Question

What is a third party check? (bank type of check)

Answer 1

third-party check. check negotiated through a bank, except one payable to the writer of the check, that is, a check written for cash. The primary party to a transaction is the bank on which a check is drawn. The secondary party is the drawer of the check against funds on deposit in the bank.

Answer 2

The third party is the payee who endorses the check.

A check negotiated to the bank, except one payable to the writer of the check, there is, a check written check.