3. A check indorsed "for deposit only"

A. requires the amount of the instrument to be credited to the indorser's account and prevents further negotiation.

B. requires the amount of the instrument to be further indorsed by the payee in person before being credited to the indorser's account.

C. prevents further negotiation of the instrument.

D. requires the amount of the instrument to be credited to the indorser's account before further negotiation occurs.