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Purchasing Traveler's Checks

Answered by: 
John Burnett

Question: 
When a bank customer is writing a check for a traveler's or cashier's check, to whom do they make the check payable?
Answer: 

The check should be payable, in my opinion, to themselves (and then endorsed in blank), or to the bank. Annotate the check with the purpose so there's no subsequent fallout about misappropriation.

First published on BankersOnline.com 11/1/04

First published on 11/01/2004

Filed under: 
Operations
Filed under operations as: 
Checks
Traveler's Checks

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