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HOW TO WRITE A CHECK

How to write a check

What is a check

A check is a written order especially by a payer, to pay a stated amount to a payee, from the payer’s account. In other words, a check is a written document, that states a particular amount to be paid to a party, from the drawer’s account. 
Types of Check

How to write a check
How to write a check


1. Bearer Check
2. Crossed Check
3. Open Check
4. Order Check
5. Banker’s Check
6. Stale Check
7. Traveller’s Check
8. Post-Dated Check
9. Self Check

a. Bearer Check: A bearer check has the word “bearer” stated on them. This form of check is made payable to the person carrying them. These checks normally don’t need further authorization before they can be paid,
b. Crossed Check: This form of check usually carry two slant parallel line on them, and a “a/c payee” clearly stated on the top left corner. This form of check can only be paid to the person whose name is written on the check, and can only be cashed at the issuer’s bank.
c. Open Check: An open are usually not crossed. These form of check are made payable to the person carrying them, they can be cashed at any bank, and their ownership is transferable.
d. Order Check: This kind of check can only be issued to the person whose name is stated on the check, and it needs further certification of the bearer’s identity before they can be paid.
e. Banker’s Check: This kind of check has a validity period of three months. They are usually issued by a bank to another person, and the amount will be debited from the account owner’s account. These checks are usually honored because they have no reason for them to bounce once it is within the validity period.
f. Stale Check: This is simply a check that has passed its validity period, usually three months.
g. Traveller’s Chech: Traveller’s check doesn’t expire. These forms of checks are issued from one bank to person (usually substituted for carrying paper currencies) and could be cashed in any other bank in any location, even outside the issued country.
h. Post-Dated Cheque: These kinds of checks can only be processed on the date stated on them. If presented before this date, they won’t be processed, as they are only valid on and after the stated date.
i. Self Check: These check has the word “self” on the drawee column, and are cashable only at the issuer’s bank.

How to write a check


How to write a Check: Steps in writing a check

How to write a check
How to write a check


Date: This is usually on the top right corner, you should write the current day’s dated here, unless a post date, as in Post-Dated checks
Name of Payee: This is where the name of the person or corporation, the check needs to be paid to is written. Make sure the name is accurately written.
Amount in Numbers: This is the amount you are willing to pay to the payee, written in numbers. Example. ($) 520
Amount Written in Words: This is where you are expected to rewrite the amount you are willing to pay, but now in words. Example. FIVE HUNDRED AND TWENTY (DOLLARS)
Signature: An unsigned check is not valid. Make sure you sign the signature attached to your bank account, to make it valid, as any other type will be rejected.
Memo: This part is optional, and does not affect the processing of the check. It can be used to leave a short note, instruction, or reminder on a check.

How to write a check

Conclusion

It is most advisable to write your check in capital letters. By now you must have gotten a real insight on the type you are writing, or want to write and how to fill them out. To give leave feedback, kindly reach us through the comment section, and we will be most happy to get back to you.

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