Banks print your account information on counter checks, so they work just like regular checks. Your ABA routing number and account number appear on the bottom of each check in that familiar computerized MICR font. Some banks include your name and address as well, but for the most part, these checks are very basic—merchants can usually tell when you’re using a counter check.
Definition of counter check: A special type of blank written form provided by a bank teller that a customer can fill out to order the bank to pay a given amount from the issuer's checking account. ... Counter check blanks are typically kept at a bank's teller counter in order to facilitate checking account holders in making withdrawals at the ...
counter check definition: The definition of a counter check is a check available to a bank customer to add their account number to make a withdrawal from their account. (noun) An example of a counter check is what a bank customer would fill out when taking m...
When you go to the bank and want to take out money, you can use one of their checks to deduct money from your account. If your bank statement states that you have an over-the-counter check that withdrew money from your account and you didn't do it, contact the bank right away.
Definition of counter check in the AudioEnglish.org Dictionary. Meaning of counter check. What does counter check mean? Proper usage and pronunciation (in phonetic transcription) of the word counter check. Information about counter check in the AudioEnglish.org dictionary, synonyms and antonyms.
A counter check is a check with blank spaces for the account information. Banks give these out to customers who have not yet received pre-printed checks. They may also give them to customers who have no other means of withdrawing cash from their accounts.
Are over-the-counter (OTC) drugs safe to use? Over-the-counter medications can still carry a risk, even though they do not require a prescription. There is the possibility of side effects, drug interactions, or harm due to excessive doses. Consumers should read the “Drug Facts” label that is found on all OTC products.
Cashing Checks For Non-customers. by Mark Hargrave, Esq. ... that the bank may decline payment of a check or other item drawn against your account that is presented for payment over the counter at the bank rather than being deposited in an account at another institution and presented for payment through the check collection system.
Counter checks, often called starter checks, are given to customers by bank tellers. They are primarily used when a person opens up a new checking account. A bank also gives counter checks to customers when they run out of regular checks. Counter checks have a high rate of fraud, and institutions should be careful when accepting them.
OTCnet. The Over-the-Counter Channel (OTCnet) is a web-based application where federal agencies manage and report all check and cash deposits in one place. OTCnet automates the deposit process, captures detailed accounting information and makes the classification of Treasury collections easier.