This is how I always understood it. If a check is made payable to Joe "or" Sue Smith, then either Payee may indorse the check to negotiate it. You may also see their names separated by a slash or comma, which equates to "or." Additionally, if the ...

Hello, When there are multiple payees on a check and there is no verbiage between the names such as "and" or, "or", how do you handle endorsements and deposits? Do you assume "or" and allow only one person to endorse and then negotiate the item? We ...

Has anyone taken any courses on formatting an ACH file that they would highly recommend? Thanks! ------------------------------ John De Hoyos AAP Operations Specialist Midwest Independent BankersBank Jefferson City MO (573) 636-9555 ------- ...

The season of bitter cold, snow and ice is upon us and the associated complications that winter delivers brings cause for this reminder. The  ACH Rules  include a provision for Excused Delay, found on page OR3, ...