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How to Process 3rd Party Checks Electronically

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Question: 
How do I process third party cashier checks electronically? I have a merchant account services that allows me to submit my checks (business, personal, cashier, bank draft) via a program. The problem is that the check goes to the bank for processing under my business name and not the payee name.
Answer: 

Without the contractual language covering your account services or an understanding of how your arrangement works, it would be difficult if not impossible to give you a definitive answer. You should direct your question to your bank, and explain exactly what it is that you want to be able to do.

First published on BankersOnline.com 8/8/11

First published on 08/08/2011

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