Blank Endorsement Restrictive Special Endorsement Endorsement Uses the phrase "For deposit only to restrict the use of the check to only depositing it; it cannot be cashed. Limits who can cash the check by using the phrase "Pay to the order of [Person's name]." Contains only the payee's signature, so that the check is transformed into a bearer instrument. Why is the method used to endorse a check important? Asked differently, why should you care about how you endorse a check? To answer this question, think about the advice you would give to a friend who was endorsing a check in the manner described. Ethan "Wow, my grandmother really came through this year! Look at the great check she sent mel I've got to get this into my bank account, but the bank closes in two hours, and I'm having a big party at my house tonight. What do you think I should do?" Blank Endorsement Restrictive Endorsement Special Endorsement The phrase "For deposit only should be written on the back of the check along with the payee's signature. When endorsed in this manner, the check becomes a bearer instrument. Creates a two-party check, which is more easily deposited than cashed