Video: Three-Needle Bind-Off
This is a strong bind-off that leaves its seam on the wrong side of the work, making it nearly invisible.
It lays mostly flat, and, like the name suggests, requires a third needle.
You would most commonly use this bind-off on the shoulder seam of a sweater to secure the seam firmly (so it doesn't sag) and to differentiate the back of the sweater from the front.
Three-Needle Bind-Off - Step-by-Step Photo Instructions
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Animated GIF: Three-Needle Bind-Off
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Because you have to handle three needles at once, this is a intermediate-to-advanced bind-off. It is one that I would consider “required reading” for intermediate-level knitters.
It would be smart to learn this bind-off before attempting the related but more-challenging Three-Needle I-Cord Bind-Off.
Tip: Use a smaller needle as the third needle. This will make it easier to get into the stitches on the left hand needles. If you use all blunt needles it's going to be a little bit tricky.