Writing Checks

Front

What is the correct way to write a check?

Back

Always write the check in pen to prevent alterations.

Front

Who is the payee on a check?

Back

The payee is the person or entity to whom the check is written and who will receive the payment.

Front

Where is the check number located on a check?

Back

The check number is located at the top of the check next to the date.

Front

Is it necessary to fill out the memo section of a check?

Back

No, filling out the memo section is optional.

Front

Where should you sign a check?

Back

You should sign a check in the bottom right corner.

Front

What information is required on a check?

Back

A check must include the date, payee, amount, signature, and sometimes a memo.

Front

What does the term 'amount' refer to on a check?

Back

The amount refers to the total money being paid, written in both numbers and words.

Front

What happens if you write a check without sufficient funds?

Back

If you write a check without sufficient funds, it may bounce, leading to fees and legal issues.

Front

What is the purpose of the memo section on a check?

Back

The memo section is used to note the purpose of the payment for personal reference.

Front

What is a check?

Back

A check is a written order directing a bank to pay a specific amount of money from one account to another.