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  Home >> Checks/Money Orders >> Money Orders  
Two Payees on Money Order

My cousin sent me a personal money order from Puerto Rico with my sister's and my name on it. My sister does not have a checking account, but I do. Will my sister have to be there with me when I deposit it into my checking account?


The answer will depend on the policies of your bank or credit union. If the money order lists both payee names with "and," "y" or an ampersand between them, both payees need to endorse it for negotiation. The bank or credit union may require that both parties provide ID and endorse in person.

Published on BankingQuestions.com 1/06/09