You must be able to read the back of the bill, just as you must be able to read the front of the check. Giving your seal of approval is an important step in converting your investment into cash. Despite the widespread use of electronic payment methods, paper checks are still commonly used for important financial dealings such as paying rent, getting paid, and moving your bank account. Paper checks.
Once you’ve learned how to read the information on the front of the check, here is how to read the back of a check, as well.
What You’ll See
Although the backs of checks can be different depending on who issues or prints them, there are typically three distinct sections on the back of a statement.
Endorsement area: When you are ready to deposit or cash the check, this is where you sign it to indicate that you have authorised the transaction. Even though it might be as easy as adding your signature, the safest course of action is to use an endorsement that places limitations on how the check can be used. If the bill is lost or stolen after you endorse it, someone will have a difficult time, if not an impossible time, stealing the money because of the restriction you placed on it, such as writing “for deposit only.”
Security screen: You, as a consumer, will not have access to this section because it is set aside exclusively for use by financial institutions. When a check is processed, financial institutions will make a note of the sequence of events in this space. This section, as you will notice, is typically printed in very light ink (possibly with a pattern of lines), making it difficult to photocopy and reproduce. If you look closely, you can sometimes see the words “Original Document” written in this space on check stock that has been legitimately purchased, but you have to be very careful.
Security box: A warning is included in this safety feature, and it serves the purpose of discouraging would-be forgers from altering or copying the check. Additionally, it offers advice to customers that will assist them in determining whether or not a review is genuine. For instance, it may recommend that you inspect the check for any microprint or watermarks that it may contain.
Who Signs the Back of a Check?
There is a lot of confusion about where the signatures are located. Whether or not the person who is going to cash your check signs the back of the check is a personal decision.
When you write a check, you must sign it above the signature line in the only place on the front of the check. While writing a check, however, you have the option of putting additional instructions on the back. You can use December 30, 2020, as an example: “Hold for deposit” The problem with this is that you can never be sure that the instructions you give will be followed exactly as you intend them to be followed.
If you are given a check, you must sign the back of it before you can deposit or cash it. As an option, you can sign the bill, but make sure you also include some instructions on how to use it. To make it easier to deposit the check into another account, you can write “For deposit only” on the check and then include your account number. Unless the check is returned to the sender, no one else will be able to deposit or cash it.
Is a Signature Required on the Back of a Check?
If the check was made payable to you rather than the writer, and you are the one who receives it, you might be able to deposit it without signing it. In many cases, this is the case. Nonetheless, you must sign the check before presenting it to the vendor. An unsigned message could result in additional fees and a delay in receiving your money if the issuer returns it to you. It is possible that even if your financial institution deposites a check without a signature, and you can see that funds have been deposited into your account, the check may be declined within a week or two.
For personal checks, you may be able to get away with not signing them, but for business checks or more extensive checks, the bank may require you to sign them.
If you choose to deposit a check using your mobile device, the same is true. A checkbox on the back of the check can be used to indicate that you’re depositing your checks remotely, while some banks will require that you write something about mobile deposits on your monthly statement. In some cases, you may be able to get away with ignoring those instructions, but it’s in your best interest to ask your bank for clarification. If you don’t meet the requirements of your bank, you may face delays in receiving your money.
Numbers on the Back of a Check
The routeing and account numbers that appear on the front of a check are likely familiar to you. Are you aware of the serial numbers on the back of your credit card?
Check tracking numbers are frequently referenced by the pre-printed numbers in the endorsement area. For companies that print checks on blank check stock, they are a time-saver. They can be put to use in the workplace.
An additional number may be added to a check that has been cashed or deposited in a location other than where the endorsement appears. When a bill is printed with the bank’s information, the bank sends the bill to the bank to release the funds.
How to Write a Check: A Step-by-Step Guide
Despite their decline in popularity, checks are still widely used today, even in the digital age. Even if you don’t write checks on a regular basis (or have never written one), they are an efficient and low-cost method of moving money. Paper checks are an option to consider if you need to move money.
This tutorial will take you step-by-step through the process of writing a check. Either follow the instructions step by step, or use the example check as a template for your own checks. Steps can be completed in any order as long as they are completed and contain all of the necessary information. Working your way down from the top of the check in this example should help you avoid skipping any steps.
Following is an explanation of what an ideal check looks like.
- Current date: Write this near the top right-hand corner. In most cases, you’ll use today’s date, which helps you and the recipient keep accurate records. You can also postdate the check, but that doesn’t always work the way you think it will.
- Payee: On the line that says “Pay to the order of,” write the name of the person or organisation you’re paying. You may have to ask, “Who do I make the check out to?” if you’re unsure what to write because this information needs to be accurate.
- Amount in numeric form: Write your payment in the small box on the right-hand side. Start writing as far over to the left as possible. If your price is $8.15, the “8” should be right up against the left-hand border of the dollar box to prevent fraud. See examples of how to write in the amount.
- Amount in words: Write out the amount using words to avoid fraud and confusion. This will be the official amount of your payment. If that amount is different from the numeric form that you entered in the previous step, the amount you wrote with words will legally be the amount of your check. Use all capital letters, which are harder to alter.
- Signature: Sign the check legibly on the line in the bottom-right corner. Use the same name and signature on file at your bank. This step is essential—a review will not be valid without a signature.
- Memo (or “For”) line: If you like, include a note. This step is optional and will not affect how banks process your check. The memo line is an excellent place to add a reminder about why you wrote the review. It might also be the place to report information that your payee will use to process your payment (or find your account if anything gets misplaced).
After you write the check, make a record of the payment. A check register is an ideal place to do this, whether you use an electronic or paper register. Recording the cost prevents you from spending the money twice—the funds will still show as available in your account until after the check is deposited or cashed, and that could take a while. It’s best to make a note of the payment while it’s fresh in your mind.
Before writing a check, make sure that it’s something you need to do. Writing a review is cumbersome, and it’s not the fastest way to move money. You might have other options that make your life easier and help you save money. For example, you can:
- Pay bills online, and even tell your bank to send a check automatically each month. You won’t need to write the review, pay for postage, or get the bill in the mail.
- Get a debit card and spend with that instead. You’ll pay out of the same account, but you’ll do it electronically. There’s no need to use up checks (which you’ll have to re-order), and you’ll have an electronic record of your transaction with the payee name, the date of your payment, and the amount.
- Set up automatic payments for regular payments like utility bills and insurance premiums. There’s typically no charge to pay this way, and it makes your life easy. Just be sure that you’ve always got enough cash in your account to cover the bill.
No matter how you choose to pay, make sure you always have sufficient funds available in your checking account. If you don’t, your payments may “bounce” and create problems, including hefty fees and potential legal issues.
Record the Payment in your Check Register
Make a record of every check you write in a check register. Doing so will allow you to:
- Track your spending so you don’t bounce checks.
- Know where your money goes. Your bank statement may only show a check number and amount—with no description of who you wrote the check to.
- Detect fraud and identity theft in your checking account.
You should have received a check register when you got your chequebook. If you don’t have one, It’s easy to make your own using paper or a spreadsheet.
Copy all of the essential information from your check:
- The check number
- The date that you wrote the check
- A description of the transaction or who you wrote the check to
- How much the payment was for
If you’re not sure where to start looking for this information, you can consult a check diagram that shows you where to start.
Balance your checking account by utilising your chequebook register. Checking your bank account to make sure all of your transactions match up is referred to as this process, which entails checking each and every one of them. If someone fails to deposit a check that you wrote to them, you’ll know about it. You won’t be blind to errors in your account (thereby making you believe you have more money to spend).
Consult your check register to see exactly how much money you have on hand right now. A good rule of thumb is to write a check with the understanding that the money has already been spent. When your check is converted into an electronic check, the money will be withdrawn from your account immediately.
Tips for Writing a Check
When you write a check, be sure to use it for what you intended, which is to pay the anticipated amount to the person or organisation you had written the check for.
Criminals can tamper with checks that have been lost or stolen. There are a number of ways in which reviews can be misplaced after they leave your possession, making it more difficult for thieves to cause you problems. It doesn’t matter if you lose any money permanently or not when it comes to cleaning up the messes left by fraud.
Develop the habits below to decrease the chances of fraud hitting your account.
- Make it permanent: Use a pen whenever you write a check. If you use a pencil, anybody with an eraser can change the amount of your review and the name of the payee.
- No blank checks: Don’t sign a bill until after you’ve filled in the name of the payee and the amount. If you’re not sure who to make the check payable or how much something costs, just bring a pen—it’s much less risky than giving somebody unlimited access to your checking account.
- Keep checks from growing: When you’re filling in the dollar amount, make sure you print the value in a way that prevents scammers from adding to it. Do this by starting at the far left edge of the space, and draw a line after the last digit. For example, if your check is for $8.15, the “8” is as far to the left as possible. Then, draw a line from the right side of the “5” to the end of the space or write the numbers so large that it’s hard to add any numbers. If you leave the room, somebody can add digits, and your check might end up being $98.15 or $8,159.
- Carbon copies: If you want a paper record of every check you write, get chequebooks with carbon copies. Those chequebooks feature a thin sheet containing a copy of every review you write. As a result, you can quickly identify where your money went and exactly what you wrote on every check.
- Consistent signature: Many people don’t have a legible signature, and some even sign checks and credit card slips with humorous images. But consistently using the same signature helps you and your bank identify fraud. It’ll be easier for you to prove that you’re not responsible for charges if a signature doesn’t match.
- No “Cash”: Avoid writing a check payable to cash. This is just as risky as carrying around a signed blank check or a wad of money. If you need cash, withdraw from an ATM, buy a stick of gum, get cash back using your debit card, or just get some money from a teller.
- Write fewer checks: Checks aren’t exactly risky, but there are safer ways to pay for things. When you make electronic payments, there’s no paper to get lost or stolen. Most checks get converted to an electronic amount anyway, so you’re not avoiding technology by using tabs. Electronic payments are typically easier to track because they’re already in a searchable format with a timestamp and the payee’s name. Use tools like online bill payment for your recurring expenses, and use a credit or debit card for everyday spending.
FAQs About Checque
In Banking, What Exactly Is A Cross-Check?
A check is considered to be crossed if it contains two lines that are parallel to one another and run either across the entire check or through the top left corner of the check. The presence of this double line notation indicates that the check can only be deposited into a bank account in a straightforward manner.
What Are Some Synonyms For The Term “Cross-Check”?
Auditing, corroborate, verify, compare, double-check, substantiate, collate, ascertain.
Who Is Able To Endorse A Check?
The person who is drawing the check has the option of crossing it either generally or specially. If the check is open, the holder has the option of writing a general or special notation on the back of the check. The holder of the check has the ability to cross it again after it has been crossed generally.
What Does It Mean To Request A Double Check?
When you are confident that you have understood something but would still like to verify it for yourself, you should use question tags. In order to check, you should use the inverse form of the helping verb that was used in the first sentence at the end of the sentence.
What Are The Steps I Need To Take In Order To Deposit A Cross Check Into My Bank Account?
When you go to the bank with a check that has been crossed out, the process to cash it is very similar to the process that is used to cash a regular check. In the presence of a teller, sign the back of the crossed check, and then hand it over to her. The check will then be processed. You will also be required to demonstrate that you are who you claim to be by presenting a government-issued identification card.
- It is essential that you are able to read the back of the bill, just as it is essential that you are able to read the front of a check.
- At this point, you give it your stamp of approval, which is an essential step in the process of turning it into cash.
- Now that you are familiar with the essential information that is located on the front of the check, here is how to read the information that is located on the back.
- There is a great deal of ambiguity regarding the location of the signatures.
- When you write a check, you are required to sign it in the one and only location on the front of the check, which is directly above the signature line.
- On the other hand, when you write a check, you have the option of including instructions on the back of the document.
- If you are given a check, the back of it needs your signature in order for you to be able to deposit or cash it.
- Nevertheless, you should sign the check before presenting it.
- The same is true if you choose to make a check deposit using your mobile device.
- Some banks will instruct you to write something about mobile deposits on your monthly statement, while others will include a checkbox on the check itself that you can use to indicate that you are using a remote deposit service.
- It’s possible that you can get away with ignoring those instructions, but it’s in your best interest to get some clarification from your bank.
- You are probably familiar with the routeing and account numbers that are printed on the front of a check.
- Frequently, the numbers that are pre-printed in the endorsement area refer to the numerals that are used to track checks.
- Checks are still widely used even in the modern digital world, despite the fact that they are not as prevalent as they once were.
- If you want to move money, you should consider using paper checks.
- This tutorial will demonstrate how simple it is to write a check by walking you through each step in detail.
- Proceed through each step in order, or you can simply use the example that was provided earlier as a template for the checks that you have to write.
- Amount in numeric form: Write your payment in the small box on the right-hand side.
- If that amount is different from the numeric form that you entered in the previous step, the amount you wrote with words will legally be the amount of your check.
- The memo line is an excellent place to add a reminder about why you wrote the review.
- Before writing a check, make sure that it’s something you need to do.
- You won’t need to write the review, pay for postage, or get the bill in the mail.
- Get a debit card and spend with that instead.
- Set up automatic payments for regular payments like utility bills and insurance premiums.
- Just be sure that you’ve always got enough cash in your account to cover the bill.
- Make a record of every check you write in a check register.
- Know where your money goes.
- Detect fraud and identity theft in your checking account.
- You should have received a check register when you got your chequebook.
- Your chequebook register can be utilised in the process of balancing your checking account.
- When you write a check, you should operate under the assumption that the money has been spent.
- Checks that are misplaced or stolen can be tampered with by criminals.
- You will have to spend time and effort cleaning up messes after fraud regardless of whether or not you actually lose any money permanently.
- Develop the habits below to decrease the chances of fraud hitting your account.
- Make it permanent: Use a pen whenever you write a check.
- No blank checks: Don’t sign a bill until after you’ve filled in the name of the payee and the amount.
- Those chequebooks feature a thin sheet containing a copy of every review you write.
- But consistently using the same signature helps you and your bank identify fraud.
- No “Cash”: Avoid writing a check payable to cash.