How to Write a Check

How to Write a Check - How to Write a Cheque

A cheque or check is a piece of paper (usually) that orders a payment of money. The cheque had its origins in the ancient banking system, in which bankers would issue orders at the request of their customers, to pay money to identified payees.

In the age of Online banking, Plastic money (Credit/Debit Cards & ATM cards) writing cheque have lost its value, but its still being used by majority of people.

If you are writing your first cheque then you have come to the right place.

Before you start:

Before you start writing cheque you’ll need these things,

• Calculators 
• Personal Financial Software 
• Pen And Pencil 
• Checking Accounts

Step-by-step guide:

Step 1:

Write the date on the line in the upper right hand corner using any illegible format. Either use the current date or a later date for a post-dated check.

Step 2: 

Write the name of the person or business to whom you are writing the check on the line that start from "Pay to the Order of". Use full names, no nicknames.

Step 3:

Write the amount of the check in numeric form in the small space that starts with a currency sign ‘$/£/€’ so that it looks like this £99.00

Step 4:

Write the amount of the check in word form on the line ending with the word "Dollars, Pound or Euro etc".

Step 5:

Sign your name in the lower right hand corner.

Step 6 (optional):

Write a nice short note on the line in the bottom left-hand corner where it says "Memo" regarding the purpose of the check, or leave this line empty.

Step 7:

Note the check number, date, payee and amount on the check stub or in the check ledger at the front of your checkbook.

Cautions:

• Keep an eye on your account balance before issuing a cheque, because banks will fine you for bounced checks if you don’t have enough funds for your issued cheques. Maintain records for all deposits and cheques.
• Charges on bounced cheques are not fixed by banks.
• Don’t forget to remind about the post dated cheques.
• Destroy MICRE code of any voided checks or unused cheques and deposit slips, so that no one can copy it. Most of the time it is written at the bottom of cheque for the purpose of counterfeiting.

How to Write a Check - How to Write a Cheque