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Checking accounts - How to endorse your check How Do You Endorse a Check? The process of writing on the back of a check to
Checking accounts How to endorse your check
How Do You Endorse a Check?
The process of writing on the back of a check to legally transfer its ownership, usually in return for the cash amount indicated on the face of the check, is called endorsing the check. Endorsements can vary from merely writing your name to including other special phrases that will alter how the check can be handled and by whom.
It is important that you endorse a check in a manner that protects you from having someone cash your check against your wishes.
What are the differences between a blank endorsement, a restrictive endorsement, and a special endorsement?
Consider each of the following statements and indicate whether it refers to a blank endorsement, a special endorsement, or a restrictive endorsement.
tabletableBlankEndorsementtableRestrictiveEndorsementtabletableSpecialEndorsementtableLimits who can cash the check by usingConsists of only the payee's signature.,
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