Tuesday, October 2, 2012

How to write a check

Hi there!

In this section we will learn how to write a check. In today's world writing a check is almost an art in itself, if you have never written one you can learn how to in 5 minutes.

Image source: www.wikipedia.org

1. Start by writing in the date using any format, as long as it's legible. I recommend using only current date, a post-dated check will likely get you in trouble if there aren't sufficient funds to cover the transaction.

2. Write the name of the person or company receiving your check on the line that starts with "Pay to the Order of" or "Payable to."

3. Write the numerical dollar amount of the check in the small space that starts with a dollar sign ($) so that it reads like this: $25.63.

4. Write the same amount using words for whole dollar amounts, a fractional figure for amounts less than a dollar, and a straight line to fill up the remaining space on the line ending with the word "Dollars," like this: Twenty-five and 63/100 ------------- Dollars.

5. Sign the signature line at the lower right.

6. For your records note the check number, date, payee and amount on the check stub or in the check ledger at the front of your checkbook. If your checkbook comes with a carbon copy you may not need to do this step, writing the check will do it for you while pressing the information on the original.

7. Subtract the amount of the check so that you will know how much you have left in your account. If it important to have sufficient funds in your account before writing a check.

If for any reason you end up with voided or unused checks be sure to completely destroy them along with the corresponding deposit slips, that way no one can copy the tiny micro codes and steal from you. I use a shredder or scissors.

Image source: www.onemilliondollarsonly.com

Now you know how to write a check. Thank you for reading!