Checks are basically written for the transfer of funds from the account of a check holder in a bank or any other depository institution. The purpose of checks is similar to that of money, easing transactions.
One needs to keep in mind certain things to avoid problems on a later date. Take care that you use a proper pen, preferably use an ink pen. All the information should be filed in carefully. Look out that the numerical and written check amounts match. In case of cancellation of a check, be sure to keep an account of it. That will help you in matching and reconciling your accounts. When you sign, sign in a legible manner since a scrawl is easier to copy. Draw a line once you are through filling the amount of a check. The line ensures that the blank space cannot be filled later.
The banks have a certain set of rules and regulations in order to protect themselves against frauds. In order to cash a check at times you might even have to give your thumbprints in case of getting a check encashed at a bank other than where you have an account. The state law does not enlist the means of identification of a person. It is up to a bank to decide the means of...
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