Check Your Checkbook Skills

A check which has cleared could still bounce.

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A deposit would appear as a credit on your bank statement.

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The individual whose name appears after "Pay to the order of" is known as the "Payee".

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If your cancelled checks are lost or stolen, you should notify the bank immediately to close your account.

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A service charge would appear as a credit on your bank statement.

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The individual who signs the check is called the "Drawer".

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A certified check guarantees that the check will not bounce.

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If money is wired to your account, you must wait a few days before the funds are available to you.

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Service charges appearing on the statement at the end of the month are added to your checkbook balance.

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A stop payment order cannot be issued if the check has already cleared.

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