![]() ![]() ![]() Don’t sign a check until you’ve added the payee and amount.Use a pen to write checks so the information can’t be erased.Take these safety measures when writing checks: Without proper safety precautions, your checks may be susceptible to fraud. This helps ensure every transaction is accounted for and provides a better picture of your financial health. Reconcile Your Bank Statementsīank reconciliation, or balancing your checkbook, can help you track checks and other transactions each month. Keeping detailed records of your written checks can help you avoid bouncing a check. However you track checks, be sure to record all of the pertinent information from your check, including: Keep a record of checks you write-use a check register, a spreadsheet or another tracking method. Follow the tips below to ensure your checks are accounted for and end up where they need to go. Tips for Writing a CheckĬhecks may seem outdated in this digital age, but sometimes they’re the preferred payment method. Once you’ve filled out your check, you’d mail it and other required documents to the address provided by ABC Electric. Check that all of the information is correct and sign the check. ![]() You can find your account number on your statement. In our example, ABC Electric requires customers to write their account number on the check memo line. Write a memo to yourself or use the memo line for additional information. Write out the check amount, which is “One hundred thirteen dollars and 97/100” in our example. Write the payment amount in the payment amount box on the right-hand side of the check-”$113.97″ in this scenario. In the example above, you’d write “ABC Electric.” Write the payee’s name on the line that says “Pay to the Order of,” unless your statement lists another name to use. For example, if you’re mailing your check on July 1, 2022, you’d include that date. Write the date you’re mailing the check in the upper right-hand corner of the check. Using information from your statement, you can start writing your check. The statement shows an amount due of $113.97. For this example, suppose that your electric company, ABC Electric, requires you to mail checks as payment for services rendered. Statements, whether sent via mail or email, typically include instructions on making a payment. Let’s say you need to send a payment to your electric company. Even with the rise in mobile and online banking-and peer-to-peer (P2P) payment apps like Venmo and Paypal-it’s important to know how to balance your checkbook to stay on top of your financial transactions. One way to keep track of the checks you write is to record them in the paper check register that comes with a standard order of checks. Adding your signature is your way of agreeing that you are paying the payee the listed amount. ![]() A check is not valid without the proper signature. You’ll do this on the line in the bottom right corner of the check. When paying taxes, utilities and vendors, you might want to use this section for writing your account number or Social Security number. While using the memo section isn’t always necessary, it’s good practice to include notes in case you need to track down a payment later. So, if you write a check for $243.26, you will write it out as “Two hundred forty-three dollars and 26/100.” Writing out the correct amount is essential because the words win out legally if there are inconsistencies between the two amounts. Below the “Pay to the Order of” line, write out the check amount in words. Make sure you write the amount as close to the left-hand border as possible to prevent someone from committing fraud by writing additional digits to the left (for example, changing 100.00 to 2,100.00). Write the amount for the check in the box on the right-hand side of the check. Write the name of the person, company or organization you want to pay on the line that says “Pay to the Order of.” If you’re unsure of the person or organization’s exact name, find out to ensure it’s written correctly. This helps the person receiving the check know when it was written. In the upper right-hand corner, enter the date the check is written (most likely today’s date). In addition, they are one of the most common payment methods when renting an apartment, paying fees or buying a vehicle. Although electronic alternatives exist today, checks are still useful for sending payments by mail or keeping track of payments made. Checks are a necessary financial tool of modern life. ![]()
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