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.

Front

What should you do if the amount written in words does not match the numerical amount?

Back

The check is invalid; always ensure both amounts match.

Front

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

Back

No, filling out the memo section is optional.

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

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

Back

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

Front

What happens if you write a check without a date?

Back

A check without a date may not be accepted by the bank.

Front

What is the significance of the signature on a check?

Back

The signature authorizes the bank to release the funds.

Front

Can you write a check in pencil?

Back

No, checks should always be written in pen.

Front

What does it mean to 'bounce' a check?

Back

A 'bounced' check is one that cannot be processed due to insufficient funds.