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. When endorsed in this manner, the check becomes a bearer instrument. The phrase "For deposit only" should be written on the back of the check along with the payee's signature. Limits who can cash the check by using the phrase "Pay to the order of [Person's name]". Blank Endorsement Restrictive Endorsement Special Endorsement 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 me! 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?" What advice would you give Ethan? Don't worry about getting the check to the bank right away. As long as it is not endorsed, it can't be cashed. Go to the bank now to deposit the check, and sign it using a restrictive endorsement when you get there. Endorse the check now with a blank endorsement. You can take it to the bank tomorrow. Sign your name on the back of the check so that nobody else can take the check to the bank.