The surface doesn't matter as long as it contains the components. A check is a written request to pay someone. That's all there is to it. It must have particular characteristics and may be written on anything, according to Brian Black, managing director of operations and technology at the Bank Administration Institute. "You can write checks on just about any material that has enough ink on it," he says. "Paper, plastic, metal... even wood!"
Checks can be used in four ways: as payment; as evidence of debt; to request services; or to request money. Written requests for money are called "orders" and they can come from anyone who has an account with your bank. If you receive such an order by mail, make sure you send one back immediately. This shows that you have received the order and that you are willing to carry it out.
Order forms can be found online and in most large cities across the country. They usually include space for the customer to fill in his or her name, address, and account number. Some also include space for the customer to sign his or her name. Others do not require signing as long as you send back the form with your account information on it.
For example, if a check appears to have been tampered with (something was erased, re-written, or altered), which may be easier if it is written in pencil, especially if the check is for a large sum of money, the bank may exercise discretion and place the check on hold for a longer period of time or attempt to validate the legitimacy of the check with other means. This could result in a delay before the check can be cashed.
If you sign a check in pencil, you should write "Penciled Signature" below your printed name. You must provide an authorized representative with authority to sign checks when you open an account. If another person signs the check without proper authority, they could be liable for its contents.
The only way to ensure you are not held responsible for a check is to never sign a check unless you have the actual power of attorney or other legal authorization to do so.
The only reason to sign a check in pencil is as a mark of protest or to indicate that there were no funds available in order to cover it. Any other use of this action is improper and could result in liability for the person doing so.
If you are asked to sign a check made out to someone else, ask why. Most likely, there is nothing wrong with the check but rather the person asking you to sign it does not have authority to do so. If you still agree to sign, make sure you are given proper authorization beforehand.
To write a check, you fill out information about who you wish to pay, give the check to the payee, and your bank finally electronically transfers money to the recipient's account. 1st Personal checks are drawn from personal accounts and are not issued by corporations, governments, or other organizations. 2nd Personal checks must be written on a personal checking account and can only be used to pay for items that have been purchased with cash or credit card.
All checks should include the account number of the drawing account, the amount needed, the date, and the name of the person writing the check. If a check is incomplete or has been altered in any way, it cannot be paid.
When you sign your name on a check, you are authorizing anyone who finds the check to cash it. If you do not want someone to have access to your checkbook, then do not sign your name on the check.
Checks can also be written against a deposit account at a bank or savings and loan association. These checks are called "itemized" checks because they list each item being paid with its own number. The "check writer" fills out an application for an account at the bank or savings and loan association and gives it to someone who knows where to send them - the bank officer in charge of depositors' checks. When the application is approved, the officer provides the check writer with a special code book.
Never write checks in pencil. Because pencils are erasable, a check writer puts himself or herself vulnerable to being taken advantage of if they use one. Check writers should use a pen with blue or black ink as a general rule. This will help prevent confusion if more than one person needs to sign the check.
In some cases, it may be necessary to write checks using red ink. The reason for this is that certain kinds of checks (such as payroll checks) are specified by law to be clear enough to read even without a normal writing pen. If you are unsure about how to write a particular kind of check, contact your bank or financial institution for advice. They should be able to guide you through the process of what types of checks are accepted by different businesses and institutions.
When checking out at a store that accepts cash only, the clerk might ask you to write your check outside of their presence so they can watch you do it properly. This is common practice for when people think you might be trying to scam them by writing a check from another person's account number or something similar.
Writing checks online is becoming increasingly popular, but it's important to know that some companies will not allow you to print your check online without first depositing money into your account.
A check writer will make their cheque payable to you, making you the only person who may collect the funds. This, however, is not always the case. A person can sometimes write a check for you, and you can sign it over to a third party, leaving it in their hands. If this happens, they become the owner of the check, and can do with it as they please.
Check writers are available at most banks, but they cannot write checks for everyone. Only people who have been given permission by the bank to do so can write checks. Check writing is also not allowed for minors or felons. Anyone who violates these rules will be asked not to write checks again.
If you give someone permission to write checks on your account, be sure to tell every shopkeeper that handles your money. They may not want to accept your friend's checks, but some places allow them to accept them from specific people. For example, your friend could pay for your groceries with a check if the store accepts checks from food donors. It is up to the store to decide which friends can write them.
Writing checks is easy. The first thing you need to do is identify the person who will be giving you money. Next, you will need to find out if that person can write checks. If not, you will need to ask someone else.