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May 27, 2015
Compliance Management – Phase 1, your Program and Training
Andy Zavoina

May 28, 2015
Integrated Disclosures 101
Mary Beth Guard, John Burnett and Andy Zavoina

June 11, 2015
New Tech Advances to Improve Info Security
Susan Orr

June 22, 2015
50 Key Considerations for Integrated Disclosure Rules Readiness
Mary Beth Guard and Jack Holzkechnt

June 23, 2015
The IRS and TINs: The High Cost of Name Mismatches
Deborah Crawford



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#922469 - 03/13/08 04:34 PM JT TEN on checks
sstevenson Offline
New Poster

Registered: 12/13/07
Posts: 14
I have never seen the abbreviation JT TEN on a check after after the names of multiple payees. What exactly does this abbreviations stand for and does it mean that only one of the payee has to negotiate the check?

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BSA/AML/CIP/OFAC
#922494 - 03/13/08 04:57 PM Re: JT TEN on checks [Re: sstevenson]
Dallas Fan Offline
100 Club

Registered: 02/22/08
Posts: 219
Loc: RIC
JT TEN stands for Joint Tenants. If the check is being deposited into an account owned by both payees and they both have equal access to the account then no endorsement is required. A stamp FOR DEPOSIT will suffice.

If however, one of the payees is trying to deposit into his/her own personal account then both signatures would be required.

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