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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If a cheque is crossed and marked "account payee only", it must be paid into the account of the person to whom it is made out.