Checks have made financial proceedings much easier and have lessened cash handling. You may have to deal with third-party checks, whether a financial agent or a normal person. But many problems are associated with cashing a third-party check because they require extra security checks for verification.
The normal query aroused by people is how to cash a third-party check. Because of the customer traffic and their digital services, people prefer Chase banking more. So in this article, we will describe how to cash a third party check at Chase, so keep on reading. But before that, there are some terms you have to consider before cashing a third-party check at Chase.
Do you need an ID to cash your third-party check?
In most circumstances, when you have a regular check, there is most minor ID verification for cashing a check. Or if the amount is the least. But when it comes to high cash value checks, it becomes necessary for security purposes. If you are a Chase customer, you do not need an ID. But they may ask you for a valid ID when you are cashing a third-party check and don’t hold an account there.
You can use other primary IDs to cash your check. These include:
- Driving License
- State ID
- Military ID
You can use these ID alternatives when cashing a third-party check. But the bank cashing it may verify your check by signing to a third party from the original payee.
Using Secondary IDs to cash a 3rd party check
Some banks allow you to cash your check with your secondary ID if you don’t have a primary ID. Chase bank is one of them. Chase bank allows this service to customers with a registered or checking account. Because they already have your ID data for their verification. Various secondary IDs that can be used are:
- School photo ID
- College photo ID
- Membership card of a state
- Employment Photo ID
- Birth certificate
- Firearm permit photo ID
You can use the above-mentioned secondary IDs depending on the bank’s acceptance.
How to cash a third party check at Chase|Certain ways
You may encounter either of the below-mentioned conditions to cash a third-party check at chase and can use this guide to cash your third-party check.
Cashing It From Chase Bank when you hold an Account
Chase bank provides its best service to its customers. When you have a third-party check and want to cash it from chase bank, they will give preference to resolve your query. You have to present your endorsed check before the cashier. After confirmation from the issuing authority, he will instantly cash your questionable amount. Different checks are easily accepted at Chase bank, even from a third party. These are:
- Payroll check
- Insurance checks
- Certified checks
- Personal checks
But there are certain conditions associated with it.
- They will only cash the third-party check when you have the written amount in your account to save you from bouncing inconvenience.
- If the check is drawn from another bank, they may not cash it until verification from the bank where it’s drawn.
- After that, it may take 2-3 business days to deposit in your account.
There are no charges for cashing a third-party check when you hold an account at Chase bank.
Cashing a third-party check without a bank account at Chase
You can cash a third-party check from Chase bank without an account when it’s drawn from chase bank. But before visiting the bank, ensure that the bank authorizes third-party transfers. The writer has taken into consideration of the bank policies.
They may instantly provide you with the cash or deposit it into your account. The retailer will also ask for a valid ID to cash the check. There is a fee for cashing a check at Chase if you are not a customer. The charges range from $8 for checks upto $1000.
Deposit The Check using Chase bank ATM
Another way is to deposit third-party checks through Chase bank ATMs and transfer them to your debit card. Later on, you can withdraw the cash amount from your debit card. To do this, follow these steps:
- Insert your debit card into the ATM.
- Enter your pin to access the menu.
- Now select check cashing service.
- Insert your check in the check cashing slot.
- Enter the check amount for verification.
- After a few verifications, the amount will be transferred to your account.
It is the most convenient way to cash a third-party check. , But you must be sure that your bank’s ATM system provides 3rd party check cashing service. Moreover, your check is endorsed correctly, and the endorsement matches your name.
Check processing through Chase Bank ATM
The check processing time through the ATM depends on your banking history with Chase bank. It may be your previous transactions, account balance, and age. Considering these factors, you can instantaneously cash third-party checks through Chase bank ATMs if you are a reliable customer. Otherwise, you have to wait after the confirmation of the check till the amount is transferred to your debit card, and you can cash it later.
Using Chase bank’s mobile banking app
When you have to cash a third-party check, Chase mobile banking app comes in handy. With your adequately endorsed check with your full name written as per bank data, you can cash the check with the banking app. Make sure you have your correct name written in the pay to the order section on the backside of the check. After that, follow these steps:
- Upload clear pictures of the front and back sides of the check on the app.
- Wait for the confirmation status.
- The amount will be shortly transferred to your account.
Many banks cash the check into your check after complete verification from the banks where it’s issued. Because of signing it to a third party. It may take 2-3 business days. After the confirmation, the amount will be transferred to your account.
So, when you want to cash a third-party check at the chase, you can use the ways mentioned above to cash your check. Moreover, if you have any other questions regarding your check problems, please let us know in the comments.
Afza Ahmad is a freelance writer specializing in finance and banking. With an in-depth knowledge of the industry, she has written extensively on topics ranging from stock market trends to international banking regulations.