member



 
Msg#: 8993 posted 7:41 am on Jun 9, 2005 (gmt 0)

I wouldn't think so. When I was a regular working stiff on a 9 to 5 schedule, that's how we handled it every other week.

tbear

WebmasterWorld Senior Member 10+ Year Member



 
Msg#: 8993 posted 8:38 pm on Jun 9, 2005 (gmt 0)

If your boss paid you with a check from someone else (the third man, LOL), not related to your deal with the boss, it would be a third party check (or cheque).

imstillatwork

10+ Year Member



 
Msg#: 8993 posted 4:08 pm on Jun 10, 2005 (gmt 0)

A three party check is a check written by person A, to Person B, and given to person C as payment.

Global Options:
 top home search open messages active posts  
 

Home / Forums Index / Local / Foo
rss feed

All trademarks and copyrights held by respective owners. Member comments are owned by the poster.
Home ¦ Free Tools ¦ Terms of Service ¦ Privacy Policy ¦ Report Problem ¦ About ¦ Library ¦ Newsletter
WebmasterWorld is a Developer Shed Community owned by Jim Boykin.
© Webmaster World 1996-2014 all rights reserved