How to Cash a Two-Party Check Without the Other Person at a Casino

How to Cash a Two-Party Check Without the Other Person at a Casino

Planning on cashing a check at your favorite casino instead of taking a big pile of cash with you to Sin City? Whether you don’t want to carry money around or you’re looking for some extra security, checks are still viable options.

While casinos are known for cashing them, it’s vital that you ring up and double check in advance, as many of them don’t. Checks are easy to forge and casinos don’t like to be fobbed off, so fewer casinos offer this as an option nowadays.

That, and the fact that literally no one writes checks out anymore.

Fake check
Image: ‘Well’s fargo counterfit cashier’s check’ is licensed under Wikimedia Commons

In the times of Venmo, PayPal and wire transfers, it might seem like checks are a thing of the past. NPR has questioned just how long checks will last as other forms of payment are popularized. If the US government has already switched to direct deposits for Social Security transactions, the rest of the country can’t be far behind, right?

But there are still plenty of times when you’ll need to cash a check, a process that’s even more complicated if it’s a two-party check. Whether you get the two-party check as a tax refund or a wedding present, you’ll want to know how to cash it without the other person.

Especially if you’re wanting cash it in to play your favorite casino games.

What is a two-party check?

Two-party checks are checks made out to two payees. These can be particularly common as wedding presents, or as a payout from the IRS when filing jointly. Other times you might get a two-party check could be if you have a business partner for your side-hustle.

However, a small word can make a huge difference on a two-party check. The check could either be made out to Person A or Persona B, or Person A and Person B. If the check says ‘or’, either person will be able to cash the check without the other person present, or even knowing.

If the check says ‘and’, it can be a much bigger hassle as the law requires that everyone on the check endorses it and sometimes even is present for the deposit. Some banks go as far as requiring that the account where a two-party check is deposited is a joint account. The names on the check must also match the ID or name on the account.

Where to cash a two-party check

When you want to cash a two-party check, again it will vary depending on the phrasing of the check. If it’s an ‘or’ two-party check, you can cash it in the same way that you would any other check. From the casino to the supermarket, PayPal to a bank, there are plenty of places that will cash the check for you.

If it’s an ‘and’ two-party check, you may want to, ahem, check if your usual check cashing place will work with you. Many casinos avoid cashing these checks because of issues and complaints. Instead, you may need to go directly to your bank branch but you could always call your favorite casino to double check about the and/or types of check and what their policies are.

How to cash a two-party check

The steps for cashing a two-party check will vary depending on your institution and the type of two-party check. If you’re cashing a two-party check with an ‘or’ between the parties, either person can endorse the check and cash it at a casino or check cashing center, or deposit it into a bank account.

So if you want to cash in your two-party check to spend on the casino floor, you can do so if there’s an ‘or’ between your name and the other person’s.

But, if you’re cashing a two-party check with an ‘and’ between the parties, both people named on the check will need to sign it. Depending on where you bank, both people may also need to be present and show ID. At some banks, the two parties will need to have a joint account for the funds to be deposited.

Do not simply sign the check and deposit it at an ATM and hope for the best, as any issues can mean that you’ll need to get the check reissued and spend even more time trying to resolve the issue.

Instead, speak to a bank teller or go to the casino together and think of it as a fun excursion with your fellow check recipient. Always ring the casino first to check they offer this service, then go enjoy your spends. Who knows, if you get lucky you could come out with a lot more than you cashed in the first place!