Account Payee Only

Account Payee Only

Words that one may write on a check indicating that no one other than the person or entity to which the check is addressed may cash or deposit the check. This adds an extra layer of protection against fraud. One may also write "not negotiable" to have the same effect.
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However, some companies offer cheque encashment facilities and will cash a cheque marked account payee only, although they are only likely to do this subject to a number of conditions and a substantial charge.