2007-03-28 04:18:18 · 4 answers · asked by Motherof2 3 in Business & Finance ➔ Other - Business & Finance
It means you can't sign the check over to someone else to cash it for you, nor can you give it to them and say it's yours, sign it and write "pay to the order of xperson" so that they can cash it for themselves.
Basically it saves the company who wrote the check from having someone cash your check unauthorized.
2007-03-28 04:23:30 · answer #1 · answered by ~*Kim*~ 3 · 3⤊ 0⤋
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if you put a stop on it no one can cash it. no matter what you have written on it, as long as the stop is on it, its not cash able. but a stop on a check only lasts 6 mos. so if your worried about the check you need to put the stop back on it every six months. if you want to not have to honor the check. where your check is imprinted with the third party warning, under it imprint not valid after 30 or 60 days and the check won't be cashed after that date. if the bank cashes a check that has a stop on it, it's their fault not yours and you can't be charged for that. the bank would have to give you the money back.
2016-04-02 09:34:58 · answer #2 · answered by Michele 4 · 0⤊ 0⤋
3rd Party Endorsement
2016-12-11 20:46:44 · answer #3 · answered by Anonymous · 0⤊ 0⤋
It means that you can't go and cash it with someone like at a food store you have to go to bank so that they can give you the money
2007-03-28 04:29:32 · answer #4 · answered by Anonymous · 0⤊ 1⤋