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Writing a Check

Writing a Check

Writing a Check

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Most people think that writing a check with an informal, personal message is just the way to go. But they've undoubtedly done it wrong, and they've probably done it many times. Those I know who have, have been deeply chagrined years later when they learn that the correct way of writing a personal check is actually complicated!

Check

Writing a check is easy, and this tutorial shows you exactly how to do it. Move through each step one-by-one, or just use the example above as a model for the checks you need to write. You can complete the steps in any order you like as long as the finished product isn't missing any vital information. In this example, you’ll move from the top of a check to the bottom, which should help you avoid skipping any steps. Amount in words: Write out the amount using words to avoid fraud and confusion. This will be the official amount of your payment. If that amount is different from the numeric form that you entered in the previous step, the amount you wrote with words will legally be the amount of your check. Use all capital letters, which are harder to alter.

Memo (or “For”) line: If you like, include a note. This step is optional and will not affect how banks process your check. The memo line is a good place to add a reminder about why you wrote the check. It might also be the place to write information that your payee will use to process your payment (or find your account if anything gets misplaced). For example, you could write your Social Security Number on this line when paying the IRS, or an account number for utility payments. After you write the check, make a record of the payment. A check register is an ideal place to do this, whether you use an electronic or paper register. Recording the payment prevents you from spending the money twice—the funds will still show as available in your account until after the check is deposited or cashed, and that could take a while. It’s best to make a note of the payment while it’s fresh in your mind. (Source: www.thebalance.com)

 

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