Begin writing the check with the name of the person to whom the money is being offered immediately next to the phrase "Pay." Write the sum in words, preferably capital letters, as precisely as possible. After you state the quantity of words, write the word "only." Avoid putting gaps between the digits that represent the amount. If necessary, use commas or periods to separate groups of three or more digits.
After you have written all of this, verify that it is spelled correctly. Then sign the check using a complete signature. A partial signature is not valid. If you are having trouble signing your name, consider getting help from someone who knows how to sign their name properly.
Once you have signed the check, it is legal tender for all debts, public and private. This means that if you write a check for yourself to pay your phone bill or rent, the money will be accepted. You can also write checks to pay bills that other people may not be able to write because they are not authorized to act on your behalf (such as when you give your friend a check to pay for something you bought at a garage sale).
Checks can be used in place of cash for making purchases. When you write a check, you are saying that you do not want to carry cash. If your account has enough money in it, the check will be accepted. If not, then you will need to wait until your account contains enough funds before you can use it again.
The fundamentals of cheque writing
You must guarantee that the cheque you write to someone is deposited into the same person's bank account. This may be accomplished by drawing a double cross in the upper left corner and specifying "A/C Payee," as opposed to drawing a double cross without mentioning "A/C Payee," as detailed in detail in the next section. If you want the check to clear before it is paid, then it should say so clearly on the face of the check.
If you want the check to clear after it has been written, but before it has been paid, then you should sign the back of the check. This will cause the check to bounce if it is not cleared by your bank, which will result in your getting your money back from the original depositor with interest.
However, most banks will only cash cheques for amounts greater than $1,000 because they need to ensure that checks are not being used as payments for fraudulent activities. Therefore, if you want to send a cheque below $10,000, you will have to find a bank that will take it at face value rather than cash it first. Some credit unions may accept checks up to $10,000.
You must enter the whole amount followed by the word "ONLY." This prevents anyone from changing the amount stated on your cheque. PS56.23, for example, might be written as "Fifty-Six Pounds and Twenty-Three Pence Only."
The easiest way to do this is have the cashier scan the cheque's bar code. You will need to enter your account number when writing the check. If you do not know it, ask the bank teller before you write the check.
Writing a pence cheque is the same as writing a regular cheque except that you must use the word ONLY instead of the letter C or the figure 56.
Pence means one hundredth so writing a pence cheque is the same as writing a single cheque but only for 100 pence worth of items. Items below 100 pence value can be written as normal cheques. For example, if you wanted to buy a book for 56 pence you would write a cheque for that amount. The bookseller would then give you back a credit note for the remaining payment which you could pay when you went to collect your cheque from the shop.
Pence cheques were used in England until about 1710. They are now considered rare because there are so few people who still know how to write them.
What is the proper way to fill out a cheque?
How to Write a Secure Check
When to write account payee: If you want the money to go to a payee account, draw two parallel lines on the left upper corner of the check leaf. Between the two parallel lines, write "account payee" or "A/C payee" if possible. Then print the number of the page where you can find more information about payees. Here is where you will find the name and address of the person who will get the money from your check.
If you want the money to be given directly to a person, write "pay to the order of" followed by the person's name.
Who can be paid through bank checks? : Anyone who has a bank account can be paid through bank checks. However, not all banks take checks from people who have no direct deposit with them. Before writing a check, make sure that the bank you are sending it to accepts personal checks. Also note that some businesses may refuse to accept checks from certain people or in certain amounts. Check with the company before sending them a check for too large of an amount.
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