How to Write a Check

Front

What does it mean to 'post-date' a check?

Back

To write a future date on the check.

Front

What is the purpose of the routing number on a check?

Back

To identify the bank.

Front

Where do you write the name of the person or company you are paying on a check?

Back

On the 'Pay to the Order of' line.

Front

What is the significance of the signature on a check?

Back

It authorizes the bank to process the check.

Front

What should you do if a check is lost or stolen?

Back

Contact your bank immediately.

Front

What is a check?

Back

A written order directing a bank to pay a specific amount from a person's account.

Front

What information is typically found in the top right corner of a check?

Back

The check number.

Front

What is the memo line on a check used for?

Back

To note the purpose of the payment.

Front

What does the 'Payee' refer to on a check?

Back

The person or entity receiving the payment.

Front

What happens if you write a check for more than your account balance?

Back

It may result in an overdraft or bounced check.