If the payee line of a check is written like this: John Doe/Doe Construction, would you assume the / means "Or" or should the item be deposited into a business account?
The use of the slash character ("/") is usually considered ambiguous, so the check could be deposited to an account in the name of John Doe or one in the name of Doe Construction.
BankingQuestions.com is a free service made possible by the generous support of our advertisers. Advertisers are not responsible for site content. Please help us keep BankingQuestions.com FREE by supporting our advertisers. When you see an ad for a product or service you may have an interest in, click through to learn more.
Accounts
Article
Q&A
Podcast
Video
Blog
Discussions
PDF
Powerpoint
The use of the slash character ("/") is usually considered ambiguous, so the check could be deposited to an account in the name of John Doe or one in the name of Doe Construction.
