Multiple Names in Cheque

Cheques addressed to two persons can be deposited into a joint account belonging to them, or to either person's personal account depending on how the cheque is written.

If cheque is issued to Payee A and Payee B, cheque can be deposited to:

• A joint alternate account belonging to Payee A and Payee B.
• A joint all account belonging to Payee A and Payee B.

If cheque is issued to Payee A and/or Payee B, cheque can be deposited to:

• A joint alternate account belonging to Payee A and Payee B.
• A joint all account belonging to Payee A and Payee B.
• Payee A’s personal account.
• Payee B’s personal account.