A check endorsement is a signature on the back of a check. Financial institutions require all parties listed on the check to sign the back to be able to cash or deposit the check. A check typically has a designated area for customers to sign, and it is usually marked with the statement "Do not write, stamp or sign below this line."Continue Reading
The signature on the back of the check should match the name on the front. If the payer of the check spells the name incorrectly, financial institutions advise individuals to sign it the way it's written and then sign it normally. The same is true of any others listed on the check unless other signatures are not necessary.
In addition to the endorsement, individuals should also consider restricting how tellers can process the check. If the check already has a signature on the back of it, anyone with an ID matching that name would be able to cash the check. Using a phrase such as "deposit only" indicates to the bank teller that he or she is not to give cash on that transaction, and it limits the transaction to a deposit only. If someone picks up the check with fraudulent intentions, this will make the person unable to cash the check.Learn more about Personal Banking
To sign over a check to an individual, other than the original recipient, the original payee should write 'pay to the order of' on the back of the check. Then the payee should list the individual receiving the check followed by the signature of the original recipient.Full Answer >
Not all money orders require a signature, but if they do, then there will be a line on the front that is labeled something similar to "Purchaser's Signature." All money orders require a printed name, but if there is no line that is labeled with the word "signature," then the form may not require a signature at all.Full Answer >
An interstate Class A commercial driver’s license with a HAZMAT endorsement and a background check is a minimum requirement for employment as a Walmart driver. Applicants have 60 days to receive their HAZMAT endorsements after receiving job offers from Walmart, according to Walmart.com, as of 2015.Full Answer >
Check endorsement without recourse keeps a bank from withdrawing the amount of the check, as well as any fees, from a depositor's account even if the deposited check bounces for insufficient funds. The term "without recourse" transfers liability to the bank rather than the depositor.Full Answer >