In the US : Can I endorse a payout check from an IRA (from a well known institution) to another person? The check will be large, over $10,000. He would deposit it in his bank.

  • The check will be from an IRA ( Vanguard) not US Treasury; I don't know why it was changed . Mar 2 '18 at 19:15
  • You wrote that it was a check from “IRS”, not “IRA” as you intended. Someone saw that and clarified that a check from the IRS is referred to as a treasury check, and that is the first version I saw. I will delete my answer, revert the question back to its original state, and fix the confusing typo. Mar 2 '18 at 19:19
  • In broad, general, terms 0 you can't do third party cheques anymore. Those days are gone.
    – Fattie
    Mar 3 '18 at 12:47
  • Sorry for the confusion. Mar 3 '18 at 16:21

In my limited experience, bank tellers are very cautious these days because check fraud is so common. They are especially cautious when the dollar amounts get up to multiple thousands. I don’t know the circumstances that lead you to ask this question, but everyone might have a much easier time if you simply go to your own bank first and convert it to a cashiers check in the name of your recipient.

  • If you don’t have a bank, then if you and the other person go in person to his bank, you should have no trouble depositing it to his account.
    – prl
    Mar 3 '18 at 16:37

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